A. death of the assured till a specified period B. survival of the assured till a specified period C. survival…
A. advice the claimant on claims processing B. ensure prompt payment of claims C. estimate maximum loss D. investigate the…
Musa lent Obinna the sum of N2,000,000 in February 2015 which he promised to pay back at the end of…
Musa lent Obinna the sum of N2,000,000 in February 2015 which he promised to pay back at the end of…
A. private motor B. commercial vehicle C. motor trade D. general cartage Correct Answer: Option B B. commercial vehicle Explanation…
A. assault B. trespass C. nuisance D. negligence Correct Answer: Option D D. negligence Explanation Professional Indemnity Insurance (PII) is…
A. marital status B. place of birth C. date of birth D. social status Correct Answer: Option C C. date…
A. prompt payment of claims B. adequate reinsurance treaty C. allowance for ex-gratia payment D. settlement of investigated claims Correct…
A. heating B. earthquake C. civil commotion D. spontaneous combustion Correct Answer: Option B B. earthquake Explanation Natural peril; This…
A. insured B. insurer C. reinsurer D. broker Correct Answer: Option A A. insured Explanation A Loss Assessor is appointed…