Question on: JAMB Commerce - 2019
You have just bought a new car. What Insurance policy will you take to cover it?
A
Accident Insurance
B
Fire Insurance
C
Marine Insurance
D
Fidelity Guarantee Insurance
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Correct Option: A
Accident insurance is a type of insurance where the policy holder is paid directly in the event of an accident resulting in injury of the insured. The insured can spend the benefit payment however they choose. Accident insurance is complementary to, not a replacement for, health insurance. Wikipedia
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