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Which of these insurance principles requires a close connection between the actual loss suffered and...

Commerce
JAMB 2002
Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?
  • A. indemnity
  • B. proximate cause
  • C. Contribution
  • D. Subrogation
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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