Payment made to the insured by the insurer outside its legal obligation is?
COMMERCE
JAMB 2006
Payment made to the insured by the insurer outside its legal obligation is?
- A. premium paid
- B. ex gratia payment
- C. surrender value
- D. sum assured
Correct Answer: B. ex gratia payment
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *