Multiple Choice
An advantage of a captive insurer is
A) flexible investment regulation,
B) tax deductions for premiums,
C) no need for insurance,
D) none of these.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: Match the descriptions with their terms:<br>-Cash _
Q29: A high deductible workers' compensation plan<br>A) reduces
Q30: Self-insurers must purchase<br>A) umbrella insurance,<br>B) excess umbrellas,<br>C)
Q31: Match the descriptions with their terms:<br>-A/An _
Q32: Match the descriptions with their terms:<br>-_ is
Q34: Few firms that self-insure workers' compensation purchase
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)