2016 WAEC SSCE Insurance Past Questions

2016

A blanket policy in fidelity guarantee insurance is to cover

2016

which of the following professionals assist in determining the actual cost of a loss to be paid by an insurer on a claim

2016

An event sufficiently related to a legally recognizable injury to be the cause of that injury is?

2016

An attachment to an insurance policy that modifies the policy is?

2016

which of the following benefits will be covered under personal accident insurance

2016

A term insurance policy is cheap because?

2016

The personnamed to recieve thelife assurance proceeds after the date of the life assured is?

2016

when a policy is cancelled before its expiry date, what is owed to the insured is

2016

The body charged with the responsibility to promote and uphold universally accepted standards in insurance business

2016

peril in insurance means

2016

(a) Differentiate between whole life and endowment assurance.(b) State five uses of life assurance.(c) List and explain two benefits covered under life assurance.

2016

(a) What is endowment policy?(b) Differentiate between the following terms: (i) Third party and comprehensive motor insurance; (ii) Death benefit and maturity benefit; (iii) Contracts of life and non-life insurance.

2016

(a) Explain the term "risk" in insurance.(b) List and explain five features of insurance contracts.

2016

(a) What is a "discharge voucher"?(b) State three duties each of the following in insurance claims: (.i) insured; (ii) underwriter.

2016

Explain the following terms as used in insurance business: (a) Surrender value(b) Days of grace (c) Ex-gratia payment (d) Endorsement(e) Disclosure.

2016

(a) State three marine perils.(b) List and explain three types of cover available under marine insurance.

2016

PETER CITUKWU'S MOTOR INSURANCE CLAIM Mr. Peter Chukwu owns a Peugeot 406 saloon car which he insured for a value of #2,000,000.00 with Integrity Insurance Plc on comprehensive basis. He uses this vehicle for social, dom…

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