Post Utme Delsu 2025 Commerce Question 40
Practice objective / multiple choice question 40 from the 2025 Post Utme Delsu Commerce examination.
A company is considering two different insurance policies for its employees. Policy A has a premium of ₦15,000 per employee per year, while Policy B has a premium of ₦7,500 per employee per year, but requires a deductible of ₦30,000 per claim. If the company has 100 employees and expects to file 5 claims per year, what is the total cost of insurance for the company, assuming both policies have the same annual fixed costs?
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About This Question
This is Post Utme Delsu 2025 Commerce Question 40. It is one of the objective questions from the 2025 Post Utme Delsu Commerce examination.
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