__________________ collect premiums on insurance policies and employee/employer contributions and provide retirement benefits and insurance against major financial losses.

Question

Quizplus · Accepted Answer

Pension funds typically collect premiums on insurance policies and employer/employee contributions and provide retirement benefits and insurance against major financial losses. Banks may offer insurance policies, but they primarily focus on taking deposits and making loans. Investment banking firms and brokerage firms are involved in buying and selling securities and providing investment advice, but they do not typically offer insurance or retirement benefits.

__________________ Collect Premiums on Insurance Policies and Employee/employer Contributions and Provide