Post Utme Ui 2021 Commerce Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Ui Commerce examination.

Post Utme Ui 2021 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UI • 2021 • COMMERCE • objective

An insurance policy may include a provision for the payment of a lump sum in the event of a claim. What is the primary purpose of this provision?

Answer Options

Correct Answer A. To provide immediate financial assistance
B. To cover unexpected medical expenses
C. To compensate for lost income
D. To pay for funeral expenses
Correct Answer
A
Correct Option:
To provide immediate financial assistance

About This Question

This is Post Utme Ui 2021 Commerce Question 39. It is one of the objective questions from the 2021 Post Utme Ui Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support