Question 0

The major difference between insurance and assurance is that while insurance

  • A.takes care of uncertainty, assurance takes care of risks
  • B.takes care of risks , assurance takes care of uncertainty
  • C.hinges on probabilities, assurance is based on possibilities
  • D.is about indemnity, assurance is about life in the future
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
2001
Question no.
#0
Type
Objective

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