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 opening balance of debtors is N100,000 and that…A limited company has an authorized capital of…If Mr. N takes a fire insurance policy with average…XYZ Ltd's total sales was #100,000. It had opening…An agreement by the insurer to compensate the…