Insurance Past Questions

Study and practice Insurance past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

50 questions JAMB 1 WAEC 143 CUSTOM 1
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Past Questions

50 questions
Question 1 of 10 50 total questions
Question 21
waec 2016

A blanket policy in fidelity guarantee insurance is to cover

Acashiers handling cash
Ball staff that may handle cash
Ccash from office to bank
Dall receivables of the company
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Question 22
waec 2016

which of the following professionals assist in determining the actual cost of a loss to be paid by an insurer on a claim

Aloss adjuster
Binsurance broker
Cactuary
Dsurveyor
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Question 23
waec 2016

An event sufficiently related to a legally recognizable injury to be the cause of that injury is?

Ahazard
Bremote clause
Cproximate cause
Dperil
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Question 24
waec 2016

An attachment to an insurance policy that modifies the policy is?

Aapplicable
Bvariation list
Clog book
Dendorsement
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Question 25
waec 2016

which of the following benefits will be covered under personal accident insurance

Aburial expenses
Bmedical expenses
Clegal expenses
Dmortuary expenses
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Question 26
waec 2016

A term insurance policy is cheap because?

Athere is no claim if the insured survives the period
Bthe claim is small and easy to pay
Cthere is claim if the insured survives the period
Dthere is no payment due to the insured
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Question 27
waec 2016

The person named to recieve the life assurance proceeds after the date of the life assured is?

Abeneficiary
Breceiver
Cadministrator
Dnext of kin
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Question 28
waec 2016

when a policy is cancelled before its expiry date, what is owed to the insured is

Aearned premium
Bunearned premium
Creturn premium
Dunpaid premium
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Question 29
waec 2016

The body charged with the responsibility to promote and uphold universally accepted standards in insurance business

ANigeria council of registered insurance brokers
Bchartered insurance institute of Nigeria
CNational insurers association
DNigeria insurance commission
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Question 30
waec 2016

peril in insurance means

Apayment that is made by insurance
Bevents that lead to a loss
Cexposure to no risk at all
Dmoney that is paid for insurance
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