JAMB Subject Combination for Insurance
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Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known – relatively small – loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. A mandatory out-of-pocket expense required by an insurance policy before an insurer will pay a claim is called a deductible (or if required by a health insurance policy, a copayment). The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risks, especially if the primary insurer deems the risk too large for it to carry.
The Bachelor’s Degree in Insurance is competitive. Knowing the prerequisites will enable you have seamless registration and also avoid unnecessary mistakes.
This page provides the following:
- Insurance O’Level Subjects and Requirements;
- Insurance Direct Entry Subject and Requirements;
- Insurance UTME Subjects Combination;
- And other useful information that will enable you to make the right choices so that you gain admission to study Insurance.
Please read the Insurance programme admission requirements below carefully. If you meet the required prerequisites you may proceed with your UTME/Direct Entry registration.
PLEASE NOTE: There are variations to the requirements listed below in some universities. In that case, it’s advisable you make references to the PDF version of JAMB Brochure.
List of Universities Offering Insurance and Requirements.
Insurance [1]
- AHMADU BELLO UNIVERSITY, ZARIA, KADUNA STATE – ABU
- EKITI STATE UNIVERSITY, ADO-EKITI, EKITI STATE – EKSU
- UNIVERSITY OF JOS, JOS, PLATEAU STATE – JOS
- UNIVERSITY OF LAGOS, LAGOS STATE – LAGOS
- NIGER DELTA UNIVERSITY, WILBERFORCE ISLAND, BAYELSA STATE – NDU
- REDEEMERS UNIVERSITY, OSUN STATE – REDEEMERS
Direct Entry Requirement:
- Two (2) A Level passes chosen from Economics, Accounts, Business Management, Government, Geography or Statistics.
UTME Requirement:
- Five (5) SSC credit passes including English Language, Mathematics, Economics plus any two(2) of Accounting, Business Methods, Commerce, Government, Geography and Statistics.
UTME Subject combination:
- Mathematics, Economics and one other subject.
Insurance [2]
- UNIVERSITY OF BENIN, BENIN CITY, EDO STATE – BENIN
- GREGORY UNIVERSITY, UTURU, ABIA STATE – GREGORY
- JOSEPH AYO BABALOLA UNIVERSITY, IKEJI-ARAKEJI, OSUN STATE – JABU
- UNIVERSITY OF JOS, JOS, PLATEAU STATE – JOS
- LAGOS STATE UNIVERSITY, OJO, LAGOS STATE – LASU
- UNIVERSITY OF UYO, AKWA IBOM STATE – UYO
Direct Entry Requirement:
- Two (2) A Level passes including Economics.
UTME Requirement:
- Five (5) SSC credit passes including English Language, Mathematics, Economics and two (2) other relevant subjects.
UTME Subject combination:
- Mathematics, Economics and any other Social Science subject
NOTE: Kindly make references to JAMB Brochure for remarks/waiver for Insurance. CLICK HERE TO ACCESS JAMB BROCHURE.
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