Life policies can be used as a collateral for loan when the policy has?
Life policies can be used as a collateral for loan when the policy has? A. ceased to be…
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The body that regulates the activities of insurance market in Nigeria
The body that regulates the activities of insurance market in Nigeria A. National Insurance Commission B. professional reinsurance…
The class of insurance that does not require a certificate is?
The class of insurance that does not require a certificate is? A. motor insurance B. marine insurance C.…
How many days are allowed in life insurance as days of grace
How many days are allowed in life insurance as days of grace A. 25 days B. 30 days…
The part of the policy that describes the event that could lead to loss in…
The part of the policy that describes the event that could lead to loss in an insurance contract…
Insurance is defined as pooling of risk because many people
Insurance is defined as pooling of risk because many people A. with common interest make claims every year…
The policy of insurance is signed by the?
The policy of insurance is signed by the? A. representative of the insured B. representative of the insurer…
The document that is legally required to be issued by insurers in respect of compulsory…
The document that is legally required to be issued by insurers in respect of compulsory insurance is A.…
life insurance is a contract of?
life insurance is a contract of? A. indemnity B. subrogation C. benefit D. contribution Correct Answer: Option C…
In an endowment policy, benefits are paid at death or
In an endowment policy, benefits are paid at death or A. a lump sum is paid on maturity…