INS 312 Theory Questions: Annuity Contracts and Micro Pension Schemes in Nigeria

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format. Correct, detailed, and straightforward answers.

Questions:

(a) State the various parties under an Annuity contract and indicate the types of annuity available for individual assured.
(b) What are the advantages and disadvantages of micro pension scheme?

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