Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Insurance
  6. /
  7. 2016
  8. /
  9. Q23
Question 23

The process of transfering a risk already taken by an insurer to other insurers is?

  • A.assurance
  • B.re-investment
  • C.reinsurance
  • D.insurance
Objective

Question details

Exam body
WAEC
Subject
Insurance
Year
2016
Question no.
#23
Type
Objective
Previous · Q22The responsibility of the institute of loss adjuster is to? Next · Q24 In motor insurance, which of the following covers will take care of all parties…

More from this paper

  • Q19A profefessional charged with the responsibility of assessing loss in insurance
  • Q20A clause that prevents the insurer from paying under a policy if the insured…
  • Q21A component of an insurance policy document that introduces the parties to the…
  • Q25A class of insurance that covers policy holders for losses caused by fruadulent…
  • Q26Risk assumed by more than one insurance company and shared accordingly
  • Q27An insurance cover that protects experts from bearing the cost of negligence…
See all Insurance 2016 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy