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Exam (elaborations)

CISR Commercial Casualty 2 Exam Questions with Correct Answers 2025

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CISR Commercial Casualty 2 Exam Questions with Correct Answers 2025

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Uploaded on
May 23, 2025
Number of pages
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Written in
2024/2025
Type
Exam (elaborations)
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  • cisr commercial casualty 2 exam questions with cor

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CISR Commercial Casualty 2 Exam Questions
with Correct Answers 2025
T/FGWorkersGcompGlawsGareGaGno-faultGsystem?G-GCORRECTGANSWERG-
True,GitGdoesn'tGmatterGwhoGwasGatGfaultGinGaGWCGclaim



WhichGstatesGareGWCGinsuranceGnotGmandatory?G-GCORRECTGANSWERG-Texas

NewGJersey



WhatGisGaGmonopolisticGstateGfund?G-GCORRECTGANSWERG-
WhereGtheGstateGownsGandGoperatesGtheirGownGWCGinsuranceGfacility



WhatGareGtheG4GstatesGthatGareGmonopolisticGstates?G-GCORRECTGANSWERG-NorthGDakota

Ohio

Washington

Wyoming



WhatGareGEmployeeGadvantagesGofGWCGpolicy?G-GCORRECTGANSWERG-
DefinedGbenefitsGifGinjuredGonGtheGjob

BenefitsGregardlessGofGnegligence

SomeGbenefitsGlastGaGlifetime



WhatGareGEmployerGadvantagesGofGWCGpolicy?G-GCORRECTGANSWERG-
NoGlawsuitsGfromGinjuredGemployees

CostGofGinsuranceGisGpredictable

tangibleGbenefitGtoGemployees

, ThereGareG4GitemsGonGtheGInformationGPageGofGaGWCGpolicy.GWhatGdoesGeachGsectionGshow?G-
GCORRECTGANSWERG-ItemG1G-GEmployersGtypeGofGbusiness,Gname,GandGaddress



ItemG2G-GPolicyGperiod

ItemG3G-
GWCGcoverage,GELGcoverage,Gendorsements,GStatesGbusinessGisGconducted,GandGstatesGwhereGinsu


redGdoesGnotGoperate

ItemG4G-GPremiumGcalculations



What'sGisGtheGdifferenceGbetweenGItemG3AGandG3CGofGtheGinformationGpageGofGaGWCGpolicy?G-
GCORRECTGANSWERG-3AGshowsGtheGstateGtheGinsuredGhasGoperationsGin



3CGlistsGallGstatesGtheGinsuredGdoesGnotGhaveGoperationsGin



WhatGisGanGexperienceGmodifierGandGwhatGisGitsGpurpose?G-GCORRECTGANSWERG-
ItGreflectsGtheGemployersGclaimGexperience,GincludingGtheGFrequencyGandGcostGofGclaims.GIfGitGisGo
verG1,GthereGhaveGbeenGhigherGclaims,GifGitGisGlessGthanG1,GthereGhaveGbeenGfewerGclaims.GThisGisGu
sedGtoGcalculateGanGemployersGpremium



TheGWCGpolicyGhasG5GgeneralGsectionsGinGit'sGentirety.GTheseGsectionsGareGA-
E.GBrieflyGlistGwhatGeachGsectionGisGfor.G-GCORRECTGANSWERG-AG-
GExplainsGtheGpoliciesGroleGasGanGinsuranceGcontractGandGhowGitGapplies



BG-GClarifiesGwhoGisGanGinsured

CG-GDescribedGworkersGcompensationGlaw

DG-GExplainsGinGwhichGstatesGcoverageGapplies

EG-GIdentifiesGworkplaceGlocationsGwhereGcoverageGapplies



ThereGareG3GmainGpartsGweGdiscussedGaboutGaGWC/ELGpolicy.GWhatGareGthey?G-
GCORRECTGANSWERG-WCGInsurance



ELGInsurance

OtherGStatesGInsurance
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