NORTH DAKOTA CROP INSURANCE EXAM 2026 QUESTIONS AND ANSWERS | A+ GRADED |
WITH EXPERT SOLUTIONS
Actual Cash Value - (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. -
(ANSWER)Binder
Replacement Cost minus Depreciation - (ANSWER)Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - (ANSWER)Hazzard
Hazards that increase the possibility of a loss such as flammable substances - (ANSWER)Physical Hazards
Dishonesty, Lack of Integrity - (ANSWER)Moral Hazards
Careless attitude, indifference, failure to care - (ANSWER)Morale Hazards
The cause of possible loss. the event insured against - (ANSWER)Peril
A loss that occurs at a specific time and place or over a period of time. such as fire or hail storm. -
(ANSWER)Occurrence
The lack of reasonable care that is required to protect other from the unreasonable chance of harm. -
(ANSWER)Negligence
, NORTH DAKOTA CROP INSURANCE EXAM 2026 QUESTIONS AND ANSWERS | A+ GRADED |
WITH EXPERT SOLUTIONS
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 -
(ANSWER)Limits of Liability
Assignment of interest - (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. - (ANSWER)Assignment of Indemnity
Final Planting Date FPD - (ANSWER)last day to plant unless insured for late planting
Last day to apply for coverage - (ANSWER)Sales Closing Date SCD
The last day to report the acreage planted. if not reported, insurance will not be in effect -
(ANSWER)Acreage Reporting Date ARD
Last day to pay the premium with out being charged interest - (ANSWER)Payment Due Date
Last day to request cancellation of policy for the next year - (ANSWER)Cancellation Date
last day to report production for actual production history APH - (ANSWER)Production Reporting Date
PRD
Date insurance company will terminate the policy for nonpayment - (ANSWER)Debt Termination Date
anyone who wants to insure their share in an insurable crop. owner operators, tenants, renters, crop-
share landlords, partnerships, corporations and estates - (ANSWER)Insured Eligibility
WITH EXPERT SOLUTIONS
Actual Cash Value - (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. -
(ANSWER)Binder
Replacement Cost minus Depreciation - (ANSWER)Actual Cash Value (ACV)
A condition that creates or increases the probability of a loss - (ANSWER)Hazzard
Hazards that increase the possibility of a loss such as flammable substances - (ANSWER)Physical Hazards
Dishonesty, Lack of Integrity - (ANSWER)Moral Hazards
Careless attitude, indifference, failure to care - (ANSWER)Morale Hazards
The cause of possible loss. the event insured against - (ANSWER)Peril
A loss that occurs at a specific time and place or over a period of time. such as fire or hail storm. -
(ANSWER)Occurrence
The lack of reasonable care that is required to protect other from the unreasonable chance of harm. -
(ANSWER)Negligence
, NORTH DAKOTA CROP INSURANCE EXAM 2026 QUESTIONS AND ANSWERS | A+ GRADED |
WITH EXPERT SOLUTIONS
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 -
(ANSWER)Limits of Liability
Assignment of interest - (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. - (ANSWER)Assignment of Indemnity
Final Planting Date FPD - (ANSWER)last day to plant unless insured for late planting
Last day to apply for coverage - (ANSWER)Sales Closing Date SCD
The last day to report the acreage planted. if not reported, insurance will not be in effect -
(ANSWER)Acreage Reporting Date ARD
Last day to pay the premium with out being charged interest - (ANSWER)Payment Due Date
Last day to request cancellation of policy for the next year - (ANSWER)Cancellation Date
last day to report production for actual production history APH - (ANSWER)Production Reporting Date
PRD
Date insurance company will terminate the policy for nonpayment - (ANSWER)Debt Termination Date
anyone who wants to insure their share in an insurable crop. owner operators, tenants, renters, crop-
share landlords, partnerships, corporations and estates - (ANSWER)Insured Eligibility
