Life Insurance – NBC Institute

BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

Question

An insurer cannot carry on life insurance business if its share capital is less than ____________.

Answer

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Tags: Insurance, Life Insurance, Share Capital
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

Question

In life insurance, no insurer can carry on the business of life insurance except it has and maintains a paid-up share capital of _____________________.

Answer

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Tags: Capital requirement, Insurance Law, Life Insurance, Short Answer
Level: Level 1

Topic: Agency Law
Series: NOV 2013

BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

Question

In which of the following types of insurance contract is subrogation not applicable, under insurance law?
A. Fidelity insurance
B. Life insurance
C. Motor vehicle insurance
D. Carbotage insurance
E. Fire insurance

Answer

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Tags: Insurance, Life Insurance, Subrogation
Level: Level 1

Topic: The Nigerian Legal System
Series: NOV 2019

BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

Question

An insurer cannot carry on life insurance business if its share capital is less than ____________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Insurance, Life Insurance, Share Capital
Level: Level 1

Topic: Agency Law
Series: MAY 2014

BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

Question

In life insurance, no insurer can carry on the business of life insurance except it has and maintains a paid-up share capital of _____________________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Capital requirement, Insurance Law, Life Insurance, Short Answer
Level: Level 1

Topic: Agency Law
Series: NOV 2013

BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Insurance, Life Insurance, Subrogation
Level: Level 1

Topic: The Nigerian Legal System
Series: NOV 2019

Question Tag: Life Insurance

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BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

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Question Tag: Life Insurance

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BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

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BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

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BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

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BL – May 2014 – L1 – SA – Q10 – Agency Law

Identifying the minimum share capital requirement for life insurance business.

You're reporting an error for "BL – May 2014 – L1 – SA – Q10 – Agency Law"

BL – Nov 2013 – L1 – SA – Q10 – Agency Law

Identifies the minimum paid-up share capital required for life insurance business in Nigeria.

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BL – Nov 2019 – L1 – SA – Q16 – The Nigerian Legal System

Identifies the type of insurance contract where subrogation is not applicable.

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