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which of the following is a subject matter of insurance in fire policy

Insurance
WAEC 2016

which of the following is a subject matter of insurance in fire policy

  • A. building
  • B. shares
  • C. corporation
  • D. money
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Correct Answer: Option A
Explanation

Subject matter of insurance is the life, limbs, property, rights or any potential legal liability insured under a policy. in a fire policy, a building is a subject matter 

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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 offline past questions - with all answers and explanations in one app - Download for free
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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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent