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Wednesday, 22 April 2026
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Insurance Past Questions and Answers

Waec Insurance Questions

Question 131:
one of the difference between contract of life assurance and non life insurance is?
  • A Non-life requires renewal while life does not
  • B Life requires renewal while non-life does not
  • C Life is subject to indemnity while non life is not
  • D Non-life is subject to compensation while life is not
View Answer & Explanation
Question 132:
The duty of a loss assessor is to ensure
  • A Adequate compensation to the insured
  • B Payment of premium to the insurer
  • C That risk manager identifies the risk properly
  • D That insurance broker collects commission
View Answer & Explanation
Question 133:
which of the following benefits will be covered under personal accident insurance
  • A Burial expenses
  • B Medical expenses
  • C Legal expenses
  • D Mortuary expenses
View Answer & Explanation
Question 134:
An attachment to an insurance policy that modifies the policy is?
  • A Applicable
  • B Variation list
  • C Log book
  • D Endorsement
View Answer & Explanation
Question 135:
An event sufficiently related to a legally recognizable injury to be the cause of that injury is?
  • A Hazard
  • B Remote clause
  • C Proximate cause
  • D Peril
View Answer & Explanation