One of the principles of insurance is

Commerce

WAEC 2012

A. consequential loss
B. fidelity guarantee
C. proximate cause
D. surrender value

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Correct Answer: Option C

Explanation

Proximate cause is an insurance principle that refers to the first event, or first peril, in a series of events that cause damage in an insurance claim.

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One of the principles of insurance is

Correct Answer: Option C

Explanation

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