Insurance Past Questions and Answers

WAEC 2015

List and explain five principles of insurance.

WAEC 2015

Explain the following terms as used in insurance.
(a) re-insurance
(b) Loss adjusters
(c) underwriters
(d) brokers
(e) assessor

WAEC 2015

(a)Define the term employer's liability in insurance.
(b)State three benefits that can be covered under employer's liability.
(c)State three causes of business interruption.

WAEC 2015

Explain the following terms under marine insurance:
(a) hull policy
(b) cargo policy
(c) freight policy
(d) marine perils
(e) average

WAEC 2015

List and explain three types of endowment policy.