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136

A life insurance contract will be affected by failure to disclose?

  • A. correct address
  • B. status of assured
  • C. place of work
  • D. correct date of birth
View Answer & Discuss WAEC 2016
137

A document used to provide evidence of insurance if the policy document is not imediately available is

  • A. certificate
  • B. cover note
  • C. proposal form
  • D. endorsement
View Answer & Discuss WAEC 2016
138

To assess aviation risks, the underwriter would want to know the

  • A. size of the airport
  • B. financial capacity of the airline
  • C. age of the aircraft
  • D. staff strength of the airline
View Answer & Discuss WAEC 2016
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139

The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is

  • A. group insurance
  • B. business support
  • C. fire insurance
  • D. business interruption
View Answer & Discuss WAEC 2016
140

A life policy where the insured cannot make claim himself because the payment cannot be made in his life time is

  • A. whole life policy
  • B. annuity policy
  • C. key-man policy
  • D. endowment policy
View Answer & Discuss WAEC 2016
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