Multiple Choice
Match the descriptions with their terms:
-Workers' compensation laws often give _________________ for a disability such as loss of a leg or an eye.
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
Q35: Workers' compensation pays on a<br>A) tort basis,<br>B)
Q36: High interest rates encourage self-insurance.
Q37: The major advantage of a captive is<br>A)
Q38: Most workers' compensation laws are such that<br>A)
Q39: Which of the following expenses are eliminated
Q40: When a firm self-insures workers' compensation, management
Q42: Which is not part of a retrospective
Q43: Payments made to non-related insurers are tax
Q44: In 2002 the only line of insurance
Q45: Match the descriptions with their terms:<br>-A/An _