The insurance cover a businessman who buys goods from lagos and wants to transport it to kano would require is

Assessment: WAEC SSCE - Insurance - 2017 (Objective) Subject: Insurance

Question 1 Report

The insurance cover a businessman who buys goods from lagos and wants to transport it to kano would require is

Answer Details
The insurance cover that a businessman who buys goods from Lagos and wants to transport it to Kano would require is "goods in transit insurance". Goods in transit insurance is a type of insurance policy that protects the goods while they are being transported from one location to another. It covers the goods against damage or loss due to accidents, theft, or any other unforeseen circumstances that may occur during transportation. Therefore, in this case, the businessman needs to purchase a goods in transit insurance policy to cover his goods while they are being transported from Lagos to Kano. This policy will provide financial protection to the businessman in case of any damages or losses during transportation.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning