School
NGR
Welcome to Schoolngr.com
Home
School
News
C B T
Classroom
Search SchoolNGR
Search
Sunday, 05 April 2026
Register
.
Login
Your browser does not seems to have Javascript enabled. Please enable Javascript in order to use all the features of this website!
The most important reason for the existence of insurance business is to?
Classroom
Commerce Classroom
Jamb
Jamb 2009
Aids-to-trade
Insurance
Importance Of Insurance
More Topics
The most important reason for the existence of insurance business is to?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Prevent the occurrence of any loss
B
Spread losses to all covered participants
C
Provide for the replacement of facilities
D
Encourage individuals to save
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
Prev
Current
Next
Share question on:
Facebook
X
WhatsApp
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
Load More Subject
Stay Updated
Follow us on:
Facebook
X