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Wednesday, 22 April 2026
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Insurance Past Questions and Answers

Waec Insurance Questions

Question 141:
The person named to recieve the life assurance proceeds after the date of the life assured is?
  • A Beneficiary
  • B Receiver
  • C Administrator
  • D Next of kin
View Answer & Explanation
Question 142:
A term insurance policy is cheap because?
  • A There is no claim if the insured survives the period
  • B The claim is small and easy to pay
  • C There is claim if the insured survives the period
  • D There is no payment due to the insured
View Answer & Explanation
Question 143:
Explain aviation insurance.
List and explain three covers provided by aviation insurance.


technical feasibility;
economic feasibility.
    View Answer & Explanation
    Question 144:
    (i) Explain ECOWAS Brown Card.

    (ii) State two conditions under which ECOWAS Brown Card is issued
    2. List and explain three types of policies available under motor insurance.
      View Answer & Explanation
      Question 145:
      Outline three properties covered in fire insurance.
      Enumerate six special perils covered in fire insurance.
      Explain three covers provided under standard fire policy.
        View Answer & Explanation