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Insurance Past Questions


Question 146:


WAEC 2015

List and explain five principles of insurance.



Question 147:


WAEC 2015

Explain the following terms as used in insurance.
(a) re-insurance
(b) Loss adjusters
(c) underwriters
(d) brokers
(e) assessor




Question 148:


WAEC 2015

(a)Define the term employer's liability in insurance.
(b)State three benefits that can be covered under employer's liability.
(c)State three causes of business interruption.



Question 149:


WAEC 2015

Explain the following terms under marine insurance:
(a) hull policy
(b) cargo policy
(c) freight policy
(d) marine perils
(e) average




Question 150:


WAEC 2015

List and explain three types of endowment policy.







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