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The payment made to the insured for loss incurred is
Classroom
Commerce Classroom
Waec
Waec 1997
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The payment made to the insured for loss incurred is
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Premium
B
Indemnity
C
Ex gratia payment
D
Surrender value
E
Interest
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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