Post Utme Coal City University 2020 Commerce Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2020 Commerce Objective / Multiple Choice
Question 40 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A life insurance policy has a premium of ₦10,000 per annum. If the policyholder dies after 5 years, what is the amount of death benefit paid to the beneficiary?

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Coal City University 2020 Commerce Question 40. It is one of the objective questions from the 2020 Post Utme Coal City University Commerce examination.

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