Explain five emerging issues in insurance industry.
Answer Text: -Education policy:due to increasing cost especially in secondary and tertiary institutions, it has necessitated the need for school fee policy-Key-man’s insurance policy:is a policy taken out by an organization to cover an employee deemedcrucial to the organization to cover continued profitability-Funeral and benevolent fund:assists members or their families cater for funeral costs over death.-Medical insurance:it enables the insured to claim not more than the cost of treatment
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