Insurance Past Questions and Answers

The use of gas burners for cutting and welding is considered in insurance contract as

The method of paying premium in life insurance contract in which premium payable increases as age increases is?

The right to effect a contract of insurance on the life of a debtor by the creditor is?

Non-indemnity insurance policies are referred to as

insurer XYZ is jointly covered for two lines surplus treaty reinsurance by reinsurers I,J,K and L for a retention limit of N120,000. The amount of cession for reinsurer K if all reinsurers share the risk equally with the sum insured of N360,000 is?