AdmitMe
Commerce · Insurance

CommerceInsuranceWAEC

The regular payment made by the insured to the insurer is the

Show answer

Answer: B. premium

Premiums buy the insurance cover.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Insurance questions