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An insurance intermediary that is professionally liable for acts of negligence in the discharge of...

Insurance
WAEC 2017

An insurance intermediary that is professionally liable for acts of negligence in the discharge of his duties to his client is an insurance

  • A. agent
  • B. broker
  • C. consultant
  • D. underwriter
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Correct Answer: Option B
Explanation

An insurance broker is  a person or company registered as an adviser on matters of insurance and as an arranger of insurance cover with an insurer on behalf of a client.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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