Which one of the following statements is correct?

A. In the case of SSS policies, renewal premium receipts are issued

B. In the case of SSS policies, FPRs are issued

C. Both the statements above are correct

D. Both the statements above are wrong

Answer: Option B

Solution(By Examveda Team)

In the case of SSS policies, FPRs are issued. SSS is like an insurance program mandated by the government to all income earners or workers in the Philippines.