One Problem That Can Arise When Designing Voluntary Benefits and Services

question 137

Short Answer

One problem that can arise when designing voluntary benefits and services is the possibility of __________ with coverage already included within legally required benefits such as CPP.

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Definitions:

Personal Use

The use of a company's assets or services by an individual for their private needs, not for business purposes.

Income Ratio

A financial metric used to assess a company's ability to generate income relative to revenue, sales, assets, or equity.

Capital Balances

The amount of money or value of assets contributed by the owners or partners in a company, not including earnings or profits.

Service

An intangible product offered to customers that does not result in ownership of anything.