The major determinant of fire insurance premium is the?
COMMERCE
JAMB 2007
The major determinant of fire insurance premium is the?
- A. type and structure of the property to be insured
- B. usefulness of the property to the owner
- C. owner of the property to be insured
- D. extent of fire damage anticipated
Correct Answer: A. type and structure of the property to be insured
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