Utme 2025 Commerce Question 23

Practice objective / multiple choice question 23 from the 2025 Utme Commerce examination. This question covers Insurance .

Utme 2025 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Insurance
Question 23 UTME • 2025 • COMMERCE • objective

A payment made to the insured by the insurer outside its legal obligation is

Answer Options

A. premium paid
Correct Answer B. gratis payment
C. surrender value
D. sum assured
Correct Answer
B
Correct Option:
gratis payment

About This Question

This is Utme 2025 Commerce Question 23. It is one of the objective questions from the 2025 Utme Commerce examination.

The question covers Insurance .

Difficulty level: 2 .

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