Cover note

Itemize the features of cover notes
State the functions and uses of cover notes.
Proposal forms

Explain what is proposal form:
List features of proposal forms:
State the functions of proposal forms.
Contribution

Define the meaning of contribution.
State how contribution may arise
List the application of contribution.
Indemnity

Define the concept indemnity
State Options available to insurers in executing indemnity.
Proximate cause

Define proximate cause.
Explain the effects of proximate cause on claims.
Utmost good faith

Explain the meaning of utmost good faith
State the insured duty of disclosure.
State the insurer duty of disclosure.
List the effects of a breach.
Insurable interest

Explain the meaning of insurance interest.
State the legal requirements of insurable interest.
List how insurable interest arises in a person, other persons, liability and property.
Benefits of insurance

Explain the benefits accruing to the insured
State why insurance is beneficial
Reasons why Insurance would be encouraged.
Functions & Benefits of insurance

List primary and secondary functions of insurance. Explain the benefits accruing to the insured
State why insurance is beneficial
Reasons why Insurance would be encouraged.
Insurable and uninsurable risk

Distinguish between insurable risks and uninsurable risks;
List types of uninsurable risks;
State insurable risks.
Hazards

Explain the physical hazards etc.
List the relationship between risk and peril;
Distinguish between risk and hazard.
Risks

State the meaning of risk
List the classification of risks.
Historical development of insurance

Explain the pre and post-independence insurance market in Nigeria
Meaning of insurance

Define Insurance;
State Insurance as a pooling of risk;
State the Insurance risk transfer;
Explain Insurance as a Risk reduction mechanism.
‘Ozioma’. Uche bu Ahia- Ikeokwu, E.S na Onyejekwe, M.C

‘Ozioma’. Uche bu Ahia- Ikeokwu, E.S na Onyejekwe, M.C – Ntule Abu
Edemede Nka

ikowaputa edemede nka na udi ya.
ikwu uru edemede nka bara
ikwuputa njirimara edemede nka
ide edemede nka.
Atumatuokwu / Asusu Nka

ikowaputa atumatuokwu na inye omumaatu ha.
Ichoputa atumatuokwu n’agumagu ederede.
itinye ha na mkpuruokwu N’ime ederede.
Ikowaputa asusu nka na inye omumaatu,
Ichoputa asusu nka n’agumagu ederede.
Agumagu Ederede

igu akwukwo agumagu a hoputara,
Ikowaputa ma nyochaa ihe ha guru.
Ichikota na nkenke ihe ha guru,
Agumagu Odinala

ikwughari ihe bu agumagu odinala, nkenudi na uru ya.
igu agumagu . odinala di iche . iche
inyocha na itule ndina na njirimra agumagu odinala.
Echiche Na Echimechi Odinala II

ikwu ihe ha mere banyere:
– ihe bu echimechi odinala.
– udi di iche iche e nwere
ikwu njirimara onye chiri echichi dika: nze, ozo, obi, igwe, iyom, dg.
ikwu uru na oghom diiri onye chiri echichi.
ikwu mgbanwe batarala n’echichi na n’echimechi ufodu.