COMPOSITION AND STRUCTURE OF BLOOD
Structure of the blood The blood is a tissue in a fluid form. An adult man has about 5-6 litres of blood. Blood is made up of two major components: the blood cells or corpuscles which are solid. the plasma…
CREDIT, BURGLARY AND MARINE INSURANCE
CREDIT INSURANCE Credit is a system of buying and selling without immediate payment being made. It is a system whereby the buyer receives goods or accepts services in return for his promise that payment will be made on or before…
COAL
Coal, comprising mainly carbon of vegetative origin, is one of the oldest forms of power. It provided the basis for the Industrial Revolution. Its importance as both fuel and raw material was greatly enhanced with the invention of the steam…
INTRODUCTION TO MINING AND POWER
Minerals are natural, chemical substances which make up the rocks of the earth’s crust. They have certain physical and chemical properties that differentiate them from one another. There are well over 2 000 known minerals scattered very unevenly throughout the…
CARE OF THE EYES, NOSE AND EAR
Care of the eyes Use good light when reading or doing any fine work such as sewing. Poor light strains the eyes. Do not rub the eye when you have something in it. Do not wash your eyes with disinfectant…
CARE OF THE HAIR
The different parts of the human body are very important for healthy life. These parts require good care and grooming so that they can function properly. You need to understand how to take care of each of these parts in…
MONEY AND FIDELITY GUARANTEE INSURANCE
MONEY INSURANCE The term ‘money’ here means cash, bank and currency notes, cheques, postal and money orders, e.t.c all belonging to the insured or any principal or employee of the insured while deposited with the insured. This policy cover pays…
FIRE AND THEFT INSURANCE
FIRE INSURANCE Fire insurance is an essential class of insurance to aid the growth of stability of manufacturing industry and other businesses in Nigeria. Since the effect of a single fire incident can create a multi-dimensional effect, there is need…
PRESENTATION PACKAGE
Presentation software or presentation package is an effective multimedia tool as it combines text, sound, images and video on one or more slides. Presentation packages are used to create presentations, quizzes, information points and many more multimedia products. Most presentation…
WORD PROCESSING
Word processing is the use of computer to create,edit, and print documents. Of all computer applications, word processing is the most common. To perform word processing, you need a computer, a special program called a word processor, and a printer.…
MOTOR INSURANCE AND ECOWAS BROWN CARD SCHEME
NATURE OF MOTOR INSURANCE In the early days, there was nothing like vehicle but people still moved from one point to another.The technological development which introduced the use of motor vehicle also brought about some risks involved in its use.…
INSURANCE CLAIM
The contract of insurance is the kind of contract whereby the insurer promises the insured to provide indemnification in return of premium in the event of loss. The insurer pays the insured some amount of money in form of a…
INTRODUCTION TO GRAPHIC PACKAGES
Graphic packages are those programs that allow artiste and computer users to use computers to create, edit, display and print graphic images. A graphics package is an application that can be used to create and manipulate images on a computer.…
NATURE AND STRUCTURE OF INSURANCE DOCUMENT
The various types of documents used in insurance business are: The Proposal form. The cover notes. The insurance certificate. Policy document. THE PROPOSAL FORM This is a questionnaire designed by the insurer to the proposer to complete in compliance…
INTRODUCTION TO MICROSOFT ACCESS
Microsoft Access is a Relational Database Management System (RDBMS), designed primarily for home or small business usage. Access is known as a desktop database system because it is functions are intended to be run from a single computer. This is…
CRUD AND ACID
CRUD In computer programming, CRUD is an acronym for create, read, update and delete which are the four basic functions of persistent storage. It is also sometimes used to describe user interface conventions that facilitate viewing, searching, and changing information;…
STRUCTURED QUERY LANGUAGE
Structured Query Language (SQL) is a special-purpose programming language designed for managing data in relational database management systems (RDBMS).Originally based upon relational algebra and tuple relational calculus, its scope includes data insert, query, update and delete, schema creation and modification,…
CONTRIBUTION
This is another corollary of the principle of indemnity. It ensures the payment of exact financial compensation to the insured by discouraging the insured from obtaining compensation from more than one source. It is applicable in a situation involving more…
INDEMNITY
The principle of indemnity regulates the financial compensation to be made to the insured by the insurer following the loss experienced by the insured. This principle exposes what amount would an insured be entitled to in the event of claim.…
FORMS OF DATABASE ORGANIZATION
There are four structural types of database management systems: hierarchical, network, relational, and object-oriented. 1) Hierarchical Database: A hierarchical database model is a data model in which the data is organized into a tree-like structure. The structure allows representing information…
DATABASE MANAGEMENT PACKAGES
A database management package or database management system (DBMS) is a software package used to set up, or structure, a database. It is also used to retrieve information from a database. The top part of the figure is a menu.…
INTRODUCTION TO DATABASE
A database is a set of data that has a regular structure and that is organized in such a way that a computer can easily find the desired information. Data is a collection of distinct pieces of information, particularly information…
INSURANCE ASSOCIATIONS IN NIGERIA
Insurance industry in Nigeria cannot exist in isolation. It has to exist within the framework of the economy, and there is need for regulation of the practice of insurance in any economy. The objective of insurance associations in Nigeria is…
COMPUTER CABLES AND CONNECTORS
A power cable is an assembly of two or more electrical conductors, usually held together with an overall sheath. The assembly is used for transmission of electrical power. Printer cable refers to the cable that carries data between a computer…
