The agreed amount payable to a policy holder when the event insured against occurs is?

By: |Published on: Jul 24|Categories: Commerce WAEC| 0 comments

A. surrender value
B. sum assured
C. indemnity
D. insurable interest
E. endowment

Correct Answer:

Option B – sum assured

Users Also Read These:

SEE ALSO  One of these is not part of small-scale retailers?

Copyright warnings! Do not copy.