3-39 the Expected Loss Potential Is More Difficult to Determine

question 77

True/False

3-39 The expected loss potential is more difficult to determine with low-severity,high-frequency events.

---

Definitions:

Counselling and Referral Services

Support services offered by employers to assist employees with personal or work-related issues, often involving professional guidance and external resource recommendations.

Seminars and Workshops

Educational and training sessions focused on specific topics or skills, often involving interactive and practical activities to enhance learning.

Salary Continuance Programs

Benefits programs that provide employees with a certain percentage of their salary during periods they are unable to work due to disability or illness.

Survivor Benefits

Financial benefits that are paid to the dependents or beneficiaries of a deceased individual, often as part of a pension or insurance plan.