Post Utme Esut 2019 Commerce Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Esut Commerce examination.

Post Utme Esut 2019 Commerce Objective / Multiple Choice
Question 39 POST_UTME_ESUT • 2019 • COMMERCE • objective

A policyholder purchases a life insurance policy with a sum assured of ₦1,000,000. The policyholder dies after 5 years. The policy pays out the sum assured. Which of the following is a requirement for the policy to pay out?

Answer Options

Correct Answer A. The policyholder must have paid all premiums
B. The policyholder must have been alive for the entire policy term
C. The policyholder must have provided proof of death
D. The policyholder must have been a citizen of Nigeria
Correct Answer
A
Correct Option:
The policyholder must have paid all premiums

About This Question

This is Post Utme Esut 2019 Commerce Question 39. It is one of the objective questions from the 2019 Post Utme Esut Commerce examination.

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