Multiple Choice
Match the descriptions with their terms:
-_________________ covers the loss of income and medical costs resulting from work-related accidents.
A) assigned risk plan
B) association captive
C) excess insurance
D) experience modification factor
E) float
F) industry captive
G) large deductible plan
H) liquidating damages
I) loss conversion factor
J) offshore captive
K) onshore captive
L) partial permanent injury
M) RMIS
N) single parent captive
O) standard premium
P) workers' compensation insurance
Correct Answer:

Verified
Correct Answer:
Verified
Q11: When three-year expected losses are greater than
Q12: Match the descriptions with their terms:<br>-Converted losses
Q13: The retrospective system of rating is designed
Q14: Match the descriptions with their terms:<br>-Even when
Q15: The workers' compensation policy insures<br>A) workers' compensation,<br>B)
Q17: Which of the following is not a
Q18: A factor that favors purchasing workers' compensation
Q19: The IRS is more likely to allows
Q20: Match the descriptions with their terms:<br>-A/An _
Q21: Match the descriptions with their terms:<br>-A/An _