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Author Question: Which of the following statements regarding private insurance and government insurance is (are) ... (Read 62 times)

ts19998

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  • Posts: 531
on: Jul 11, 2018
Which of the following statements regarding private insurance and government insurance is (are) true?
 
  I. Private insurance programs include life and health insurance and property and liability insurance.
  II. Social insurance programs are government insurance programs that are voluntary and financed entirely by contributions from covered employers.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

All of the following are benefits to society that result from insurance EXCEPT
 
  A) less worry and fear.
  B) elimination of moral hazard.
  C) indemnification for loss.
  D) loss prevention.


Gabe

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: B


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