Insurance WAEC

The document used by the insurer to ask questions about a risk to be covered is?

A. certificates
B. proposal form
C. policy form
D. schedule

Correct Answer: Option B

B. proposal form

Explanation

A proposal form is a standard printed document that is completed by a person who is requesting insurance coverage. The main source of information in an application for risk coverage is the proposal form that the applicant or the intermediary submits to the insurer.

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