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The agreed amount payable to a policy holder when the event insured against occurs is?
Classroom
Commerce Classroom
Waec
Waec 1994
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The agreed amount payable to a policy holder when the event insured against occurs is?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Surrender value
B
Sum assured
C
Indemnity
D
Insurable interest
E
Endowment
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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