Post Utme Uniport 2022 Commerce Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Uniport Commerce examination.

Post Utme Uniport 2022 Commerce Objective / Multiple Choice

Question 25 POST_UTME_UNIPORT • 2022 • COMMERCE • objective

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

Answer Options

Correct Answer A. ₦2,500,000

B. ₦3,000,000

C. ₦2,000,000

D. ₦1,500,000

Correct Answer

Correct Option:

₦2,500,000

About This Question

This is Post Utme Uniport 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Uniport Commerce examination.

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