Insurance

(a)(i) What is a proposal form? (ii) List four general questions that are contained in a … Read More

(a) Differentiate between whole life and endowment assurance. (b) State five uses of life assurance. (c) … Read More

MADAM SCHOLASTICA’S HAIR SALON Madam Scholastica owns a big salon in centre of Lagos with fifty … Read More

(a) Explain the following terms used in insurance. (i) peril (ii) hazard. (iii) disclosure. (b) Differentiate … Read More

(a) Explain the term “risk” in insurance. (b) List and explain five features of insurance contracts.  … Read More

(a) What is endowment policy? (b) Differentiate between the following terms: (i) Third party and comprehensive … Read More

(a) State three marine perils. (b) List and explain three types of cover available under marine … Read More

Explain the following terms as used in insurance business: (a) Surrender value (b) Days of grace … Read More

(a) What is a “discharge voucher”? (b) State three duties each of the following in insurance … Read More

mr. Thomas assured his life for the sum of N300,000.00 for a period of 20 years. … Read More