Social insurance does not have which of the following characteristics?
A) compulsory,
B) set level of benefits,
C) predictable losses,
D) attachment to labor force.

Question

Quizplus · Accepted Answer

Social insurance typically involves predictable losses, but this is not a characteristic that distinguishes it from other forms of insurance. Social insurance programs are designed to address predictable risks such as old age, disability, and unemployment.

Social Insurance Does Not Have Which of the Following Characteristics