by Sunday | Oct 17 | Insurance WAEC
(i) have been registered with NAICOM (ii)operate with sound insurance principles (iii) hold membership of CHN (iv) ascribe to the policy holding of NIA A. i, ii and iii only B. i, ii and iv C. i, iii and iv D. ii, iii and iv Correct Answer: Option B B. i, ii and...
by Sunday | Oct 17 | Insurance WAEC
A. 30 policy-holders B. 40 policy-holders C. 50 policy-holder D. 60policy-holders Correct Answer: Option C C. 50 policy-holder Explanation The Insurance Act 2003 provides for the liquidation of insurers on the petition of either 50 policyholders or the National...
by Sunday | Oct 17 | Insurance WAEC
A. a proposal form B. a policy form C. an endorsement D. a slip Correct Answer: Option A A. a proposal form Explanation A proposal form is the form completed by the policyholder when applying for insurance. You will need to fill in information about the risk you are...
by Sunday | Oct 17 | Insurance WAEC
A. a cover note B. a proposal form C. an endorsement D. a slip Correct Answer: Option A A. a cover note Explanation A cover note is a temporary document issued by an insurance company that provides proof of insurance coverage until a final insurance policy can be...
by Sunday | Oct 17 | Insurance WAEC
A. decreasing term insurance B. increasing term insurance C. level term insurance D. convertible term insurance Correct Answer: Option D D. convertible term insurance Explanation A convertible insurance policy is a term usually related to life insurance. This type of...
by Sunday | Oct 17 | Insurance WAEC
A. shortage B. hold-up C. personal injury D. damaged to safe Correct Answer: Option A A. shortage Explanation Money insurance policy provides cover for loss of money in transit between the insured’s premises, bank and other specified places occasioned by...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.