WORKERS COMPENSATION INSURANCE
SERIES FINAL PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Which of the following are covered by the Federal Employers'
Liability Act {FELA)? Answer: Employees of interstate railroads
◉ If a worker is injured in a job related accident and the employer
has failed to provide the proper workers compensation coverage, the
worker must commence a civil action against the employer within
years. Answer: 3 years
◉ The employer has asked one on the employees to organize a
company baseball game. The purpose is to boost morale amongst
the employees. The company closes the business for one day and
everyone is expected to participate that physically can or desires to
play. The game is held off the work premises.
One of the employees suffers a permanent eye injury. In Vermont
workers compensation the claim may not be considered an injury
that has occurred during the course of employment unless: Answer:
A: The employer derived substantial benefit from the activity,
beyond that of attracting labor or improving employee health and
morale.
B: The activity was reasonably part of the employee's regular duties
or undertaken to meet the expectations of the employer.
,C: The activity was undertaken at the request of the employer.
◉ In Vermont, an employee must give an employer notice of an
injury, a recurrence or aggravation: Answer: ASAP
◉ For an agreement to be considered a contract, it must contain all
of the following, EXCEPT:
A: The contract must be carefully considered by both parties
B: One party must accept an offer that is made by the other party.
C: Both parties must be legally competent at the time of making the
agreement.
D: The parties must exchange money, services, work, products, or
other valuable consideration. Answer: The contract must be
carefully considered by both parties
◉ Which one of the following statements about workers
compensation is correct?
A: Workers compensation is identical in all states
B: Every state provides extraterritorial coverage.
C: Workers compensation pays for incurred pain and suffering.
D: Workers compensation is an exclusive remedy. Answer: Workers
compensation is an exclusive remedy.
, ◉ What are used to add, delete, or change any of the policy parts?
Answer: Endorsements
◉ An insurance binder is best described as Answer: A temporary,
short-term evidence of coverage.
◉ The Vermont Insurance Commissioner may suspend, revoke, or
refuse to continue or renew any license for which of the following
reasons? Answer: I. The licensee has had his or her license
suspended or revoked in any other state
II. The licensee has knowingly accepted insurance business from a
person who is not properly licensed
Ill. The licensee has failed to comply with a court order imposing a
child support obligation
IV. The licensee has failed to pay state income tax
◉ An employer may deduct what portion of the premium for
workers compensation coverage from employees' wages? Answer:
Employers may not deduct any portion of the cost from employees.
◉ If a large employer has a current workers compensation policy
with an experience modification factor above 1.00, which of the
following is the most accurate statement?
A: The employer has recently modified its products and services
SERIES FINAL PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Which of the following are covered by the Federal Employers'
Liability Act {FELA)? Answer: Employees of interstate railroads
◉ If a worker is injured in a job related accident and the employer
has failed to provide the proper workers compensation coverage, the
worker must commence a civil action against the employer within
years. Answer: 3 years
◉ The employer has asked one on the employees to organize a
company baseball game. The purpose is to boost morale amongst
the employees. The company closes the business for one day and
everyone is expected to participate that physically can or desires to
play. The game is held off the work premises.
One of the employees suffers a permanent eye injury. In Vermont
workers compensation the claim may not be considered an injury
that has occurred during the course of employment unless: Answer:
A: The employer derived substantial benefit from the activity,
beyond that of attracting labor or improving employee health and
morale.
B: The activity was reasonably part of the employee's regular duties
or undertaken to meet the expectations of the employer.
,C: The activity was undertaken at the request of the employer.
◉ In Vermont, an employee must give an employer notice of an
injury, a recurrence or aggravation: Answer: ASAP
◉ For an agreement to be considered a contract, it must contain all
of the following, EXCEPT:
A: The contract must be carefully considered by both parties
B: One party must accept an offer that is made by the other party.
C: Both parties must be legally competent at the time of making the
agreement.
D: The parties must exchange money, services, work, products, or
other valuable consideration. Answer: The contract must be
carefully considered by both parties
◉ Which one of the following statements about workers
compensation is correct?
A: Workers compensation is identical in all states
B: Every state provides extraterritorial coverage.
C: Workers compensation pays for incurred pain and suffering.
D: Workers compensation is an exclusive remedy. Answer: Workers
compensation is an exclusive remedy.
, ◉ What are used to add, delete, or change any of the policy parts?
Answer: Endorsements
◉ An insurance binder is best described as Answer: A temporary,
short-term evidence of coverage.
◉ The Vermont Insurance Commissioner may suspend, revoke, or
refuse to continue or renew any license for which of the following
reasons? Answer: I. The licensee has had his or her license
suspended or revoked in any other state
II. The licensee has knowingly accepted insurance business from a
person who is not properly licensed
Ill. The licensee has failed to comply with a court order imposing a
child support obligation
IV. The licensee has failed to pay state income tax
◉ An employer may deduct what portion of the premium for
workers compensation coverage from employees' wages? Answer:
Employers may not deduct any portion of the cost from employees.
◉ If a large employer has a current workers compensation policy
with an experience modification factor above 1.00, which of the
following is the most accurate statement?
A: The employer has recently modified its products and services
