An insurance policy is subject to a franchise of N115,000, how much would an insured who suffered of N120,000 recieve as compensation? by Sunday | Oct 17 | Insurance WAEC | 0 comments A. N5,000 B. N115,000 C. N120,000 D. N235,000 Correct Answer: Option A A. N5,000 Users Also Read These:The insured who suffered a loss would be entitled to…The compensation the insured gets depends heavily on the?If the insured has been fully indemnified, the…If Mr. N takes a fire insurance policy with average…Opening creditors was N65,000, closing creditors was…