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The peril  insured against by musa is 

musa lent obinna the sum of N2,000,000 i february 2015 which he promised to pay back at the end of the year..  musa decided to effect a life policy on obinna for a sum of N20,000 

The peril  insured against by musa is 

  • A.
    the loan
  • B.
    death
  • C.
    bad debt
  • D.
    disability
Correct Answer: Option B
Explanation