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WAEC Commerce 1993 Question 47

Question 47

Insurance

A person who wants to undertake an insurance policy usually completes

  1. A.a proposal form
  2. B.a promotion form
  3. C.an application form
  4. D.an agreement form
  5. E.a subscription form
Show the answer and explanation

Answer: A (a proposal form)

Explanation

A proposal form gives the insurer the facts about the risk to be insured.