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Most Americans seek to reduce the financial losses caused by sickness, accident, fire, theft, or old age through the use of a cooperative risk-sharing plan called

A worker's compensation
B Medicare
C pension funds
D trusts
E insurance

2006-06-13 10:43:51 · 22 answers · asked by shenequa w 1 in Education & Reference Homework Help

22 answers

The answer is E - insurance. The insurers have actuaries that determine the risk involved in the activity or event being insured against. The amount of risk determines the premiums paid. The greater the risk, the higher the premium charged.

See below for more information.

2006-06-13 10:50:10 · answer #1 · answered by AstroJoe888 4 · 0 0

Insurance

2006-06-13 10:47:10 · answer #2 · answered by buck11pt 2 · 0 0

E Insurance

2006-06-13 10:47:35 · answer #3 · answered by Anonymous · 0 0

A. Insurance. Worker's comp is not managed by the partial hand of an employee. It is insurance provided by the employer should an employee become injured. Medicare is mandated and run by the government. Pensions are monies and NOT plans for illness. Trusts are funds managed by a Trustee, Executrix, Executor, et al. for an individual or a group of individuals and it is monetary and/or materially provided. A Trust is not an insurance policy, either.

2006-06-13 10:49:19 · answer #4 · answered by Aria 4 · 0 0

Insurance.

2006-06-13 10:47:02 · answer #5 · answered by ninjadanielsan03 4 · 0 0

E. Insurance

2006-06-13 10:47:59 · answer #6 · answered by pjamas666 1 · 0 0

E. Insurance

2006-06-13 10:46:42 · answer #7 · answered by Zabela 4 · 0 0

E. insurance. Sure it really sucks to pay all those premiums while nothing is wrong. But people are not indistructable and when something happens it is nice to have that insurance to keep you going when things are not. We take our health and safety for granted to much in the U.S and the majority of americans are only 2 paychecks from claiming bankruptcy. So i personally keep paying for insurance.

2006-06-13 10:49:07 · answer #8 · answered by john t 1 · 0 0

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2016-12-08 20:21:25 · answer #9 · answered by Anonymous · 0 0

E. insurance

2006-06-13 10:48:38 · answer #10 · answered by plumkrazy 1 · 0 0

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