Page 1 of 16
NORTH DAKOTA CROP INSURANCE EXAM NEWEST
2026 ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) ALL
ANSWERED {90 Q & A} ALREADY GRADED A+ |
BRAND NEW! | 100% GUARANTEED PASS
The National Crop Insurance Services (NCIS) - ✔✔✔ Correct Answer >
- Is an international non profit organization representing the
interest of private crop insurance companies.
- NCIS assists the crop insurance industry in meeting the
regulatory requirements of the individual states
- The increasingly important role of NCIS is the process of policy
review, standardization, and education. Policies and procedures
are written by the Risk Management Agency (RMA) and carefully
reviewed by NCIS and its member companies.
Actual Cash Value - ✔✔✔ Correct Answer > The cost to replace an item
of property at the time of loss, less an allowance for
depreciation.
Is a temporary insurance contract that provides proof of
coverage until permanent police is in place.
,Page 2 of 16
In the crop-hail field, the application serves as a binder. When
properly completed, dated, signed and accompanied by the
premium or a promissory note, the application serves as a
binder. - ✔✔✔ Correct Answer > Binder
Replacement Cost minus Depreciation - ✔✔✔ Correct Answer > Actual
Cash Value (ACV)
A condition that creates or increases the probability of a loss -
✔✔✔ Correct Answer > Hazzard
Hazards that increase the possibility of a loss such as flammable
substances - ✔✔✔ Correct Answer > Physical Hazards
Dishonesty, Lack of Integrity - ✔✔✔ Correct Answer > Moral Hazards
Careless attitude, indifference, failure to care - ✔✔✔ Correct Answer >
Morale Hazards
The cause of possible loss. the event insured against - ✔✔✔ Correct
Answer > Peril
A loss that occurs at a specific time and place or over a period of
time. such as fire or hail storm. - ✔✔✔ Correct Answer > Occurrence
, Page 3 of 16
The lack of reasonable care that is required to protect other from
the unreasonable chance of harm. - ✔✔✔ Correct Answer > Negligence
The maximum amount of money the insurance company will pay
for a particular loss, or for losses sustained during a period of
time. Also called limit of coverage, limit of insurance and policy
limit - ✔✔✔ Correct Answer > Limits of Liability
Assignment of interest - ✔✔✔ Correct Answer > You may not assign
your interest in this policy without our written consent
you may assign to another party your right to an indemnity for
the crop year only on our form and with our approval. the
assignee with have the right to submit the loss notices and forms
required by the policy. - ✔✔✔ Correct Answer > Assignment of
Indemnity
Final Planting Date FPD - ✔✔✔ Correct Answer > last day to plant
unless insured for late planting
Last day to apply for coverage - ✔✔✔ Correct Answer > Sales Closing
Date SCD
NORTH DAKOTA CROP INSURANCE EXAM NEWEST
2026 ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) ALL
ANSWERED {90 Q & A} ALREADY GRADED A+ |
BRAND NEW! | 100% GUARANTEED PASS
The National Crop Insurance Services (NCIS) - ✔✔✔ Correct Answer >
- Is an international non profit organization representing the
interest of private crop insurance companies.
- NCIS assists the crop insurance industry in meeting the
regulatory requirements of the individual states
- The increasingly important role of NCIS is the process of policy
review, standardization, and education. Policies and procedures
are written by the Risk Management Agency (RMA) and carefully
reviewed by NCIS and its member companies.
Actual Cash Value - ✔✔✔ Correct Answer > The cost to replace an item
of property at the time of loss, less an allowance for
depreciation.
Is a temporary insurance contract that provides proof of
coverage until permanent police is in place.
,Page 2 of 16
In the crop-hail field, the application serves as a binder. When
properly completed, dated, signed and accompanied by the
premium or a promissory note, the application serves as a
binder. - ✔✔✔ Correct Answer > Binder
Replacement Cost minus Depreciation - ✔✔✔ Correct Answer > Actual
Cash Value (ACV)
A condition that creates or increases the probability of a loss -
✔✔✔ Correct Answer > Hazzard
Hazards that increase the possibility of a loss such as flammable
substances - ✔✔✔ Correct Answer > Physical Hazards
Dishonesty, Lack of Integrity - ✔✔✔ Correct Answer > Moral Hazards
Careless attitude, indifference, failure to care - ✔✔✔ Correct Answer >
Morale Hazards
The cause of possible loss. the event insured against - ✔✔✔ Correct
Answer > Peril
A loss that occurs at a specific time and place or over a period of
time. such as fire or hail storm. - ✔✔✔ Correct Answer > Occurrence
, Page 3 of 16
The lack of reasonable care that is required to protect other from
the unreasonable chance of harm. - ✔✔✔ Correct Answer > Negligence
The maximum amount of money the insurance company will pay
for a particular loss, or for losses sustained during a period of
time. Also called limit of coverage, limit of insurance and policy
limit - ✔✔✔ Correct Answer > Limits of Liability
Assignment of interest - ✔✔✔ Correct Answer > You may not assign
your interest in this policy without our written consent
you may assign to another party your right to an indemnity for
the crop year only on our form and with our approval. the
assignee with have the right to submit the loss notices and forms
required by the policy. - ✔✔✔ Correct Answer > Assignment of
Indemnity
Final Planting Date FPD - ✔✔✔ Correct Answer > last day to plant
unless insured for late planting
Last day to apply for coverage - ✔✔✔ Correct Answer > Sales Closing
Date SCD
