California Insurance License Exam Practice Test Practice Question
Social Security provides protection against the financial consequences of all of the following EXCEPT
Correct Answer: A
Rationale: Social Security offers vital financial protection against several life events. It provides benefits for premature death (B) through survivor's benefits, ensuring dependents are supported. Disability (C) is also covered, providing income for those unable to work due to health issues. Retirement (D) benefits are a core function of Social Security, helping individuals maintain financial stability in their later years. However, poor investments (A) are not covered by Social Security, as it primarily addresses life events rather than investment-related losses.
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