National insurance commision (NAICOM)
Mention when NAICOM was established;
Explain the regulatory functions of NAICOM
Institute of loss adjusters of nigeria (ILAN)
List the function ILAN
State the membership of ILAN
Nigeria council of registerd insurance broker (NCRIB)
State the meaning of membership of NCRIB;
Identify the roles of NCRIB.
Nigerian insurer association(NIA)
Purpose;
Role;
Membership of Nigerian insurer association.
Insurance market
Define insurance market;
List;
-Insurance buyers
-insurance seller
-insurance intermediaries
-insurance supporting services.
General uses of life assurance
Explain the benefits of life assurance to the
-individual
-society
-government.
Special features of life assurance
State peculiar features of life assurance;
Explain the differences between life and non-life assurance.
Personal accident insurance
Explain what personal accident policy is;
Group personal accident insurance;
Outline the benefit provided.
Whole life assurance policy
Explain what is whole life policy;
Differentiate between whole life and endowment policy.
Endowment assurance
State the different types of endowment assurance
Term assurance
Explain what term assurance is all about;
List the policy under term assurance.
Professional indemnity
Explain the professionals that may require professional indemnity insurance.
Public liability insurance
Differentiate types of public types of insurance.
Employers liability insurance
Explain the different perils covered under liability insurance.
Business interuption insurance
Explain the meaning of business interruption insurance;
Examine the scope of the cover;
State the causes of business interruption insurance.
Engineering insurance
List the scope of Engineering insurance;
The extent of cover provided under engineering insurance.
Aviation insurance
Differentiate types of aviation insurance cover;
State international regulations of aviation insurance.
Marine insurance
Explain the various perils of the sea;
Properties covered by marine insurance.
Burglary insurance
Explain the meaning of burglary insurance
Policies provided under burglary insurance.
Credit insurance
Explain the meaning of credit insurance;
Uses of credit insurance.