Question: MULTIPLE CHOICE QUESTIONS - 3 POSSIBILITIES; 1,2 OR 3 GOOD ANSWERS Pension insurance scheme - what risks such insurance cover? A. Lack of funding for

MULTIPLE CHOICE QUESTIONS - 3 POSSIBILITIES; 1,2 OR 3 GOOD ANSWERS

  1. Pension insurance scheme - what risks such insurance cover?

A. Lack of funding for old age only

B. Retirement longevity only

C. Lack of funding for old age and retirement longevity

2. Which of these risks are insured?

A. Speculative risks

B. Pure risks

C. Social risks

3. Assistance insurance what is the risk?

A. The need for emergency help

B. No money for a good lawyer

C. Unemployment

4.Life Insurance - what risks can such insurance cover?

A. Death only

B. Endowment to a stipulated age only

C. Death and endowment to a stipulated age

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