Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. ABC Corporation is insured under a standard unendorsed workers compensation policy for only the state of Kentucky. Three months before the present policy began,

image text in transcribed
image text in transcribed
7. ABC Corporation is insured under a standard unendorsed workers compensation policy for only the state of Kentucky. Three months before the present policy began, ABC opened a new sales office in Indiana a due to business volume growing in that state. ABC failed to report the new location and new state at policy inception. The manager of the Indiana sales office fell and was injured and missed work for three weeks after the inception of the ABC workers compensation policy. The manager made claim for Indiana benefits. Which one of the following is true regarding ABC's coverage for Indiana benefits? A. Coverage for this claim would not be covered by ABC's insurance. B. Coverage would be provided for Kentucky benefits to the manager under ABC's insurance. C. Coverage would be extended under the All States coverage on the policy. D. Coverage would be extended under the extraterritorial provision of the state law

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tourism Concepts And Practices

Authors: John R Walker, Josielyn T Walker

1st Edition

0138142459, 9780138142452

More Books

Students also viewed these General Management questions

Question

What is the function of a cash budget? A capital budget?

Answered: 1 week ago