Ch 9 WI Casualty Insurance Law
correctly answered to pass
What is the purpose of Workers Compensation?
A. To ensure workplace safety
B. To provide medical benefits to injured employees regardless of fault
C. To protect the Division of insurance
D. To encourage employer related lawsuits - correct answer ✔✔B. To provide medical benefits to injured
employees regardless of fault
In addition to notifying the named insured, when an insurance company has certified a motor vehicle
liability policy, the insurer cannot cancel or terminate the insurance until how many days after filing a
notice of cancellation with the Secretary of State?
A. At least 30 days
B. At least 5 days
C. At least 20 days
D. At least 10 days - correct answer ✔✔D. At least 10 days
An automobile liability insurance policy that is purchased to satisfy the requirements of the Wisconsin
Financial Responsibility Law must contain all of the following coverages, EXCEPT
A. Liability insurance for bodily injury.
B. Liability insurance for property damage.
C. Medical payments.
D. Uninsured motorist coverage. - correct answer ✔✔C. Medical payments.
The Wisconsin Automobile Insurance Plan (WAIP) is available to which of the following?
A. Any Wisconsin resident
B. Anyone with a perfect driving record
, C. Anyone with a car registered in Wisconsin who is unable to procure insurance through the voluntary
marketplace
D. Any licensed driver over age 21 - correct answer ✔✔C. Anyone with a car registered in Wisconsin who
is unable to procure insurance through the voluntary marketplace
All of the following regarding Workers Compensation are correct EXCEPT
A. Employers are protected from tort liability action by employees as a result of an employee's injury
B. Injured employees receive Workers Compensation benefits in addition to filing litigation against their
employers.
C. Employees are paid benefits for work related injuries regardless of fault or negligence
D. Workers Compensation provides a quick and certain means of compensation for injuries - correct
answer ✔✔B. Injured employees receive Workers Compensation benefits in addition to filing litigation
against their employers.
Every auto liability policy issued in Wisconsin must extend coverage to any person using the insured
motor vehicle to the same extent and in the same manner as to the policyholder, so long as
A. The other person is not in violation of any Wisconsin traffic regulations.
B. The other person has a valid Wisconsin driver's license.
C. The vehicle was purchased in Wisconsin.
D. The vehicle is used for the purposes described in the policy. - correct answer ✔✔D. The vehicle is used
for the purposes described in the policy.
All auto liability insurance policies issued in Wisconsin must contain a provision to provide Uninsured
Motorist coverage in an amount of at least
A. $25,000 per person and $50,000 per accident
B. $5,000 per person and $10,000 per accident.
C. Uninsured Motorist coverage is not required in Wisconsin.
D. The limit provided for bodily injury liability in Part A of the policy. - correct answer ✔✔A. $25,000 per
person and $50,000 per accident
Who must be a member of the Wisconsin Compensation Rating and Inspection Bureau?
A. Every insurer in the state that writes Workers Compensation or Employers Liability insurance
correctly answered to pass
What is the purpose of Workers Compensation?
A. To ensure workplace safety
B. To provide medical benefits to injured employees regardless of fault
C. To protect the Division of insurance
D. To encourage employer related lawsuits - correct answer ✔✔B. To provide medical benefits to injured
employees regardless of fault
In addition to notifying the named insured, when an insurance company has certified a motor vehicle
liability policy, the insurer cannot cancel or terminate the insurance until how many days after filing a
notice of cancellation with the Secretary of State?
A. At least 30 days
B. At least 5 days
C. At least 20 days
D. At least 10 days - correct answer ✔✔D. At least 10 days
An automobile liability insurance policy that is purchased to satisfy the requirements of the Wisconsin
Financial Responsibility Law must contain all of the following coverages, EXCEPT
A. Liability insurance for bodily injury.
B. Liability insurance for property damage.
C. Medical payments.
D. Uninsured motorist coverage. - correct answer ✔✔C. Medical payments.
The Wisconsin Automobile Insurance Plan (WAIP) is available to which of the following?
A. Any Wisconsin resident
B. Anyone with a perfect driving record
, C. Anyone with a car registered in Wisconsin who is unable to procure insurance through the voluntary
marketplace
D. Any licensed driver over age 21 - correct answer ✔✔C. Anyone with a car registered in Wisconsin who
is unable to procure insurance through the voluntary marketplace
All of the following regarding Workers Compensation are correct EXCEPT
A. Employers are protected from tort liability action by employees as a result of an employee's injury
B. Injured employees receive Workers Compensation benefits in addition to filing litigation against their
employers.
C. Employees are paid benefits for work related injuries regardless of fault or negligence
D. Workers Compensation provides a quick and certain means of compensation for injuries - correct
answer ✔✔B. Injured employees receive Workers Compensation benefits in addition to filing litigation
against their employers.
Every auto liability policy issued in Wisconsin must extend coverage to any person using the insured
motor vehicle to the same extent and in the same manner as to the policyholder, so long as
A. The other person is not in violation of any Wisconsin traffic regulations.
B. The other person has a valid Wisconsin driver's license.
C. The vehicle was purchased in Wisconsin.
D. The vehicle is used for the purposes described in the policy. - correct answer ✔✔D. The vehicle is used
for the purposes described in the policy.
All auto liability insurance policies issued in Wisconsin must contain a provision to provide Uninsured
Motorist coverage in an amount of at least
A. $25,000 per person and $50,000 per accident
B. $5,000 per person and $10,000 per accident.
C. Uninsured Motorist coverage is not required in Wisconsin.
D. The limit provided for bodily injury liability in Part A of the policy. - correct answer ✔✔A. $25,000 per
person and $50,000 per accident
Who must be a member of the Wisconsin Compensation Rating and Inspection Bureau?
A. Every insurer in the state that writes Workers Compensation or Employers Liability insurance
