North Dakota Crop Insurance Exam
2026 With Questions And Correct
Answers
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.
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
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
The last day to report the acreage planted. if not reported, insurance will not be
in effect - correct answer-Acreage Reporting Date ARD
2026 With Questions And Correct
Answers
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.
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
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
The last day to report the acreage planted. if not reported, insurance will not be
in effect - correct answer-Acreage Reporting Date ARD
