JAMB Insurance 2014 Past Questions & Answers
Practise all 30 JAMB Insurance questions from the 2014 exam, each with a worked answer and explanation. Free CBT-format practice on web, iOS and Android.
8 questions from the 2014 JAMB Insurance paper
Try them on paper first. The correct options and worked answers are in the app.
1.The evidence of the insurance contract is
- A.proposal form
- B.policy
- C.schedule
- D.endorsement
2.A type of reinsurance where cession and acceptance is obligatory is
- A.treaty
- B.captive
- C.facultative
- D.retrocession
3.How much premium will the insurer return to the insured?
- A.N= 3,750
- B.N= 13,750
- C.N= 17,500
- D.N= 31,250
4.A prospective insured in an engineering insurance may be advised to purchase one of the following classes of insurance
- A.fire cover
- B.boiler cover
- C.tempest cover
- D.equipment cover
5.The consideration paid for insurance contract is
- A.money
- B.commission
- C.premium
- D.fee
6.In classification of risks, what is the name given to a risk where the causes of events are linked to factors that are due to the society we live in?
- A.Dynamic risk
- B.Particular risk
- C.Speculative risk
- D.Fundamental risk
7.A policy that combines cover for many perils as a single policy to suit the insurance needs of an insured is
- A.accident policy
- B.protection policy
- C.paternal policy
- D.packaged policy
8.The document that sets out the list of items covered in insurance is a
- A.manifest
- B.bill of lading
- C.policy list
- D.policy specification or form
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These are real JAMB Insurance questions from the 2014 exam, sourced from the official paper. 120 minutes · 180 questions · 4 subjects · CBT. Practising a specific year shows you the style and difficulty the examiners set that year — useful for spotting recurring topics across 2010–2025.
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JAMB Insurance 2014 — frequently asked
How many JAMB Insurance 2014 past questions are there?
ExamPadi has 30 JAMB Insurance questions from the 2014 exam, each with a worked answer and explanation.
Are the 2014 JAMB Insurance answers included?
Yes — every question has a worked answer, not just the correct option.
Can I download the JAMB Insurance 2014 questions and answers as a PDF?
You can practise every 2014 JAMB Insurance question and answer free on the ExamPadi web and mobile apps, and the mobile app saves them for offline study — a faster, always-corrected alternative to a static PDF download.
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Yes. The free tier gives 20 questions per day across any subject and year. Pro removes the cap and unlocks full timed mock exams.