Question 9 (1 point) Which statement below is NOT true regarding social and private insurance? Social programs are compulsory. Health insurance and benefits for job-related accidents and illness are typically provided by either government or the private sector, or some combination of both. Most governments do not have social programs that provide such benefits as survivor and disability benefits. Social insurance is characterized by its emphasis on social equity. Question 10 (1 point) Underwriting involves which of the following elements (select all that apply)? Classification Selection Compensation Dividend rates Question 11 (1 point) When building insurance products, most companies develop their rates on best estimate actuarial assumptions. When actual experience deviates significantly from estimates companies may take remedial action such as repricing, dividend rates, etc True oo False