Vidyalelo
Commerce · Q812

Insurance

Graduate and Post Graduate · Commerce · question 812

Q812

Which is not a pension related contingency?

A.
Health
Answer
B.
Longevity
C.
Inflation
D.
Investment risk

Answer: Option A

Solution

Answer: Option A
Solution:
Health is not a pension related contingency. Contingent benefits are the benefits payable if a scheme member dies during employment (or self-employment) to which a pension arrangement relates. The definition includes lump sum benefits and pensions payable to dependants.