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71

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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72

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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73

The person that buys a life insurance policy is an 

  • A. actuary
  • B. assured
  • C. assesor
  • D. agent
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74

The body that regulates the activities of insurance market in Nigeria

  • A. National Insurance Commission
  • B. professional reinsurance association of nigeria
  • C. Nigeria insurers Association
  • D. Nigeria council of registered insurance brokers
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75

Life policies can be used as a collateral for loan when the policy has?

  • A. ceased to be life
  • B. been temporary suspended
  • C. acquired surrender value
  • D. been made paid-up
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