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Thursday, 09 April 2026
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Payment made to the insured by the insurer outside its legal obligation is?
Classroom
Commerce Classroom
Jamb
Jamb 2006
Aids-to-trade
Insurance
More Topics
Payment made to the insured by the insurer outside its legal obligation is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Premium paid
B
Ex gratia payment
C
Surrender value
D
Sum assured
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
Basic Electronics
Biology
Bookkeeping
Block laying, bricklaying, and concreting work
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