States with monopolistic state workers compensation funds

A: Sell workers compensation insurance through private insurers that are in the state and receive a "kickback" for all policies sold on an annual basis

B: Do not allow private insurers to be licensed to write workers compensation coverage

C: Provide workers compensation insurance through managed risk plans

D: Require all employers in their state to purchase workers compensation insurance regardless of their financial capacity

Answer: Do not allow private insurers to be licensed to write workers compensation coverage

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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Which of the following terms best describe the coverage provided by term policies, as compared to any other form of protection?
All of the following are considered limited lines of authority EXCEPT
What is the other term for the cash payment settlement option?
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What is the purpose of establishing the target premium for a universal life policy?
A domestic insurer issuing variable contracts must establish one or more
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Which of the following best defines target premium in a universal life policy?
What does the word "level" in Level Term describe?
A beneficiary change can occur
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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called a(n)
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The voluntary relinquishment of a legal right is called
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