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An insurance policy is subject to a franchise of N115,000, how much would an insured…

An insurance policy is subject to a franchise of N115,000, how much would an insured who suffered of N120,000 recieve as compwnsation

  • A.
    N5,000
  • B.
    N115,000
  • C.
    N120,000
  • D.
    N235,000
Correct Answer: Option A
Explanation