EE Set 10 Questions with complete
solution 2025/2026
Pet - correct answer ✔Protects the owners of pets against some or all of the expenses associated with
treating an injured or sick animal e.g. vet fees.
Health - correct answer ✔Covers individuals, families or employees against medical expenses including
assessments, treatments and loss of earnings. In the UK, this can pay for private treatment or payment
plans for routine visits e.g. to the dentist.
Bank of England - correct answer ✔The UK's central bank with responsibility for maintaining a healthy
level of financial stability for the UK as a whole.
Banks - correct answer ✔An organisation that handles financial transactions and stores money on
behalf of its customers.
Building societies - correct answer ✔Organisations that handle financial transactions and store money
on behalf of their members. Members (account holders) are part-owners of the building society and
have a right to vote and receive information on the running of the society.
Credit unions - correct answer ✔Not-for-profit organisations that handle financial transactions and
store money on behalf of their members.
National Savings and Investment - correct answer ✔A government-backed organisation that offers a
secure savings option
Insurance companies - correct answer ✔Businesses that protect against the risk of loss in return for a
premium. They are profit making organisations.
solution 2025/2026
Pet - correct answer ✔Protects the owners of pets against some or all of the expenses associated with
treating an injured or sick animal e.g. vet fees.
Health - correct answer ✔Covers individuals, families or employees against medical expenses including
assessments, treatments and loss of earnings. In the UK, this can pay for private treatment or payment
plans for routine visits e.g. to the dentist.
Bank of England - correct answer ✔The UK's central bank with responsibility for maintaining a healthy
level of financial stability for the UK as a whole.
Banks - correct answer ✔An organisation that handles financial transactions and stores money on
behalf of its customers.
Building societies - correct answer ✔Organisations that handle financial transactions and store money
on behalf of their members. Members (account holders) are part-owners of the building society and
have a right to vote and receive information on the running of the society.
Credit unions - correct answer ✔Not-for-profit organisations that handle financial transactions and
store money on behalf of their members.
National Savings and Investment - correct answer ✔A government-backed organisation that offers a
secure savings option
Insurance companies - correct answer ✔Businesses that protect against the risk of loss in return for a
premium. They are profit making organisations.
