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Insurance 2017 WAEC Past Questions

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21

The policy of insurance is signed by the?

  • A. representative of the insured
  • B. representative of the insurer
  • C. insurance broker
  • D. insurance consultant
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22

The document that is legally required to be issued by insurers in respect of compulsory insurance is

  • A. cover note
  • B. endorsement
  • C. certificate
  • D. renewal note
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23

The class of insurance that does not require a certificate is?

  • A. motor insurance
  • B. marine insurance
  • C. fire insurance
  • D. aviation insurance
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24

How many days are allowed in life insurance as days of grace

  • A. 25 days
  • B. 30 days
  • C. 35 days
  • D. 60
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25

The person that buys a life insurance policy is an 

  • A. actuary
  • B. assured
  • C. assesor
  • D. agent
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts