Match the descriptions with their terms:
-A/An _________________ is the situation where a worker permanently injures a part of his/her body.
A) assigned risk plan
B) association captive
C) excess insurance
D) experience modification factor
E) float
F) industry captive
G) large deductible plan
H) liquidating damages
I) loss conversion factor
J) offshore captive
K) onshore captive
L) partial permanent injury
M) RMIS
N) single parent captive
O) standard premium
P) workers' compensation insurance
Correct Answer:
Verified
Q8: When a firm self-insures workers' compensation, management
Q9: The retrospective system of rating is designed
Q10: As interest rates increase, self-insurance for workers'
Q11: Firms with unstable work forces are candidates
Q12: Few firms that self-insure workers' compensation purchase
Q14: Match the descriptions with their terms:
-The _
Q15: Match the descriptions with their terms:
-Converted losses
Q16: Match the descriptions with their terms:
-A/An _
Q17: Match the descriptions with their terms:
-Cash _
Q18: Match the descriptions with their terms:
-Another name
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