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which of the following professionals is an operator in the reinsurance market?
A policy that covers a trader against the risk of payment default by customer is
A life policy that pays the sum assured if the policy holder dies anytime within the policy period is
The insured who suffered a loss would be entitled to the amount of compensation payable for the loss under the principle of?
The expert who uses statistics to develop the premium payable in a life contract is an
The factor which increases the possibility of loss that emanates from the insured attitude is?
Life policies can be used as a collateral for loan when the policy has?
The body that regulates the activities of insurance market in Nigeria
The person that buys a life insurance policy is an
How many days are allowed in life insurance as days of grace
The class of insurance that does not require a certificate is?
The document that is legally required to be issued by insurers in respect of compulsory insurance is
The policy of insurance is signed by the?
Insurance is defined as pooling of risk because many people
The part of the policy that describes the event that could lead to loss in an insurance contract is
In an endowment policy, benefits are paid at death or
life insurance is a contract of?
An insurance intermediary that is professionally liable for acts of negligence in the discharge of his duties to his client is an insurance
Term insurance benefits are payable
The demand for payment made by the insured to the insurer following occurence of the event insured against is