No-fault liability or no-fault insurance means: A. If the employee admits it is the fault of...

No-fault liability or no-fault insurance means:

A. If the employee admits it is the fault of the employee for falling down at work, they receive a larger benefit from worker's compensation.

B. None are correct.

C. If an employer admit it is not the fault of the employer, they receive reduced rates.

D. There are larger legal fees because no one admits they were wrong.

Solutions

Expert Solution

"B"

None of the above statements are correct because no fault insurance means those insurance claims that will pay no matter whose fault it was, for example in a car accident, it doesn't matter if the person was at fault at not, if he is involved in a car accident he will get paid.

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Define and discuss what no-fault insurance is.

Which of the following is not an example of property and liability insurance? a. Liability to...

Which of the following is not an example of property and liability insurance? a. Liability to others b. Umbrella insurance c. Homeowner’s insurance d. All of the above are examples of property and liability insurance e. None of the above is an example of property and liability insurance

What is aircraft liability insurance

Liability policies, such as personal liability, professional malpractice, or business liability insurance, do NOT protect the...

Liability policies, such as personal liability, professional malpractice, or business liability insurance, do NOT protect the insured against a. a personal injury on the insured's property, such as the mail carrier who slips and falls on the owner's sidewalk. b. someone injured by the insured away from home or business. c. claims for property damaged by the insured. d. intentional harm caused by the insured.

Employee Fringe Benefits Julie lost a hand in a car accident (on her own fault) that...

Employee Fringe Benefits Julie lost a hand in a car accident (on her own fault) that caused her to miss work for 6 months. The car accident was unrelated to her work. The accident and health insurance policy was purchased (carried) by Julie’s employer. The premiums paid by Julie’s employer were $2,000. Julie received $6,000 on an income replacement policy purchased by Julie’s employer. Finally, Julie collected $30,000, a payment for loss of a hand, according to the insurance policy....

SUBJECTIVE QUESTIONS What is liability without fault, please elaborate the concept with example and also furnish...

SUBJECTIVE QUESTIONS What is liability without fault, please elaborate the concept with example and also furnish one case law. Looking for a type-in answer class of business law

How does no-fault insurance impact drivers? Answer with details and explanation.

When a program is means-tested, it means thatIt is a social insurance program.It is...

When a program is means-tested, it means thatIt is a social insurance program.It is an in-kind program.To be eligible, the recipient must be poor.The target efficiency is high.

Ben lives in a state that has a no-fault auto insurance law. Another motorist failed to...

Ben lives in a state that has a no-fault auto insurance law. Another motorist failed to yield the right of way, and hit his car. Ben filed a claim with his own insurer. He also contacted a lawyer to discuss suing the other driver. The lawyer told Ben that while lawsuits resulting from auto accidents are permitted in the state, Ben’s injuries were not severe enough to provide legal standing for a lawsuit. What type of no-fault law is in...

how the legal liability regime and personal auto liability insurance may change with the introduction of...

how the legal liability regime and personal auto liability insurance may change with the introduction of fully autonomous vehicles to our environment. If you are hit by a fully autonomous vehicle with no occupant driving, who is liable for any injuries or property damage? Do you sue the vehicle owner, vehicle manufacturer or do we go to some form of no fault liability regime?

Subjects