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NORTH DAKOTA CROP INSURANCE EXAM WITH
CORRECT ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2025 ALREADY
GRADED A+
Actual Cash Value - (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.
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. - (ANSWER)Binder
Replacement Cost minus Depreciation - (ANSWER)Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - (ANSWER)Hazzard
Hazards that increase the possibility of a loss such as flammable substances -
(ANSWER)Physical Hazards
Dishonesty, Lack of Integrity - (ANSWER)Moral Hazards
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Careless attitude, indifference, failure to care - (ANSWER)Morale Hazards
The cause of possible loss. the event insured against - (ANSWER)Peril
A loss that occurs at a specific time and place or over a period of time. such as fire
or hail storm. - (ANSWER)Occurrence
The lack of reasonable care that is required to protect other from the
unreasonable chance of harm. - (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 - (ANSWER)Limits of Liability
Assignment of interest - (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. - (ANSWER)Assignment of
Indemnity
Final Planting Date FPD - (ANSWER)last day to plant unless insured for late
planting
NORTH DAKOTA CROP INSURANCE EXAM WITH
CORRECT ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2025 ALREADY
GRADED A+
Actual Cash Value - (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.
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. - (ANSWER)Binder
Replacement Cost minus Depreciation - (ANSWER)Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - (ANSWER)Hazzard
Hazards that increase the possibility of a loss such as flammable substances -
(ANSWER)Physical Hazards
Dishonesty, Lack of Integrity - (ANSWER)Moral Hazards
, 2|Page
Careless attitude, indifference, failure to care - (ANSWER)Morale Hazards
The cause of possible loss. the event insured against - (ANSWER)Peril
A loss that occurs at a specific time and place or over a period of time. such as fire
or hail storm. - (ANSWER)Occurrence
The lack of reasonable care that is required to protect other from the
unreasonable chance of harm. - (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 - (ANSWER)Limits of Liability
Assignment of interest - (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. - (ANSWER)Assignment of
Indemnity
Final Planting Date FPD - (ANSWER)last day to plant unless insured for late
planting
