Quiz 4 and 5 take home quiz 032511 (1)

Quiz 4 and 5 take home quiz 032511 (1) - Quiz 4 & 5...

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06F:102: SCA EACH QUESTION IS WORTH FOUR POINTS Name______________________________________ 1. In order to receive full social security retirement benefits when eligible for retirement a worker must be a. Currently insured. b. Fully insured. c. Both fully and currently insured. d. Fully insured with 20 out of the last 40 quarters in covered employment. 2. Which of the following is a true statement regarding state worker’s compensation laws? a. Determining negligence between the employee and employer is not a factor in providing worker’s compensation benefits to the employee. b. All employers’ in every state is required to provide worker’s compensation benefits to their employees. c. The injured employee or in the case of a deceased employee the employee’s family is required to demonstrate employer negligence in order to be eligible to receive worker’s compensation benefits. . d. all of the above. 3. Sammy is injured on the job and has a broken leg and an eye injury. Sammy is off work for twelve weeks. Sammy has surgery on his broken leg and minor surgery on his eye. The doctor indicates that Sammy will have full recovery of his eye and Sammy will be able to return to full work but will have some permanent injury to the leg. What benefits will worker’s compensation most likely pay for Sammy’s injuries? a. Medical expenses , liability expenses and rehabilitation benefits b. Wage replacement, medical expenses and permanent partial injury benefits. c. Legal expenses, survival benefits to his spouse, and rehabilitation. d. all of the above. 4. Which of the following statement is correct in regards to whole life insurance? a. Benefits are calculated based upon the term of the policy. b.
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This note was uploaded on 04/01/2012 for the course 06F 102 taught by Professor Donnal.pearcy during the Spring '11 term at University of Iowa.

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Quiz 4 and 5 take home quiz 032511 (1) - Quiz 4 & 5...

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