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The insurance professional who assist the third party to evaluate the extent of loss in...

Insurance
WAEC 2018

The insurance professional who assist the third party to evaluate the extent of loss in a motor accident is

  • A. a loss adjustor
  • B. a loss assessor
  • C. a consultant
  • D. an investigator
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Correct Answer: Option B
Explanation

A Loss Assessor is appointed by the policyholder when they need to submit a substantial or complex claim. All fees are paid by the Policyholder.

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