"An Agreement to Pay a Premium to a Company in Return

question 87

Multiple Choice

"An agreement to pay a premium to a company in return for a guarantee of financial benefits in the event of an undesired circumstance" defines

• A)Social insurance
• B)Private insurance
• C)Private investment
• D)Asset management
• E)Retirement savings

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Definitions:

Audiometer

An instrument used to assess hearing acuity by generating tones of specific frequencies and intensities.

ENT

Abbreviation for Ear, Nose, and Throat, a medical specialty focusing on disorders of these regions.

Decibel

A unit of measurement for the intensity of sound, denoting relative loudness.

Pus

A dense, green or yellow liquid found in diseased tissue, made up of deceased white blood cells, bacteria, and tissue remains.