Score High in JAMB With EduPadi CBT App

Practice JAMB CBT, get instant results, and understand solutions in-depth with smart AI insights.

Learn more…

Accident, consequential loss insurance. - SS2 Commerce Past Questions and Answers - page 1

1

Accident insurance provides coverage for:

 

View related lesson
A

Unexpected injuries or accidents

 

B

Unexpected injuries or accidents

 

C

Unexpected injuries or accidents

 

Ask EduPadi AI for a detailed answer

Share this question

2

What does accident insurance help cover?

 

View related lesson
A

Financial losses due to business interruptions

 

B

Medical expenses, disability, and death resulting from accidents

 

C

Damage to property caused by accidents

 

Ask EduPadi AI for a detailed answer

Share this question

3

Consequential loss insurance is also known as _________________.

 

View related lesson
A

Property insurance

 

B

Accident insurance

 

C

Business interruption insurance

 

Ask EduPadi AI for a detailed answer

Share this question

4

What does consequential loss insurance compensate for?

 

View related lesson
A

Medical expenses resulting from accidents

 

B

Damage to property caused by accidents

 

C

Loss of income or additional expenses due to business interruptions

 

Ask EduPadi AI for a detailed answer

Share this question

5

The waiting period in consequential loss insurance refers to:

View related lesson
A

The time it takes for an accident claim to be processed

 

B

The time it takes for the business to recover and resume normal operations

 

C

The period during which the insurance coverage is not active

 

Ask EduPadi AI for a detailed answer

Share this question

6

Define accident insurance.

 

View related lesson
Ask EduPadi AI for a detailed answer

Share this question

7

What does consequential loss insurance aim to compensate for?

 

View related lesson
Ask EduPadi AI for a detailed answer

Share this question

Share this page

Learn real coding skills with Arinze Anakor — join him at zestmade.com and connect with him on X (formerly Twitter) for hands-on coding classes and practical learning.

Courses

SS1SS2SS3JAMBWAECJSS1JSS2JSS3

Featured Posts

137 Best Happy New Week Wishes, Messages & PrayersJAMB Past Questions & Answers PDF (FREE downloads, all subjects)127 Heartfelt Good Morning Love Messages for Her to Brighten Her DayThe Life Changer 130 Possible Questions And AnswersTop 10 Best Commercial Courses to Study in Nigeria for High Paying JobsSS1 Physics Scheme of Work (1st, 2nd, 3rd term)10 Reasons Doctors Are Better Than Teachers - Argumentative EssayJUPEB – Everything You Need to Know About JUPEB ProgrammeReasons Teachers Are Better Than Doctors - ArgumentativeHistory And Origin Of Cultism In Nigeria (Latest Update)
Accident, consequential loss insurance. - SS2 Commerce (Page 1) - EduPadi Classroom