by Sunday | Oct 17 | Insurance WAEC
A. days of grace B. cooling off period C. rectification D. endorsement Correct Answer: Option B B. cooling off period Explanation The cooling-off period: Is a period during which you can cancel the policy for any reason. If you cancel, you should get a refund of any...
by Sunday | Oct 16 | Insurance WAEC
A. provide a forum to improve insurance business B. prepare the insured’s claims C. offer technical services in claim investigation D. adjust loss to suit the insured Correct Answer: Option C C. offer technical services in claim investigation Explanation The...
by Sunday | Oct 16 | Insurance WAEC
A. indeterminate premium payment B. limited premium payment C. single premium payment D. modified premium payment Correct Answer: Option B B. limited premium payment Explanation A limited premium payment plan is a plan where you pay the premium for a shorter span of...
by Sunday | Oct 16 | Insurance WAEC
A. vessel B. container C. consignment D. freight Correct Answer: Option C C. consignment Explanation Marine Cargo Insurance is a class of property insurance that insures property while in transit against loss or damage arising from perils associated with the...
by Sunday | Oct 16 | Insurance WAEC
Insurer XYZ is jointly covered for two lines of surplus treaty reinsurance by reinsurers I, J, K, and L for a retention limit of N120,000. The amount of cession for reinsurer K if all reinsurers share the risk equally with the sum insured of N360,000 is? A. N45,000 B....
by Sunday | Oct 16 | Insurance WAEC
A. benefit policies B. profit policies C. non-profit policies D. non-benefit policies Correct Answer: Option A A. benefit policies Explanation In non-indemnity insurance, the sum which the insured is entitled to receive from the insurer does not necessarily bear any...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.