Terms in this set (24)
if only a portion of a field is affected by hail, coverage can be provided
for that specific area, even if the rest of the field is unaffected
Acre by Acre Coverage
means grouped together, sum total or total amount of something
Aggregate
if parties can't agree on loss both parties must mutually agree to select
Appraisal (if there's a dispute on the an appraiser within 10 days (company & insured) & select a
appraisal) disinterested third party (umpire)
application/renewal or cancellation deadline is June 15th, automatically
pulls acres from MPCI policy - continuous policy until cancelled
Auto Hail
may cancel all or part of the insurance provided by the company, at any
time during the first 89 days insurance is in force
Cancellation by Company
if cancelled before insurance period the premium will be refunded, if
cancelled during insurance period there will be no refund
Cancellation by Insured
if only a portion of a field is affected by hail, coverage can be provided
for that specific area, even if the rest of the field is unaffected
Acre by Acre Coverage
means grouped together, sum total or total amount of something
Aggregate
if parties can't agree on loss both parties must mutually agree to select
Appraisal (if there's a dispute on the an appraiser within 10 days (company & insured) & select a
appraisal) disinterested third party (umpire)
application/renewal or cancellation deadline is June 15th, automatically
pulls acres from MPCI policy - continuous policy until cancelled
Auto Hail
may cancel all or part of the insurance provided by the company, at any
time during the first 89 days insurance is in force
Cancellation by Company
if cancelled before insurance period the premium will be refunded, if
cancelled during insurance period there will be no refund
Cancellation by Insured
