Question 1

By adding a partial disabilities inclusion,long-term disability carriers cover a portion of income loss associated with paid part-time employment while a disabled person works on a part-time basis in any job.(Long-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 2

Under a universal life insurance plan,policy holders can shift money between the insurance and savings components of the policy.(Universal Life Insurance)

Accepted Answer

A) True 
 B)False

Question 3

The short-term elimination period ranges from one to twelve months and the most common elimination period is three months.(Short-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 4

States rely on rating manuals to specify workers' compensation insurance rates based on businesses' payroll size.(Financing Workers' Compensation Programs)

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

The answer of Briefly discuss the origins of disability insurance...

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

What's it called when an employer intentionally fails to reveal the exposure of a worker to harmful substances? (Employers' Rights under Workers' Compensation Programs)

Accepted Answer

A) Deliberate and knowing tort 
B) Violation of an affirmative duty 
C) Deliberate and knowing affirmative duty 
D) Violation tort

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

An Administrative Services Only plan is a disability insurance funding plan that is handled through a third-party claims management company.(Funding Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 10

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.(Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) Dismemberment 
B) Loss of wage-earning capacity 
C) Wage-loss 
D) Impairment

Question 11

Scheduled and unscheduled injuries are categories used to determine benefits for which type of disability income? (Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) Permanent total disability 
B) Temporary partial disability 
C) Permanent partial disability 
D) Temporary total disability

Question 12

If an employee suffers a disability that limits the kind of work an individual can perform on an enduring basis,she would qualify for what type of disability income under workers' compensation? (Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) Permanent total disability 
B) Temporary partial disability 
C) Permanent partial disability 
D) Temporary total disability

Question 13

The wage-loss approach bases benefit amounts on approximate loss of earning from scheduled injuries.(Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

A) True 
 B)False

Question 14

Sick leave policies are separate from disability leave.(Disability Insurance)

Accepted Answer

A) True 
 B)False

Question 15

These reduce company-sponsored benefits by subtracting a particular percentage of these disability benefits from workers' compensation and Social Security disability plans.(Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Accepted Answer

A) Elimination provisions 
B) Exclusion provisions 
C) Limited integration provisions 
D) Offset provisions

Question 16

Becoming injured while using an employer's product to perform work is an instance of dual capacity and the injured employee would be eligible to file a workers' compensation claim.(Employers' Rights under Workers' Compensation Programs)

Accepted Answer

A) True 
 B)False

Question 17

Long-term disability insurance plans used to cover partial disabilities,but ceased due to high costs.(Long-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 18

In short-term disability insurance plans,the exclusion period spans from the initial date of hire to the date of eligibility for coverage.(Short-Term Disability Insurance Programs)

Accepted Answer

A) True 
 B)False

Question 19

Briefly discuss the types of disabilities recognized under workers' compensation laws.(Types and Amounts of Workers' Compensation Benefits)

Accepted Answer

The answer of Briefly discuss the types of disabilities recognized...

Question 20

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

Accepted Answer

A) Partial disability provisions 
B) Exclusion provisions 
C) Elimination provisions 
D) Preexisting condition provisions

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

By adding a partial disabilities inclusion,long-term disability carriers cover a portion of income loss associated with paid part-time employment while a disabled person works on a part-time basis in any job.(Long-Term Disability Insurance Programs)

Under a universal life insurance plan,policy holders can shift money between the insurance and savings components of the policy.(Universal Life Insurance)

The short-term elimination period ranges from one to twelve months and the most common elimination period is three months.(Short-Term Disability Insurance Programs)

States rely on rating manuals to specify workers' compensation insurance rates based on businesses' payroll size.(Financing Workers' Compensation Programs)

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

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? (Employers' Rights under Workers' Compensation Programs)

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

An Administrative Services Only plan is a disability insurance funding plan that is handled through a third-party claims management company.(Funding Disability Insurance Programs)

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.(Types and Amounts of Workers' Compensation Benefits)

Scheduled and unscheduled injuries are categories used to determine benefits for which type of disability income? (Types and Amounts of Workers' Compensation Benefits)

If an employee suffers a disability that limits the kind of work an individual can perform on an enduring basis,she would qualify for what type of disability income under workers' compensation? (Types and Amounts of Workers' Compensation Benefits)

The wage-loss approach bases benefit amounts on approximate loss of earning from scheduled injuries.(Types and Amounts of Workers' Compensation Benefits)

Sick leave policies are separate from disability leave.(Disability Insurance)

These reduce company-sponsored benefits by subtracting a particular percentage of these disability benefits from workers' compensation and Social Security disability plans.(Relationships between Company-Sponsored Disability Plans and Benefits Laws)

Becoming injured while using an employer's product to perform work is an instance of dual capacity and the injured employee would be eligible to file a workers' compensation claim.(Employers' Rights under Workers' Compensation Programs)

Long-term disability insurance plans used to cover partial disabilities,but ceased due to high costs.(Long-Term Disability Insurance Programs)

In short-term disability insurance plans,the exclusion period spans from the initial date of hire to the date of eligibility for coverage.(Short-Term Disability Insurance Programs)

Briefly discuss the types of disabilities recognized under workers' compensation laws.(Types and Amounts of Workers' Compensation Benefits)

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