Post Utme Skyline University 2019 Commerce Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2019 Commerce Objective / Multiple Choice
Question 9 POST_UTME_SKYLINE_UNIVERSITY • 2019 • COMMERCE • objective

A life insurance policy has a premium of ₦10,000 per annum and a sum assured of ₦500,000. If the policyholder dies after 5 years, what is the benefit paid to the beneficiary?

Answer Options

A. ₦250,000
B. ₦300,000
C. ₦350,000
Correct Answer D. ₦400,000
Correct Answer
D
Correct Option:
₦400,000

About This Question

This is Post Utme Skyline University 2019 Commerce Question 9. It is one of the objective questions from the 2019 Post Utme Skyline University Commerce examination.

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