Workers Comp Flashcards
What is the purpose of employees liability insurance
To protect the insured from situations that are not covered under a state workers comp law
4 benefits provided by workers comp
Medical
disability income
rehab
death
What does employers liability insurance protect from in situations that are not covered under Workmen’s Comp.
Benefits to employees for injuries arising out of employment
What are the two main parts of work comp insurance
Part one work comp
Part two employers liability
Worker’s Comp. requires employers to meet capital reserves, these requirements can be met through all of the following EXCEPT:
self insurance plans
assigned risk plans
competitive state funds
second injury fund programs
Second injury fund programs
A premium discount as a term that describes what an insured owes a total standard premium greater than
$5000
How much is Worker’s Comp. provide for a funeral benefit
3000
Worker’s Comp. can designate up to how many healthcare providers as options
Six
US Longshore in Harbor must Pass requirements for
Sit us and status test
All of the following are factors in rating workers comp insurance EXCEPT
loss experience
sales
job classification
payroll
Sales
A program developed by an employer to find its losses as an alternative to the purchase of insurance
Self insurance
Maximum length of time that an employee who is partially disabled can receive loss of time benefits
500 weeks under Pennsylvania law
An employer in a state with elected workers comp laws chooses not to be subject to those laws what do they lose
Common law defenses against liability suit’s
The subsequent injury fund was established to:
Encourage employers to hire workers who had suffered prior compensable about injuries
True or false an employee engaged in seasonal agricultural labor that works 60 days in a calendar year does not have to be covered by Workmen’s Comp.
False Since he’s working more than 30 days he needs to be covered