High insurance deductible usually means workers comp will, Operation Management

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High insurance deductible usually means workers comp will

1. High insurance deductible usually means:

A. lower premiums

B. Higher premiums

C. No difference in premium

D. you are willing to take on more risk

2. Worker's comp will still pay a claim if the worker was intoxicated at the time of the accident.

A. True

B. False

3. On a depreciating asset most likely the insurance premium would be higher for

A. A replacement cost policy

B. A value based policy

C. This make no difference

D. High deductible policy

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