INSURANCE MARKET
The market is a place of business interaction between producers, sellers and consumers for the exchange of goods and services. It takes the form of shop , office, street market, etc. Insurance market refers to the facilities that are available…
INSURANCE RENEWAL
The continuous existence of an insurance policy is subject to renewal, depending upon the duration of the policy. In most types of policies, the insurance is expressly stipulated to be for a period that does not normally exceed one year.…
WIRELESS NETWORK OBJECTIVE QUESTIONS
1) DSL is an example of a(n) _ a) connection. b) network. c) wireless. d) broadband. 2) Which of the following is not a disadvantage of a wireless LAN? a) Slower data transmission. b)…
COMPUTER SECURITY AND ETHICS OBJECTIVE QUESTIONS
1) All of the following are examples of real security and privacy risks EXCEPT: a) Hacker. b) Spam. c) Viruses. d) Identity theft. 2) Technology no longer protected by copyright, available to everyone, is considered…
NETWORK CONNECTORS
In information science, connectors, normally called “input-output connectors” (or I/O for short), are interfaces for linking devices by using cables. They generally have a male end with pins protruding from it. This plug is meant to be inserted into a…
PROXIMATE CAUSE
There is need to state what are covered under a contract of insurance so that in the event of loss or damage, the insurer will know where he is liable and the insured will also know where he is entitled…
UTMOST GOOD FAITH
The general rule guiding most commercial contracts is the principle of caveat emptor (let the buyer beware) .Under this principle, the parties involved in the contract are expected to provide information on the state of the subject matter of the…
INSURABLE INTEREST
Insurable interest exists when an insured person derives a financial benefit or other kinds of benefit from the continuous existence of the insured object. A person has insurable interest in something when loss of or damage to that thing would…
HIGH LEVEL LANGUAGES OBJECTIVE QUESTIONS
1) The steps and tasks needed to process data such as responses to questions or clicking an icon are called: a) instruction. b) the operating system. c) application software. d) the system unit. 2) C,…
BASIC PROGRAMMING 3 OBJECTIVE QUESTIONS
1) How many return statements are allowed in a Function Procedure? a) 1. b) 3. c) 2. d) There is no limit. 2) Which method will return the number of elements in an array? a)…
NETWORK CABLES
INTRODUCTION Cable is the medium through which information usually moves from one network device to another. Networking cables are used to connect one network device to other network devices or to connect two or more computers to share printer, scanner…
FUNCTIONS OF INSURANCE
INTRODUCTION Risk cannot be eliminated completely. Rather it can only be minimized through provision of financial compensation to the insured that suffers the loss. This can either be individual or business organisation. For example, a man can take up educational…
INSURABLE AND UNINSURABLE RISKS
MEANING OF INSURABLE RISK Insurable risks are those risks accepted for an amount by an insurance company followed with a promise to make financial compensation available to those that experience the losses. This type of risk is the one in…
WORLD WIDE WEB OBJECTIVE QUESTIONS
1) The difference between people with access to computers and the internet and those without this access is known as the: a) digital divide. b) internet divide. c) web divide. d) broadband divide. 2) A…
NETWORKING OBJECTIVE QUESTIONS
1) With respect to a network interface card, the term 10/100 refers to _ a) protocol speed. b) a fiber speed. c) megabits per seconds. d) minimum and maximum server speed. 2) Frames from one…
ELECTRONIC MAIL
INTRODUCTION Electronic mail also known, as e-mail is a means of a computer based communication in which an electronic letter is sent to one or more recipients. It involves basically an e-mail address that identifies the receiver and making it…
THE CONCEPT OF RISK
DEFINITION OF RISK There is no universally accepted definition of risk. It could be defined from any side or angle one is looking at it. Risk has been variously defined by different scholars. Some of these definitions are: Risk is…
HISTORICAL DEVELOPMENT OF INSURANCE
The origin of modern insurance dates back to the practice of merchants in Italy as early as the 12th century. By the 14th century, marine insurance which is the oldest form of insurance had become established in Italy. By the…
ELEMENTS AND ESSENTIAL FEATURES OF AN INSURANCE CONTRACT
ELEMENTS OF AN INSURANCE CONTRACT A contract of insurance requires the presence of the following: Offer. Acceptance. Intention to create legal obligation. Legality of the object. Capacity to contract. 1) Offer: An offer comes from the insured. It is…
DEFINITION OF INSURANCE
Insurance can be seen as a wiseman arrangement of transferring a future loss to someone else by the way of paying a peanut now. It can also be defined as the agreement whereby one party promises to pay (indemnify) another…
INTRODUCTION TO INSURANCE
Individuals and business enterprises are exposed to risks on daily basis as they carry out their daily activities. These risks, as they happen, bring about unfortunate consequences into one’s life. For example, in the recent times, we have heard of…
HAZARD
Hazard can be defined as any occurrence that can either cause or increase the likelihood of a loss. It is referred to as the definite appearance with features that can influence the severity of loss. TYPES OF HAZARD A)…
INSURANCE PREMIUM
MEANING OF UNDERWRITING This is the process by which insurers assess the proposed risk presented for insurance protections towards the acceptance of the risk or its rejection if it does not meet certain conditions. It is also to determine what…
SUBROGATION
INTRODUCTION The principle of subrogation plays an important role in the operation of insurance contract. It has been said earlier in this book that essence of insurance is to put the insured back to the position he was before a…
CPU OBJECTIVE QUESTIONS
1) The motherboard is the _ a) circuit board that houses peripheral devices. b) same as the CPU chip. c) the first chip that is accessed when the computer is turned on. d) circuit board that contains…
INTERNET OBJECTIVE QUESTIONS
1) If you want to connect to your own computer through the Internet from another location, you can use: a) e-mail. b) FTP. c) instant message. d) Telnet. 2) An e-mail address typically consists of…
Study Guide
