The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is
A life policy where the insured cannot make claim himself because the payment cannot be made in his life time is
mr. Thomas assured his life for the sum of N300,000.00 for a period of 20 years. The premium payable being N2,200.00 monthly.due to loss of employment, thomas was not able to pay the premium in the last 3 months .
what is the sum assured for the policy
what is the term for the period he will be allowed to reinstate the contract
what is the term used for the amount payable to mr. Thomas if he chooses to discontinue with the contract
