Under the law of insurance, exemption causes?
enable the insurance to claim on the insurance company
protect the insurance company under the contract
guard against occurrence of the insured events
protect a third party under the contract
protect the insured against the insurance company
Correct answer is B
No explanation has been provided for this answer.
The worth of a life insurance policy be maturity date is known as?
principal value
surrender value
accumulated value
prepaid value
accrued value
Correct answer is B
No explanation has been provided for this answer.
Prior to the issue of a certificate on a motor insurance contract, the insured is issued with?
a licence of insurance
insurance policy certificate
a cover note
a simple receipt
an invoice
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an attribute of an effective business manager?
Empathy
Subjectivity
Altrumism
Objectivity
self awareness
Correct answer is B
No explanation has been provided for this answer.
The critical factor in organizing a business is?
money
capital
machinery
management
control
Correct answer is D
No explanation has been provided for this answer.