Insurance Past Questions and Answers

jaguna's repaired expenses of N75,000 would be paid by

use the following information to answer the question below.

Basanya's vehicle was hit at the rear by jaguna's vehicle. The two vehicles had a minimum cover. estimate of repairs were as follows;

Basanya's vehicle - N155,000; jaguna's vehicle- N75,000


The compensation would be calculated as

use the following information to answer the question below.

Basanya's vehicle was hit at the rear by jaguna's vehicle. The two vehicles had a minimum cover. estimate of repairs were as follows;

Basanya's vehicle - N155,000; jaguna's vehicle- N75,000


The effect of the minimum cover on the two vehicles is the the?

musa lent obinna the sum of N2,000,000 i february 2015 which he promised to pay back at the end of the year.. musa decided to effect a life policy on obinna for a sum of N20,000


The peril insured against by musa is

one of the duties of a loss adjustor is