Workers Compensation Chapter Test

Permanent total disability (PTD)

A disability caused by a work-related injury or disease that renders an injured employee unable to ever return to gainful employment.

Temporary total disability (TTD)

A disability caused by a work-related injury or disease that temporarily renders an injured worker unable to perform any job duties for a temporary amount of time.

Experience Rating Plan

A rating plan that increases or reduces the premium for a future period based on the insured's own loss experience for a period in the recent past.

An employee of a medical facility who suffers from a common cold

An example of a disease that would NOT be covered under the workers compensation statutes..

Sole representative

The First Named Insured will act on behalf of all insureds, receive any cancellation notice, and unearned premium.

Under the workers compensation system, who is responsible for the expenses resulting from work-related injuries and occupational diseases?

The employer, regardless of whether it was at fault for the injury or disease.

Rating Facotrs

The hazard of the work, the amount of payroll, and the employer's prior loss experience

Carpal tunnel syndrome

a condition that may be covered under Workers Compensation.

Second Injury Funds Program

a method by which employers manage the risks associated with the hiring of previously injured potential employees.

Workers Compensation rating is developed by applying

a rating bureau job classification rate to each $ 100 of payroll.

According to the standard workers compensation and employer liability policy form

a state should be listed in Part three - other states insurance of the workers compensation and employers liability policy when the insured expects to extend operations to that state.

Loss of Time Benefits following an injury, loss of wages benefits is paid after the injured worker has been unable to work for?

a week, but if disability last beyond 6 weeks, benefits for the first week will be paid.

Permanent Partial Disability

refers to such disabilities as the loss of a limb, hearing, or eye sight

Workers Compensation maximum amount the policy will pay for burial of a deceased employee?

up to 7,500, in addition to other benefits, for the reasonable expense if from a covered injury or occupational disease.