A. cashiers handling cash B. all staff that may handle cash C. cash from office to bank D. all receivables…
A. loss adjuster B. insurance broker C. actuary D. surveyor Correct Answer: Option C C. actuary Explanation An actuary is…
A. hazard B. remote clause C. proximate cause D. peril Correct Answer: Option C C. proximate cause Explanation Proximate cause…
A. applicable B. variation list C. log book D. endorsement Correct Answer: Option D D. endorsement Explanation The purpose of…
A. burial expenses B. medical expenses C. legal expenses D. mortuary expenses Correct Answer: Option B B. medical expenses Explanation…
A. there is no claim if the insured survives the period B. the claim is small and easy to pay…
A. beneficiary B. receiver C. administrator D. next of kin Correct Answer: Option A A. beneficiary Explanation A beneficiary is…
A. earned premium B. unearned premium C. return premium D. unpaid premium Correct Answer: Option C C. return premium Explanation…
A. Nigeria council of registered insurance brokers B. chartered insurance institute of Nigeria C. National insurers association D. Nigeria insurance…
A. payment that is made by insurance B. events that lead to a loss C. exposure to no risk at…