Exam 6: Employer-Sponsored Disability Insurance,life Insurance,and Workers Compensation Programs

To qualify as a group term life insurance policy,it must insure at least how many full-time employees? (Group Term Life Insurance)

When paying permanent partial disability benefits,for unscheduled injuries,this approach bases the amount on the physical or mental loss associated with the injury to a bodily function. (Disability Income)

In 2011,employers generally paid $700 annually per private sector employee for workers' compensation protection. (Cost of Workers' Compensation Insurance)

A miner who develops black lung disease is eligible for workers' compensation benefits. (Workers' Compensation Claims)

AD&D does not pay survivor benefits in the case of death by illness. (Accidental Death and Dismemberment Insurance)

Employer-sponsored disability insurance plans generally supplement legally required benefits established by which law? (The Employee Retirement Income Security Act of 1974)

Preeligibility period for short term disability insurance is similar to health plans. (Short-Term Disability Insurance Programs)

A term life insurance policy is considerably more expensive than whole life policy. (Types of Life Insurance Programs)

When an employee files a lawsuit claiming retaliatory action,the employer possesses the burden of proof. (Retaliation against Workers Who Filed Workers' Compensation Claims)

Universal life insurance has less flexibility than whole life insurance. (Types of Life Insurance Programs)

Self-inflicted wounds and drug dependency are generally considered as what in most short-term disability insurance plans? (Short-Term Disability Insurance Programs)

What are the main characteristics of long term disability insurance? (Long-Term Disability Insurance Programs)

An employee's pregnancy is covered under a company's short-term disability insurance program. (Short-Term Disability Insurance Programs)

What's it called when an employer intentionally fails to reveal the exposure of a worker to harmful substances? (An Employer's Intentional Acts)

US companies offered life insurance to what percentage full time employees in 2011? (Coverage and Costs of Life Insurance)

Most long-term disability insurance plans pay how much after a waiting period of how long? (Long-Term Disability Insurance Programs)

Briefly discuss the origins of disability insurance and workers' compensation insurance programs in the US. (Origins of Disability Insurance and Workers' Compensation Insurance)

Briefly discuss the two types of life insurance policies offered in the US. (Types of Life Insurance Programs)