Which of the following is not a function of an insurance company?

ECONOMICS
WAEC 2013

Which of the following is not a function of an insurance company?

  • A. pooling resources together against risks
  • B. Mobilization of funds through premiums collected
  • C. Encouragement of investment by security of capital
  • D. collection of deposits from the public for investment

Correct Answer: D. collection of deposits from the public for investment



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