| Musa lent Obinna the sum of N2,000,000 in February 2015 which he promised to pay back at the end of the year. Musa decided to effect a life policy on Obinna for a sum of N20,000 |
A. Obinna’s life
B. the N2,000,000 loan
C. Musa’s life
D. the sum assured of N20,000
Correct Answer: Option A
A. Obinna’s life
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