Wc statute - Study guides, Class notes & Summaries

AINS 103 Actual Exam Questions and Correct Detailed Answers (Verified Answers) Graded A+ Which one of the following describes one of the coverages provided by a Workers Compensation and Employers Liability Insurance Policy (WC&EL)? Select one: A. Providing an alternative to major medical insurance as an employee benefit B. Payment of benefits as required by a state's workers compensation law C. Voluntary benefits to an injured employee D. Payment for damages to a visitor hurt at the emplo...

CPCU 557 Chap 9 Questions and Answers 2023|2024 Already Passed WC Statute - ️️ a statute that obligates employers, regardless of fault to pay specified medical, disability, rehabilitation and death benefits for their employees' job-related injures and diseases. Occupational Disease - ️️ Disease thought to be caused by work or the work environment. Temporary Partial Disability (TPD) - ️️ a disability caused by a work-related injury or disease that temporarily limits the exten...

CPCU 557 Chap 9 Questions and Answers 2023|2024 Already Passed WC Statute - ️️ a statute that obligates employers, regardless of fault to pay specified medical, disability, rehabilitation and death benefits for their employees' job-related injures and diseases. Occupational Disease - ️️ Disease thought to be caused by work or the work environment. Temporary Partial Disability (TPD) - ️️ a disability caused by a work-related injury or disease that temporarily limits the exten...

WC Statute - Answer- a statute that obligates employers, regardless of fault to pay specified medical, disability, rehabilitation and death benefits for their employees' job-related injures and diseases. Occupational Disease - Answer- Disease thought to be caused by work or the work environment. Temporary Partial Disability (TPD) - Answer- a disability caused by a work-related injury or disease that temporarily limits the extent to which a worker can perform job duties; the worker is even...

Treatment limited to max of 400 weeks unless injuries are catastrophic. What are the benefit payout requirements for WC? - ANSWERS,Workers can collect WC benefits after being out of work for more than 7 days, and the first check will arrive with 21 days of the first missed workday. The compensation is limited to 2/3 of the worker's average weekly pay up to $575. Georgia Workers Compensation Assigned Risk Plan - ANSWERS,The Georgia Workers Compensation Assigned Risk Plan exists to provid...

BPP building coverage insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences the larger of $1000 or 10% Coverage C. Limit does not apply if property is moved because the residence premise is being repaired or rebuilt. When property is moved to newly acquire...

Georgia Property and Casualty Insurance Exam Questions and Answers Latest 2024 (GRADED) BPP building coverage - correct answer insures the building at the described location, outdoor, fixtures, furnitures, items used to service the property, permanently installed machinery and equipment, and additions under construction, including the materials, supplies, and equipment. HO limits of property at other residences - correct answer the larger of $1000 or 10% Coverage C. Limit does not apply if ...

What are the three legal foundations of Professional Liability? 1. Breach of Contract - plaintiff shows the professional failed to perform the services for which he was hired 2. Tort action - plaintiff shows the professional failed to render service that met the standard expected 3. Statutes and Regulations - plaintiff shows that the professional violated a statute or regulation What are 4 types of damages recoverable under breach of contract? 1. Compensatory damages - indemnify injured par...

Laws are rules or required actions that are a. prescribed by an authority and have a binding legal force b. written by the people to control the actions of criminals c. moral decisions about how the population should live d. ethical considerations of the cultural beliefs of the population - answer-a It is important to know and understand ethics because: a. it helps us make decisions based on reason and logic rather than an emotional feeling b. it will keep a professional from getting su...

Physical damage coverage under a garage policy is a blanket limit for covered auto, an accurate statement? - ANSWER-Yes; The dealer's physical damage limit would be done on a blanket limit basis. This would apply to comprehensive and collision losses to the auto inventory of the dealer. This is done because it is simply not practical to schedule each dealer owned vehicle for physical damage. This is generally accomplished by the use of a monthly reporting form. An insured owns a motorcycle, ...