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WAEC Commerce 1998 Question 94

Question 94

Insurance

Which of the following is legally used by the insured while the policy is being processed?

  1. A.Cover note
  2. B.Proposal form
  3. C.Indemnity form
  4. D.Premium
  5. E.Claim form
Show the answer and explanation

Answer: A (Cover note)

Explanation

A cover note gives temporary cover until the policy is issued.