PSI PRACTICE TEST Quizzes & Answers!!!

Which of the following would be eligible to collect survivor and death benefits from workers' compensation in the event of the covered injury resulting in the death of an employee? - ANSWER spouse of employee Which of the following provides insurance for employers when workers not covered by workers' compensation insurance are injured on the job and sue for compensation? - ANSWER employer liability The State highway department is rebuilding a roadway and the general contractor winning the bid will be required to purchase a bond guaranteeing the work will be completed according to specifications and on time. Which of the following types of bonds will the general contractor need to purchase? - ANSWER surety bond Workers' compensation coverage is rated on the basis of which of the following? - ANSWER employer's payroll For the purpose of workers' compensation insurance all of the following are subject to the workers' compensation laws, either as an employer or employee EXCEPT - ANSWER a crew member of an ocean going vessel. Which of the following business liability exposures does a slip and fall loss fall under? - ANSWER premises and operations Liability arising out of any of the following is excluded from the personal and advertising injury liability coverage EXCEPT - ANSWER unknowingly inflicting injury that violates the rights of another. Which of the following types of crime best describe the unlawful act of taking property from the care and custody of another person while threatening to cause bodily harm? - ANSWER robbery Under the commercial general liability which one of the following is covered under supplementary payments? - ANSWER cost of bail bonds