Waec Insurance Past Questions For Year 2018
Question 26
A general question in an insurance proposal form is
- A. name of the proposal
- B. carriage of fare-paying passenger
- C. description of the proposers' premises
- D. methods of construction
Question 27
insurers requesting for membership of Nigeria Insurers Association is required by law to?
(i) have been registered with NAICOM (ii)operate with sound insurance principles (iii) hold membership of CHN (iv) ascribe to the policy holding of NIA
- A. i, ii and iii only
- B. i, ii and iv
- C. i, iii and iv
- D. ii, iii and iv
Question 28
The winding up of an insurance is legally required to be based on a petition written from not less than
- A. 30 policy holders
- B. 40 policy holders
- C. 50 policy holder
- D. 60policy holders
Question 29
contract of insurance which involves large industrial risks are handled for protection through the completion of?
- A. a proposal form
- B. a policy form
- C. an endorsement
- D. a slip
Question 30
The document used pending the issuance of certificate in motor insurance policy is
- A. a cover note
- B. a proposal form
- C. an endorsement
- D. a slip
