by Sunday | Oct 17 | Insurance WAEC
A. hazard B. remote clause C. proximate cause D. peril Correct Answer: Option C C. proximate cause Explanation Proximate cause is a key principle of insurance and is concerned with how the loss or damage actually occurred and whether it is indeed as a result of an...
by Sunday | Oct 17 | Insurance WAEC
A. applicable B. variation list C. log book D. endorsement Correct Answer: Option D D. endorsement Explanation The purpose of an endorsement is a policy change. Insurance companies create endorsements to offer options to insureds to add coverage or increase coverage...
by Sunday | Oct 17 | Insurance WAEC
A. burial expenses B. medical expenses C. legal expenses D. mortuary expenses Correct Answer: Option B B. medical expenses Explanation Medical care expenses include payments for the diagnosis, cure, mitigation, treatment, or prevention of disease, or payments for...
by Sunday | Oct 17 | Insurance WAEC
A. there is no claim if the insured survives the period B. the claim is small and easy to pay C. there is a claim if the insured survives the period D. there is no payment due to the insured Correct Answer: Option A A. there is no claim if the insured survives the...
by Sunday | Oct 17 | Insurance WAEC
A. beneficiary B. receiver C. administrator D. next of kin Correct Answer: Option A A. beneficiary Explanation A beneficiary is a person or entity you name in a life insurance policy to receive the death benefit.
by Sunday | Oct 17 | Insurance WAEC
A. earned premium B. unearned premium C. return premium D. unpaid premium Correct Answer: Option C C. return premium Explanation Return Premium: An amount, equal to a fraction of the premium, which is given back to the insured in the case of a cancellation, an...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.