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peril in insurance means

Insurance
WAEC 2016

peril in insurance means

  • A. payment that is made by insurance
  • B. events that lead to a loss
  • C. exposure to no risk at all
  • D. money that is paid for insurance
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Correct Answer: Option B
Explanation

A specific risk or cause of loss covered by an insurance policy, such as a fire, windstorm, flood, or theft.

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