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Which of the Following Statements About Workers Compensation Insurance Is

question 9

Multiple Choice

Which of the following statements about workers compensation insurance is (are) true?
I.Under the workers compensation part of the policy,the insurer agrees to pay the benefits required by the workers compensation law of any state listed in the policy declarations.
II.The employers liability part of the policy provides workers compensation benefits when employees are working in states other than those listed in the policy declarations.


Definitions:

Federal Law

legislation enacted by the national government of a country, which has supremacy over state and local laws where they conflict.

Federal Overtime Pay Requirements

Regulations established by the Federal Government dictating the conditions under which employees are entitled to receive overtime pay, typically based on exceeding a certain number of hours worked per week.

Waiver

An intentional, knowing relinquishment of a legal right.

Reduction

The action of making something smaller in size, amount, number, or extent.

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