Workers compensation statutes apply to virtually all industrial workers and to most other kinds of private employment. However, there are a few exceptions to the requirement to have workers’ compensation coverage. Which of the following is NOT an exception? (A) Casual ...

(A) Workers Compensation is governed by a system of laws that vary from state to state. (B) A federal system that assures uniformity across the country governs workers’ compensation insurance. (C) Workers Compensation is an exclusive remedy that effectively shields ...

The owner, who also is the landlord, of an office building has Premises and Operations coverage under a Commercial General Liability (CGL) policy with a general aggregate limit of $5 million. The policy does not contain a Products and Completed ...

Chip is a volunteer worker at his church’s mid-week adult daycare facility. He accidentally spilled hot coffee on one of the elderly participants, Mary. After being treated for third-degree burns, Mary sued both the church and Chip for damages resulting ...

I. Such payments are in addition to the policy limits. II. Such payments are used to pay for court costs. III. Such payments are used to pay for prejudgment interest on amounts awarded to the plaintiff. (A) I only. (B) II ...

I. Only medical expenses for which the insured is legally liable. II. Medical expenses arising from injuries resulting from an accident occurring on the insured’s premises. III. Medical expenses from injuries arising out of the insured’s completed operations. (A) I only.

I. It can be written to cover the insured’s legal liability arising from premises and operations. II. It can be written to cover the insured’s legal liability arising from products and completed operations. III. It can be included in a ...

(A) Larger limits of insurance. (B) Smaller deductible amounts. (C) Broader covered causes of loss. (D) Higher coinsurance requirements. (E) Additional optional coverages.

(A) This option removes any uncertainty regarding compliance with the coinsurance clause. (B) Insurers typically require proof of value before providing agreed value coverage. (C) Agreed values of the property are shown on the policy’s declarations page. (D) If the ...