A claimant who is not legally entitled to a claim under a...
A claimant who is not legally entitled to a claim under an insurance contract may be offered a payment on?
constructive total loss basis
partial loss basis
advice of loss basis
ex-gratia basis
Correct answer is D
Ex gratia (/ˌɛks ˈɡreɪʃiə/; also spelled ex-gratia) is Latin for "by favour", and is most often used in a legal context. When something has been done ex gratia, it has been done voluntarily, out of kindness or grace.
The peril insured against by musa is ...
one of the difference between contract of life assurance and non life insurance is? ...
What is the premium payable for the comprehensive cover ...
Term insurance benefits are payable ...
information required in a proposal form for employer's liability is insurance include ...
The subject matter of insurance in the package 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 ...