Employment Practices Liability Insurance
10 Questions
| Total Attempts: 49
Are you an employer or prospective employer seeking to gather knowledge on how to cover yourself against claims that may be made by employees on matters wrongful termination and other employment related issues? Take the test below to find out!
Questions and Answers
- 1.Employment Practices Liability Insurance is written on a Claims-Made basis. This means the claim must be made against the insured and submitted...
- A.
Within the policy period
- B.
Any time so long as the claim occurred during the policy period
- C.
Within 5 years of the policy period
- D.
Within 10 years of the policy period
- 2.Defense costs are not included within the annual aggregate limit for EPLI?
- A.
True
- B.
False
- 3.When rating EPLI coverage, a full time employee is considered an employee who works more than 27.5 hours per week, while a part time employee works 27.5 hours per week or less.
- A.
True
- B.
False
- 4.Employment Practices Liability Insurance (EPLI) is only available on the BOP.
- A.
True
- B.
False
- 5.Employment Practices Liability Insurance (EPLI) is only available for new business, not renewals?
- A.
True
- B.
False
- 6.Employment Practices Liability Insurance (EPLI) protects employers from claims brought by employees for
- A.
Discrimination
- B.
Wrongful Termination
- C.
Harassment, including sexual harassment
- D.
All of the above
- 7.More than 50% of EPLI claims are filed against small businesses?
- A.
True
- B.
False
- 8.Derogatory comments made to a customer, by an employee, would be an exposure EPLI insurance would cover?
- A.
True
- B.
False
- 9.In order to add Employment Practices Liability Insurance (EPLI) to a BOP quote, you will go to which of the following tabs?
- A.
Liability
- B.
Property
- C.
Coverage
- D.
Applicant
- 10.One reason to meet with current clients or propose EPLI coverage to new clients with employees is....
- A.
Better protection from E & O exposure
- B.
Product differentiation
- C.
A client may be unaware of the need
- D.
All of the above
These General insurance exam questions and answers cover general insurance concepts. It is designed to help you evaluate your comprehension of the general insurance concepts for which you will be tested in your insurance license...
Questions: 25 | Attempts: 19478 | Last updated: Jan 19, 2022
-
Sample QuestionMedical payments under a homeowners policy are available for expenses resulting from an injury to which of the following?
This California life and health insurance exam quiz is useful for those individuals who are looking towards producing or selling life and/or health insurance in the state of California. Since you need a license to do so which...
Questions: 26 | Attempts: 19205 | Last updated: Jan 23, 2022
-
Sample QuestionIn disability insurance, the period of time between when the disability started and the commencement of benefits is the:
INS 21 -Chapter 1,2,3 QUIZ 1
Questions: 35 | Attempts: 11554 | Last updated: Jan 27, 2016
-
Sample QuestionThe Process of making and implementing decisions to handle loss exposure is known as __________
Back to top