CISR Commercial Casualty II | COMPLETE AND DETAILED QUESTIONS AND ANSWERS |
60+ REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100%
VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!
1. What were the 3 Common Law Defenses?: assumption of risk; contributory
negligence; fellow servant (employee) rule
2. What state was the first to have Workers Comp laws?: Wisconsin
3. Workers Compensation is a _ _ system.: No Fault
4. Which 2 states do not have mandatory Workers Compensation?: New
Jersey & Texas
5. What are the advantages of Workers Comp for the employee?: defined
benefits; benefits regardless of negligence; some benefits that last a lifetime
6. What are the advantages of Workers Comp for the employer?: no lawsuits;
cost of insurance is predictable; tangible benefits for employees
7. What is the option most used for funding Workers Compensation
benefits?-
: purchasing a policy from an insurance company
8. Which 2 states will not allow self-insurance for Workers Comp?: North
Dakota & Wyoming
1/9
, 9. What are the 4 monopolistic states?: North Dakota; Ohio; Washington;
Wyoming
10. What is a state created and state operated workers compensation
insurance facility?: monopolistc
11. What is the declarations page of a Workers Comp policy called?:
Information Page
12. What does Item 1 on the Information Page show?: named insured, insured's
mailing address, type of organization
13. What does Item 2 on the Information Page show?: policy's effective and
expiration dates
14. What does Item 3 on the Information Page show?: locations and limits that
apply to the coverage
15. What does Item 3.A on the Information Page show?: the states in which the
WC insurance applies
16. What does Item 3.B on the Information Page show?: the limits for employers
liability insurance (not WC)
17. A _ is the most that will be paid for any one accident or loss.: limit 18. What
are the 3 limits of employers liability insurance?: bodily injury by accident
2/9
60+ REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100%
VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!
1. What were the 3 Common Law Defenses?: assumption of risk; contributory
negligence; fellow servant (employee) rule
2. What state was the first to have Workers Comp laws?: Wisconsin
3. Workers Compensation is a _ _ system.: No Fault
4. Which 2 states do not have mandatory Workers Compensation?: New
Jersey & Texas
5. What are the advantages of Workers Comp for the employee?: defined
benefits; benefits regardless of negligence; some benefits that last a lifetime
6. What are the advantages of Workers Comp for the employer?: no lawsuits;
cost of insurance is predictable; tangible benefits for employees
7. What is the option most used for funding Workers Compensation
benefits?-
: purchasing a policy from an insurance company
8. Which 2 states will not allow self-insurance for Workers Comp?: North
Dakota & Wyoming
1/9
, 9. What are the 4 monopolistic states?: North Dakota; Ohio; Washington;
Wyoming
10. What is a state created and state operated workers compensation
insurance facility?: monopolistc
11. What is the declarations page of a Workers Comp policy called?:
Information Page
12. What does Item 1 on the Information Page show?: named insured, insured's
mailing address, type of organization
13. What does Item 2 on the Information Page show?: policy's effective and
expiration dates
14. What does Item 3 on the Information Page show?: locations and limits that
apply to the coverage
15. What does Item 3.A on the Information Page show?: the states in which the
WC insurance applies
16. What does Item 3.B on the Information Page show?: the limits for employers
liability insurance (not WC)
17. A _ is the most that will be paid for any one accident or loss.: limit 18. What
are the 3 limits of employers liability insurance?: bodily injury by accident
2/9
