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The person that buys a life insurance policy is an 

Insurance
WAEC 2017

The person that buys a life insurance policy is an 

  • A. actuary
  • B. assured
  • C. assesor
  • D. agent
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Correct Answer: Option B
Explanation

An assured: Legal owner or beneficiary of a life insurance policy.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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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 App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076