The correct answer is: A. In the case of SSS policies, renewal premium receipts are issued.
A renewal premium receipt is a document that is issued by the Social Security System (SSS) to its members who have renewed their insurance policies. The receipt shows the amount of premium that was paid, the date of payment, and the effective date of the renewed policy.
An FPR, or Financial Position Report, is a document that is issued by the SSS to its members who have applied for a loan. The report shows the member’s current financial status, including their income, assets, and liabilities.
Therefore, the statement “In the case of SSS policies, renewal premium receipts are issued” is correct, while the statement “In the case of SSS policies, FPRs are issued” is incorrect.