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Vermont Adjuster's Examination for Workers
Compensation Insurance Series 14-34 Latest
Update 2024 – 2025 Actual Exam Questions with
Correct Verified Answers/ Rated A+
If you are the sole proprietor or partner of a business in Vermont, which of the following
applies as regards workers compensation coverage?
A: Coverage is required
B: Coverage can be elected
C: A modified plan can be purchased.
D: They must provide only health insurance on themselves. - ANSWER - Coverage can
be elected
Every employer liable to pay workers compensation benefits must keep a record of all
injuries and must report such an injury causing an absence of one day or more, or
necessitating medical attendance, to the commissioner in writing within: - ANSWER - 72
hours
The insured maintains a business where workers compensation coverage can be
written by private insurance companies. If he has employees going to a state that is
monopolistic for this coverage, what must he do to cover his employees for workers
compensation coverage? - ANSWER - Purchase coverage for the employees from the
state
The workers compensation definition of the "minimum average weekly" wage? -
ANSWER - 50% of the average compensation, rounded to the next dollar
In every state some classes of employment are exempt from workers compensation
laws. Benefits for exempt employees: - ANSWER - May be voluntarily provided by the
employer
, 2
All states' workers compensation laws provide which benefits in the case of worker
injury? - ANSWER - Medical expenses without limits
Disability/loss of wages
An insurance carrier who does not intend to renew a policy of workers compensation
insurance covering the liability of an employer in Vermont must notify the commissioner
and the employer at least how long prior to the expiration of such policy? - ANSWER -
45 days
Which of the following statements about workers compensation laws is correct?
A: The scope of coverage is identical in all states
B: Every state provides "extraterritorial" coverage for residents working in another state
C: Limited benefits are provided for non-economic damages such as pain and suffering
D: The benefits provided under the law are typically the exclusive remedy for injured
employees - ANSWER - D: The benefits provided under the law are typically the
exclusive remedy for injured employees
An employer who fails to provide workers compensation insurance shall be assessed a
penalty of how much per day for every day that the employer neglected to insure
workers compensation liability prior to receiving notice from the commissioner, but not to
exceed how much? - ANSWER - $50 / $5,000
When do benefits under Vermont's workers compensation law begin for a temporary
partial disability? - ANSWER - Benefits begin after the third day
If a worker, covered under workers compensation coverage in Vermont, sustains a work
related fatality, what will the death and survivor benefit be for the employee's surviving
spouse and two or more children? - ANSWER - 76 2/3% of the employee's average
weekly income
**Spouse and 1 dependent is 71 2/3%
Spouse and 0 dependent is 66 2/3%
, 3
Which of the following is NOT used to determine wages?
A: The total household income
B: Bonuses
C: Paid vacation
D: Average of last 12 weeks of wages - ANSWER - A: The total household income
Who is covered under the Federal Employees Compensation Act? - ANSWER - Federal
employees exempt under state workers compensation laws.
A full time firefighter is injured in Vermont. When will the injuries be considered
compensable? - ANSWER - 72 hours
A contractor applying for workers compensation insurance has traditionally worked in
only one state, but is now bidding for work in several surrounding states. What
provisions of the standard policy addresses this contractor's loss exposures that might
develop during the policy period in these new states? - ANSWER - Other States
Insurance
Which of the following best exemplifies the fundamental tradeoff in workers
compensation laws? - ANSWER - Employees are provided no-fault benefits for most
work-related injuries in exchange for the loss of the right to sue the employer for
damages.
Under workers compensation insurance, the insurance company is considered to have
notice of an accident when: - ANSWER - The employer has notice.
A(n) is a statement that is considered to be guaranteed - ANSWER - Warranty
In Vermont, the employer/insurer has_ from receiving notice or knowledge of an injury
within which to determine whether workers compensation benefits are payable. -
ANSWER - 21 days
Vermont Adjuster's Examination for Workers
Compensation Insurance Series 14-34 Latest
Update 2024 – 2025 Actual Exam Questions with
Correct Verified Answers/ Rated A+
If you are the sole proprietor or partner of a business in Vermont, which of the following
applies as regards workers compensation coverage?
A: Coverage is required
B: Coverage can be elected
C: A modified plan can be purchased.
D: They must provide only health insurance on themselves. - ANSWER - Coverage can
be elected
Every employer liable to pay workers compensation benefits must keep a record of all
injuries and must report such an injury causing an absence of one day or more, or
necessitating medical attendance, to the commissioner in writing within: - ANSWER - 72
hours
The insured maintains a business where workers compensation coverage can be
written by private insurance companies. If he has employees going to a state that is
monopolistic for this coverage, what must he do to cover his employees for workers
compensation coverage? - ANSWER - Purchase coverage for the employees from the
state
The workers compensation definition of the "minimum average weekly" wage? -
ANSWER - 50% of the average compensation, rounded to the next dollar
In every state some classes of employment are exempt from workers compensation
laws. Benefits for exempt employees: - ANSWER - May be voluntarily provided by the
employer
, 2
All states' workers compensation laws provide which benefits in the case of worker
injury? - ANSWER - Medical expenses without limits
Disability/loss of wages
An insurance carrier who does not intend to renew a policy of workers compensation
insurance covering the liability of an employer in Vermont must notify the commissioner
and the employer at least how long prior to the expiration of such policy? - ANSWER -
45 days
Which of the following statements about workers compensation laws is correct?
A: The scope of coverage is identical in all states
B: Every state provides "extraterritorial" coverage for residents working in another state
C: Limited benefits are provided for non-economic damages such as pain and suffering
D: The benefits provided under the law are typically the exclusive remedy for injured
employees - ANSWER - D: The benefits provided under the law are typically the
exclusive remedy for injured employees
An employer who fails to provide workers compensation insurance shall be assessed a
penalty of how much per day for every day that the employer neglected to insure
workers compensation liability prior to receiving notice from the commissioner, but not to
exceed how much? - ANSWER - $50 / $5,000
When do benefits under Vermont's workers compensation law begin for a temporary
partial disability? - ANSWER - Benefits begin after the third day
If a worker, covered under workers compensation coverage in Vermont, sustains a work
related fatality, what will the death and survivor benefit be for the employee's surviving
spouse and two or more children? - ANSWER - 76 2/3% of the employee's average
weekly income
**Spouse and 1 dependent is 71 2/3%
Spouse and 0 dependent is 66 2/3%
, 3
Which of the following is NOT used to determine wages?
A: The total household income
B: Bonuses
C: Paid vacation
D: Average of last 12 weeks of wages - ANSWER - A: The total household income
Who is covered under the Federal Employees Compensation Act? - ANSWER - Federal
employees exempt under state workers compensation laws.
A full time firefighter is injured in Vermont. When will the injuries be considered
compensable? - ANSWER - 72 hours
A contractor applying for workers compensation insurance has traditionally worked in
only one state, but is now bidding for work in several surrounding states. What
provisions of the standard policy addresses this contractor's loss exposures that might
develop during the policy period in these new states? - ANSWER - Other States
Insurance
Which of the following best exemplifies the fundamental tradeoff in workers
compensation laws? - ANSWER - Employees are provided no-fault benefits for most
work-related injuries in exchange for the loss of the right to sue the employer for
damages.
Under workers compensation insurance, the insurance company is considered to have
notice of an accident when: - ANSWER - The employer has notice.
A(n) is a statement that is considered to be guaranteed - ANSWER - Warranty
In Vermont, the employer/insurer has_ from receiving notice or knowledge of an injury
within which to determine whether workers compensation benefits are payable. -
ANSWER - 21 days
