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WAEC Commerce 1991 (August) Question 41

Question 41

Insurance

An application form which is filled by anyone taking out an insurance policy is called

  1. A.a policy form
  2. B.a claims form
  3. C.a proposal form
  4. D.a questionnaire
  5. E.an entry form
Show the answer and explanation

Answer: C (a proposal form)

Explanation

The proposal form gives the insurer the facts about the risk.