NORTH DAKOTA CROP INSURANCE
EXAM QUESTIONS AND ANSWERS 100%
PASS 2026 UPDATE.
Actual Cash Value - ANS 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. - ANS Binder
Replacement Cost minus Depreciation - ANS Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - ANS Hazzard
Hazards that increase the possibility of a loss such as flammable substances - ANS Physical
Hazards
Dishonesty, Lack of Integrity - ANS Moral Hazards
Careless attitude, indifference, failure to care - ANS Morale Hazards
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, The cause of possible loss. the event insured against - ANS Peril
A loss that occurs at a specific time and place or over a period of time. such as fire or hail storm.
- ANS Occurrence
The lack of reasonable care that is required to protect other from the unreasonable chance of
harm. - ANS 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 - ANS Limits of Liability
Assignment of interest - ANS 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. - ANS Assignment of Indemnity
Final Planting Date FPD - ANS last day to plant unless insured for late planting
Last day to apply for coverage - ANS Sales Closing Date SCD
The last day to report the acreage planted. if not reported, insurance will not be in effect -
ANS Acreage Reporting Date ARD
Last day to pay the premium with out being charged interest - ANS Payment Due Date
Last day to request cancellation of policy for the next year - ANS Cancellation Date
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
EXAM QUESTIONS AND ANSWERS 100%
PASS 2026 UPDATE.
Actual Cash Value - ANS 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. - ANS Binder
Replacement Cost minus Depreciation - ANS Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - ANS Hazzard
Hazards that increase the possibility of a loss such as flammable substances - ANS Physical
Hazards
Dishonesty, Lack of Integrity - ANS Moral Hazards
Careless attitude, indifference, failure to care - ANS Morale Hazards
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, The cause of possible loss. the event insured against - ANS Peril
A loss that occurs at a specific time and place or over a period of time. such as fire or hail storm.
- ANS Occurrence
The lack of reasonable care that is required to protect other from the unreasonable chance of
harm. - ANS 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 - ANS Limits of Liability
Assignment of interest - ANS 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. - ANS Assignment of Indemnity
Final Planting Date FPD - ANS last day to plant unless insured for late planting
Last day to apply for coverage - ANS Sales Closing Date SCD
The last day to report the acreage planted. if not reported, insurance will not be in effect -
ANS Acreage Reporting Date ARD
Last day to pay the premium with out being charged interest - ANS Payment Due Date
Last day to request cancellation of policy for the next year - ANS Cancellation Date
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
