Waec Insurance Past Questions
Question 16
The class of insurance under which a visitor who was bitten by her host dog would be compensated is?
- A. personal liability insurance
- B. public liability insurance
- C. professional indemnity insurance
- D. employers liability insurance
Question 17
The minimum cover for motorist in nigeria is?
- A. ''Act'' only
- B. third party only
- C. fire and theft
- D. comprehensive insurance
Question 18
claims paid by insurers in the event of loss is irrecoverable when the?
- A. average clause is applied
- B. sum insured has been exhausted
- C. sum insured has not been exhausted
- D. payment is and ex gratia basis
Question 19
Addition of a new building to an existing fire and special perils insurance would be effected through the issuance of?
- A. a new policy
- B. an endorsement
- C. a specification
- D. a rectification
Question 20
A condition precedent to an insurance contract is the
- A. extent of the cover granted
- B. right to cancel the insurance contract
- C. right to take possession of damaged property
- D. existence of the subject matter of insurance
