To insure any property, the insured must have
insurable interest
goodwill
premium
valuable consideration
Correct answer is A
Insurable interest is defined as the reasonable concern of a person to obtain insurance for any individual or property against unforeseen events such as death, losses, etc.
In the URL https://waec.org.ng, the domain name is?
waec.org.ng
http://www.
//www/.waec.
org.ng.
Correct answer is A
No explanation has been provided for this answer.
A ''no claim discount'' will be granted under
fidelity guarantee insurance
marine insurance
life insurance
motor insurance
Correct answer is D
No-claim bonus (NCB) is a discount in premium offered by insurance companies if a vehicle owner has not made a single claim during the term of the motor insurance policy.
what type of network is represented in the diagram above?
local area network
metropolitan area network
personal area network
wide area network
Correct answer is D
No explanation has been provided for this answer.
A blanket policy in fidelity guarantee insurance is to cover
cashiers handling cash
all staff that may handle cash
cash from office to bank
all receivables of the company
Correct answer is B
Fidelity Guarantee policy indemnifies against infidelity of an employee which leads to financial loss. It covers for the loss of money, goods and/or stock arising from dishonesty, embezzelment or misappropriation of company's funds &/or property by employees.
A blanket policy is a form of property insurance that covers more than one type of property at one location, or the same type at various locations, or multiple types at multiples locations. It allows the policyholder to extend the coverage of a basic homeowner's policy.
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