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:A reinsurance cover of N100,000 in excess of N20,000…The opening balance of debtors is N100,000 and that…A club received rent N10,000 and donation N30,000.…If the insured has been fully indemnified, the…XYZ Ltd's total sales was #100,000. It had opening…