The major difference between insurance and assurance is that while insurance
Question
The major difference between insurance and assurance is that while insuranceOptions
A)
takes care of uncertainty, assurance takes care of risks
B)
takes care of risks , assurance takes care of uncertainty
C)
hinges on probabilities, assurance is based on possibilities
D)
is about indemnity, assurance is about life in the future
The correct answer is C.
More Past Questions:
Discussion
Other Subjects
- English Language
- Biology
- Government
- Mathematics
- Physics
- Economics
- Chemistry
- Christian Religious Knowledge
- Geography
- Literature In English
- Accounts
- Agricultural Science
- General Paper
- History
- Islamic Religious Knowledge
- Further Mathematics
- Current Affairs
- Computer Studies
- Civic Education
- Math
- Reading
- Writing and Language
- Home Economics
- French
- Igbo
- Hausa
- Yoruba
- Fine Arts
- Basic Accounting