Kansas Crop Insurance Exam Study
A situation that creates or increases the opportunity of a loss? - ANS-Hazard, it could be bodily,
ethical or morale.
A loss that happens at a sure time and area or over a period of time together with a hail storm -
ANS-Occurrence
Can the Commissioner of coverage have supervision over transactions having to do with
insurance - ANS-Yes.
Can the commissioner of coverage maintain reality locating listening to on any matter -
ANS-True
Decision made with the aid of an insured or insurance Company to now not hold insurance for
another coverage length after the contemporary policy duration expires - ANS-Non renewal
Does the Commissioner appearance over your certificates earlier than you become certified -
ANS-Yes
Financial loss ensuing directly from a loss to belongings is... - ANS-A direct loss
Insurance is known as what? - ANS-A settlement wherein one party agrees to pay for distinct
losses in alternate for charges paid.
Losses springing up from the unintended negligent damage to belongings of others or to their
body - ANS-Liability
Replacement value - depreciation is
Market price, assessed fee, found out value, or actual cashvalue - ANS-Actual Cash Value
Statements made by the applicant which might be real to the first-class if their understanding -
ANS-representations
Termination of an insurance coverage by the insured or coverage organization at some point of
the coverage duration - ANS-Cancellation
The motive of feasible loss or the event the insured towards is known as...
An occurrence, a threat, an immediate loss, or a peril - ANS-Peril - the reason of a probable
loss.
A situation that creates or increases the opportunity of a loss? - ANS-Hazard, it could be bodily,
ethical or morale.
A loss that happens at a sure time and area or over a period of time together with a hail storm -
ANS-Occurrence
Can the Commissioner of coverage have supervision over transactions having to do with
insurance - ANS-Yes.
Can the commissioner of coverage maintain reality locating listening to on any matter -
ANS-True
Decision made with the aid of an insured or insurance Company to now not hold insurance for
another coverage length after the contemporary policy duration expires - ANS-Non renewal
Does the Commissioner appearance over your certificates earlier than you become certified -
ANS-Yes
Financial loss ensuing directly from a loss to belongings is... - ANS-A direct loss
Insurance is known as what? - ANS-A settlement wherein one party agrees to pay for distinct
losses in alternate for charges paid.
Losses springing up from the unintended negligent damage to belongings of others or to their
body - ANS-Liability
Replacement value - depreciation is
Market price, assessed fee, found out value, or actual cashvalue - ANS-Actual Cash Value
Statements made by the applicant which might be real to the first-class if their understanding -
ANS-representations
Termination of an insurance coverage by the insured or coverage organization at some point of
the coverage duration - ANS-Cancellation
The motive of feasible loss or the event the insured towards is known as...
An occurrence, a threat, an immediate loss, or a peril - ANS-Peril - the reason of a probable
loss.
