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Kazi moto insured a motor vehicle against fire with MotoMoto company by paying Kshs.300.000. later the car was destroyed at a garage and a compensation of...

Kazi moto insured a motor vehicle against fire with MotoMoto company by paying
Kshs.300.000. later the car was destroyed at a garage and a compensation of Kshs. 400,000
were paid. Using insurance terms, state what each of the following stand for ;
a) Kazi Moto
b) Fire
c) Kshs 300,000
d) Moto Moto Company

Answers


Kavungya
a – Insure
b – Risk
c – Premium
d - Insurer
Kavungya answered the question on April 3, 2019 at 09:23

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