Crop Insurance Quiz Complete Study Guide
2026/2027 Certification Exam Edition | Full
Practice Questions and Accurate Solutions
(Already Passed A+
• The principle of insurance that provides that when a loss occurs, the
insured should be restored to the approximate financial condition
occupied before the loss occurred, no better and no worse -✓✓Indemnity
• Since an insurance contract is a personal contract, the policy covers the
insurable interest of the -✓✓Insured
• When a fire occurs at a specific time or place, it is known as -✓✓An
occurence
• All of the following are direct losses EXCEPT -✓✓Wind
• The cause of possible loss or the event insured against is known as -
✓✓A peril
• The uncertainty or chance of loss is known as -✓✓A risk
• The insured transfers to the insurance company the right to collect
damages from another party under the principle of -✓✓Subrogation
• The government agency created to administer FCIC programs is the -
✓✓RMA
• The Federal Crop Insurance Act of 1980 authorized -✓✓A subsidy for
premiums
• A Crop-Hail policy covers -✓✓Fire
, • The perils covered under the standard crop-hail policy do NOT include
-✓✓Rain
• In order to purchase crop-hail insurance, a person must have -✓✓An
insurable interest in the growing crop
• Which of the following may NOT be an insured under a crop-hail
policy -✓✓Bank or lending institution
• Crop-hail rates are NOT published on a -✓✓National Basis
• The crop-hail application must designate the -✓✓Licensed producer
who solicited and wrote the policy
• The crop-hail policy must be signed by the -✓✓Producer and insured
• The crop-hail policy does NOT request information on the location of
the crop by -✓✓Community
• Which of the following questions is NOT asked on a crop-hail
application -✓✓Has there been any hail damage in previous years
• The crop hail application may be rejected by the company within how
many hour of the effective date and hour -✓✓240 hours
• Crop-Hail Polices are issued for a term of -✓✓1, 3, or 5 seasons
• The Crop-Hail Policy takes effect at the time the crop is -✓✓Clearly
visible above the ground
• The Crop-Hail insurer must pay the loss within how many days after
reaching agreement with the insured -✓✓30 days
2026/2027 Certification Exam Edition | Full
Practice Questions and Accurate Solutions
(Already Passed A+
• The principle of insurance that provides that when a loss occurs, the
insured should be restored to the approximate financial condition
occupied before the loss occurred, no better and no worse -✓✓Indemnity
• Since an insurance contract is a personal contract, the policy covers the
insurable interest of the -✓✓Insured
• When a fire occurs at a specific time or place, it is known as -✓✓An
occurence
• All of the following are direct losses EXCEPT -✓✓Wind
• The cause of possible loss or the event insured against is known as -
✓✓A peril
• The uncertainty or chance of loss is known as -✓✓A risk
• The insured transfers to the insurance company the right to collect
damages from another party under the principle of -✓✓Subrogation
• The government agency created to administer FCIC programs is the -
✓✓RMA
• The Federal Crop Insurance Act of 1980 authorized -✓✓A subsidy for
premiums
• A Crop-Hail policy covers -✓✓Fire
, • The perils covered under the standard crop-hail policy do NOT include
-✓✓Rain
• In order to purchase crop-hail insurance, a person must have -✓✓An
insurable interest in the growing crop
• Which of the following may NOT be an insured under a crop-hail
policy -✓✓Bank or lending institution
• Crop-hail rates are NOT published on a -✓✓National Basis
• The crop-hail application must designate the -✓✓Licensed producer
who solicited and wrote the policy
• The crop-hail policy must be signed by the -✓✓Producer and insured
• The crop-hail policy does NOT request information on the location of
the crop by -✓✓Community
• Which of the following questions is NOT asked on a crop-hail
application -✓✓Has there been any hail damage in previous years
• The crop hail application may be rejected by the company within how
many hour of the effective date and hour -✓✓240 hours
• Crop-Hail Polices are issued for a term of -✓✓1, 3, or 5 seasons
• The Crop-Hail Policy takes effect at the time the crop is -✓✓Clearly
visible above the ground
• The Crop-Hail insurer must pay the loss within how many days after
reaching agreement with the insured -✓✓30 days
