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Insurance 2018 WAEC Past Questions

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51

(a) Explain a fidelity guarantee insurance policy.

(b) List and explain the four types of policies in fidelity guarantee insurance. 
 

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52

 (a) State three roles of National Insurance Commission.

(b) List and explain three methods of providing indemnity. 
 

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53

(a) Outline three features of life assurance.

(b) State three benefits each of life assurance to the;
(i) individuals
(ii) government 
 

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
54

(a) Who is a loss assessor?

(b) Explain three roles of a loss assessor.

(c) State foul-functions of the Chartered Insurance Institute of Nigeria.
 

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55

(a) List six experts that would require professional indemnity insurance in their operations.

(b) Explain the cover provided by each of the following insurance 'policies:
(i) personal liability
(ii) public liability
(ii) professional indemnity 
 

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