Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

How do I practice JAMB past questions on Examkits?

You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

Does Examkits work offline?

Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

COMMERCE

JAMB 2001 - Question 25

Commerce 2001 JAMB Past Questions - Question 25: Pooling of risk in insurance means that

Choose the most appropriate option for the gap .

Pooling of risk in insurance means that

A: compensation are paid out of a common fund

B: two people can pool their risks to be insured

C: two insurance companies can buy two policies

D: insurance companies should encourage taking risks

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COMMERCE

Commerce 2001 JAMB Past Questions - Question 25: Pooling of risk in insurance means that

Examkit's JAMB CBT App

Correct Answer

Explanation