Post Utme Ims U 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice

Question 30 POST_UTME_IMS_U • 2024 • COMMERCE • objective

An insurance company offers a policy that covers losses due to natural disasters. Which of the following is a potential risk factor that may affect the policy's premiums?

Correct Answer A. Increased frequency of natural disasters in the area

B. Higher construction costs for buildings in the area

C. Increased demand for insurance policies due to rising property values

D. Lower reinsurance costs for the insurance company

Correct Answer

Correct Option:

Increased frequency of natural disasters in the area

This is Post Utme Ims U 2024 Commerce Question 30. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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