by Sunday | Oct 17 | Insurance WAEC
A. Nigeria council of registered insurance brokers B. chartered insurance institute of Nigeria C. National insurers association D. Nigeria insurance commission Correct Answer: Option D D. Nigeria insurance commission Explanation The National Insurance Commission...
by Sunday | Oct 17 | Insurance WAEC
A. payment that is made by insurance B. events that lead to a loss C. exposure to no risk at all D. money that is paid for insurance Correct Answer: Option B B. events that lead to a loss Explanation A specific risk or cause of loss covered by an insurance policy,...
by Sunday | Oct 17 | Insurance WAEC
Eke bought a new car for N1.5M. The practice in the insurance industry is to pay 10% of the value of the vehicle as premium for comprehensive cover and 2.5% additional cover for strike, riot and civil commotion. Eke was issued a document and two weeks later, he was...
by Sunday | Oct 17 | Insurance WAEC
Eke bought a new car for N1.5M. The practice in the insurance industry is to pay 10% of the value of the vehicle as premium for comprehensive cover and 2.5% additional cover for strike, riot and civil commotion. Eke was issued a document and two weeks later, he was...
by Sunday | Oct 17 | Insurance WAEC
Eke bought a new car for N1.5M. The practice in the insurance industry is to pay 10% of the value of the vehicle as premium for comprehensive cover and 2.5% additional cover for strike, riot and civil commotion. Eke was issued a document and two weeks later, he was...
by Sunday | Oct 17 | Insurance WAEC
Adekunle bought a car for N2,000,000. he insured it with Musa insurance company and Okon insurance company for N600,000 and N800,000 respectively. on his way to his office, he had an accident that destroyed his windscreen valued at N30,000 and Kayode’s shop...