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: |Published on: Oct 17|Categories: Insurance WAEC| 0 comments

A. N5,000
B. N115,000
C. N120,000
D. N235,000

Correct Answer: Option A

A. N5,000

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