Multiple Choice
The major advantage of a captive is
A) lower loss control expenses,
B) lower administrative costs,
C) tax deduction for premiums paid,
D) direct access to reinsurance markets.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Match the descriptions with their terms:<br>-_ is
Q33: An advantage of a captive insurer is<br>A)
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.
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
Q41: Match the descriptions with their terms:<br>-Workers' compensation
Q42: Which is not part of a retrospective