The payment made to the insured for loss incurred is
...The payment made to the insured for loss incurred is
premium
indemnity
ex gratia payment
surrender value
interest
Correct answer is B
No explanation has been provided for this answer.
Which of the following is an advantage of indigenization ? ...
A sale agreement whereby the buyer takes possession but not title to the goods is ...
The Manager, Afribank, Lagos. Please pay to Great Nigeria Insurance Company, from my account, a s...
Which of the following does NOT relate to marine insurance?... policy ...
One of the implications of the incorporation of a company is that ...
Management of a business involves the development of ideas for the ...
A source of capital that has elements of debt and equity is a? ...
Public relations and advertising are similar in terms of? ...
Which of the following are elements of the economic environment of business? ...