Question 1

After an injury,claims to workers' compensation for rehabilitative services usually have to be submitted in what time frame? (Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) 6 - 24 months 
B) 1 - 3 months 
C) 6 - 12 months 
D) 3 - 12 months

Question 2

In 2015,on average,employers spent how much annually per employee to provide short-term disability insurance? (Coverage and Costs of Disability Programs)

Accepted Answer

A) $80 
B) $125 
C) $100 
D) $140

Question 3

In the 1800s and early 1900s,the seriously injured workers left with virtually no recourse because social insurance programs were nonexistent.(Origins of Disability Insurance and Workers' Compensation Insurance)

Accepted Answer

A) True 
 B)False

Question 4

Employer-sponsored disability insurance is more encompassing than workers' compensation,because its benefits generally apply to both work-related and nonwork-related illnesses and injuries.(Disability Insurance

Accepted Answer

A) True 
 B)False

Question 5

Which of the following laws was NOT mentioned as having a major influence on company-sponsored disability insurance plans? (Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Accepted Answer

A) Fair Labor Standards Act 
B) Age Discrimination in Employment Act 
C) Employee Retirement Income Security Act 
D) Americans with Disabilities Act

Question 6

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

Accepted Answer

A) 20 
B) 15 
C) 10 
D) 25

Question 7

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

Accepted Answer

A) True 
 B)False

Question 8

Second-injury funds are a funding element of workers' compensation programs where claims are associated with two employees with similar injuries.(Financing Workers' Compensation Programs)

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

The answer of Briefly discuss the three types of life...

Question 10

Long-term disability insurance carriers define long-term disability as an inability to engage in any occupation for which the individual is qualified by reason of training,education or experience.(Long-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 11

Employer-sponsored disability insurance plans generally supplement legally required benefits established by which law? (Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Accepted Answer

A) Family Medical Leave Act 
B) Employee Retirement Income Security Act 
C) Fair Labor Standards Act 
D) Social Security Act

Question 12

Scheduled injuries involve the loss of a member of the body,including an arm,leg,finger,hand,or eye.(Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) True 
 B)False

Question 13

Pregnancy and childbirth are not considered as disabilities.(Short-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 14

State compulsory disability laws created workers' compensation programs.(State Compulsory Disability Laws (Workers' Compensation))

Accepted Answer

A) True 
 B)False

Question 15

Long-term disability plans often contain exclusion provisions.(Short-Term Disability Insurance Programs.

Accepted Answer

A) True 
 B)False

Question 16

Most group life insurance is offered on a contributory basis mainly because the employer enjoys substantially higher tax benefits than they do with noncontributory plans.(Group Term Life Insurance)

Accepted Answer

A) True 
 B)False

Question 17

Dual capacity means that a firm may fulfill a role for an employee that is completely different from its role as employer.(Employers' Rights under Workers' Compensation Programs)

Accepted Answer

A) True 
 B)False

Question 18

In 2015,what percentage of full-time and part-time employees received employer-sponsored life insurance? (Coverage and Costs of Life Insurance)

Accepted Answer

A) 38% full-time,23% part-time 
B) 70% full-time,30% part-time 
C) 69% full-time,41% part-time 
D) 72% full-time,13% part-time

Question 19

Recipients of long-term disability benefits are also eligible to file ADA claims.(Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Accepted Answer

A) True 
 B)False

Question 20

Compared to life insurance,AD&D generally does not pay survivor benefits in the case of death by illness.(Accidental Death and Dismemberment Insurance)

Accepted Answer

A) True 
 B)False

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

After an injury,claims to workers' compensation for rehabilitative services usually have to be submitted in what time frame? (Types and Amounts of Workers' Compensation Benefits)

In 2015,on average,employers spent how much annually per employee to provide short-term disability insurance? (Coverage and Costs of Disability Programs)

In the 1800s and early 1900s,the seriously injured workers left with virtually no recourse because social insurance programs were nonexistent.(Origins of Disability Insurance and Workers' Compensation Insurance)

Employer-sponsored disability insurance is more encompassing than workers' compensation,because its benefits generally apply to both work-related and nonwork-related illnesses and injuries.(Disability Insurance

Which of the following laws was NOT mentioned as having a major influence on company-sponsored disability insurance plans? (Relationships between Company-Sponsored Disability Plans and Benefits Laws)

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

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

Second-injury funds are a funding element of workers' compensation programs where claims are associated with two employees with similar injuries.(Financing Workers' Compensation Programs)

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

Long-term disability insurance carriers define long-term disability as an inability to engage in any occupation for which the individual is qualified by reason of training,education or experience.(Long-Term Disability Insurance Programs)

Employer-sponsored disability insurance plans generally supplement legally required benefits established by which law? (Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Scheduled injuries involve the loss of a member of the body,including an arm,leg,finger,hand,or eye.(Types and Amounts of Workers' Compensation Benefits)

Pregnancy and childbirth are not considered as disabilities.(Short-Term Disability Insurance Programs)

State compulsory disability laws created workers' compensation programs.(State Compulsory Disability Laws (Workers' Compensation))

Long-term disability plans often contain exclusion provisions.(Short-Term Disability Insurance Programs.

Most group life insurance is offered on a contributory basis mainly because the employer enjoys substantially higher tax benefits than they do with noncontributory plans.(Group Term Life Insurance)

Dual capacity means that a firm may fulfill a role for an employee that is completely different from its role as employer.(Employers' Rights under Workers' Compensation Programs)

In 2015,what percentage of full-time and part-time employees received employer-sponsored life insurance? (Coverage and Costs of Life Insurance)

Recipients of long-term disability benefits are also eligible to file ADA claims.(Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Compared to life insurance,AD&D generally does not pay survivor benefits in the case of death by illness.(Accidental Death and Dismemberment Insurance)