Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Friday, 22 November 2024

RegisterLogin

Waec Insurance 2018 Past Questions and Answers

Exam year:
Question type:
Topics:

Waec 2018 Insurance Past Questions

Question 41:


Marine cargo insurance indemnifies the insured for a loss of?

A. Vessel
B. Container
C. Consignment
D. Freight


Question 42:


An insured arranges for his premium payment to cease at the age of 70. This is a whole life policy with

A. Indeterminate premium payment
B. Limited premium payment
C. Single premium payment
D. Modified premium payment


Question 43:


One of the functions of the institute of loss adjuster of Nigeria is to

A. Provide a forum to improve insurance business
B. Prepare the insured's claims
C. Offer technical services in claim investigation
D. Adjust loss to suit the insured


Question 44:


A document issued by an insurer giving temporary protection to the insure is?

A. Endorsement
B. Certificate
C. Proposal form
D. Cover note


Question 45:


The financial interest of the insured in an insurance policy is the

A. Subject matter of insurance
B. Subject matter of the contract
C. Assignment of the contract
D. Deed of the contract






AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy