The major determinant of fire insurance premium is the

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JAMB 2021

The major determinant of fire insurance premium is the

  • A. usefulness of the property to the owner
  • B. type and structure of the property to be insured
  • C. owner of the property to be insured
  • D. extent of fire damage anticipated

Correct Answer: B. type and structure of the property to be insured



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