Which of the following is not a function of an insurance company?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Mobilization of funds through premiums collected
- B Encouragement of savings habits through life assurances
- C Collection of deposits from the public
- D Granting of loans on long-term basis for investment
- E Encouragment of investment by security of capital
Correct Answer: Option C
Explanation:
Share question on: