Which of the Following Pools Would Be the BEST Subject

question 50

Multiple Choice

Which of the following pools would be the BEST subject for a fully-funded self-insurance arrangement?

• A)Employment practices liability coverage for a petroleum refinery located in Texas
• B)Automobile physical damage coverage for a national rental car chain, with 100 locations and approximately 3,000 automobiles of similar value at each location
• C)Medical malpractice liability coverage for all doctors and nurses employed by a group of 3 hospitals in Florida
• D)$50,000 of life insurance on every employee of a life insurance company located in New York, with no physical exam required to obtain insurance.

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Definitions:

Hypotheses

Proposed explanations or predictions, based on limited evidence, that serve as a starting point for further investigation.

Conclusions

Summarizing statements at the end of a study or analysis, drawing together findings and discussing the implications.

Psychological Assessment

Psychological assessment involves the use of tests, interviews, and observations to evaluate an individual's cognitive, emotional, personality, and behavioral functioning.

Assessment Instruments

Devices or tools used to evaluate, measure, or ascertain the presence, absence, or degree of various psychological, educational, or physical conditions.