Insurance WAEC

The responsibility of the institute of a loss adjuster is to?

A. regulate the activities of its members
B. settle disputes among insurance companies
C. register all insurance practitioners
D. act as intermediaries between the government and its members

Correct Answer: Option A

A. regulate the activities of its members

Explanation

The objectives of the Institute is to establish and sustain a professional body of practicing Loss Adjusters in Nigeria; to engage in activities that will ensure the general welfare and public well being of Insurance Loss Adjusters and to take necessary actions for the advancement of education in the field of loss adjusting

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