An example of a social insurance program is:
A) expenditure on national defense.
B) guaranteed income payments to the disabled.
C) free public transport to low-income Canadians.
D) purchasing a new city police car.

Question

Quizplus · Accepted Answer

Social insurance programs are typically designed to provide benefits to specific groups of people who are seen as vulnerable or in need of assistance. Guaranteed income payments to the disabled would fall under this category, as they are designed to provide financial support to individuals who may not be able to work or support themselves due to a disability. Option A refers to defense spending, which is not considered a social insurance program. Option C refers to a subsidy or social service program, rather than a social insurance program. Option D refers to a government expenditure, but it is not related to social insurance.

An Example of a Social Insurance Program Is