Crop insurance - Study guides, Class notes & Summaries
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North Dakota Crop Insurance Exam Questions And Answers
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______ hours of continuing education a are required for crop insurance ever 2 years. - 24 
______hours of the continued education are required to be in Ethics. - 3 
A buisness entity acting as an insurance producer is required to - Obtain an insurance producer 
license 
A condition that creates or increases the probability of a loss - Hazzard 
A grass crop that has a smaller seed, typically refers to wheat, rice, oats, barley, etc. - Small Grain 
A license may not be renewed or a new license iss...
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South Dakota Crop Insurance Exam With Guaranteed Accurate Answers
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Insurable Interest - correct answer occurs when a person stands to lose life or property. In property and casualty insurance an insurable interest must exist at the time of loss. In crop insurance, the owner of the crop has the insurable interest. 
 
Risk - correct answer uncertainty or chance of loss. Can be speculative (an opportunity for gain that may result in a loss) or pure (involves only the possibility of loss or no loss) 
 
Exposure - correct answer potential for loss that might occur f...
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South Dakota Crop Insurance UPDATED Exam Questions And CORRECT Answers
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Insurable Interest occurs when a person stands to lose life or property. In property and 
casualty insurance an insurable interest must exist at the time of loss. In crop insurance, the 
owner of the crop has the insurable interest. 
Risk uncertainty or chance of loss. Can be speculative (an opportunity for gain that may 
result in a loss) or pure (involves only the possibility of loss or no loss) 
Exposure potential for loss that might occur from some activity. Calculated by 
multiplying th...
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Kansas Crop Insurance Licensing Terms Graded A
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Kansas Crop Insurance Licensing Terms Graded A 
Who is required to obtain a license? Any who is involved in the sale of the policy (signing documents, 
discussing rates, and policy provisions) 
Who is NOT required to obtain a license? 1. Directors, managers, etc. who don't sell policies or receive 
commission related to the sale. 
2. Executive, administrative, and secretarial positions. 
3. Those engaged in only the training or underwriting portion of the business. 
4. Any full-time stu...
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New York Adjuster Exam 2024
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New York Adjuster Exam 2024 
The insured has moved into a dwelling that was being build and was covered by the "Dwelling 
Under Construction" endorsement. How long does the insured have to report his / her occupancy 
to the insurance company? - Answer ️️ -30 days 
When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may 
cancel it for any reason by providing a ______ notice. - Answer ️️ -30 day 
Personal property that is covered under the Personal P...
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Nebraska Crop Insurance Verified Questions And Answers With Verified Updates
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Apparent Authority - Authority created when the producer exceeds the authority expressed in the 
agency contract. Example: the producer's issuance of a binder when, in fact, the producer has not been 
granted such authority. 
Foreign Insurer - An insurer not organized under the laws of this state, but in one of the other 
states or jurisdictions within the United States, whether or not it is admitted to do business in the state 
or jurisdiction. 
Mutual - A ________ insurance company is owned b...
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Nebraska Crop Insurance Exam Questions and answers | Latest 2024/25
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Nebraska Crop Insurance Exam Questions and answers | Latest 2024/25
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Alabama AdjusterPro Exam for P&C with WC and Crop (2023)
- Exam (elaborations) • 50 pages • 2023
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Alabama AdjusterPro Exam for P&C with WC and Crop (2023) 
 
 
 Alabama AdjusterPro Exam for P&C with WC and Crop (2023) 
1: Incorrect	Indemnification may include all of the following except: 
		reimbursement for hotel costs. 
		 
		reimbursement for rental car costs. 
		 
	Answer Given	payment for repairs to property. 
		 
Actual 
Answer		payment for pain and suffering. 
		 
2: Correct	What is a reserve, in insurance terms? 
		The amount of revenue that the insurer sets aside to pay employee s...
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Louisiana Claims Adjuster's Workers Comp License Study Guide With Complete Solution
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Accident Insurance - Answer Covers expenses associated with a covered accident and can extend to ambulance and 
emergency room expenses, intensive care, and hospital costs. Accident insurance also 
provides for loss of income, and a death benefit if injuries prove fatal. 
 
Accumulated 
Depreciation - Answer The total decrease in an item's value over a period of time. Formula: (annual 
depreciation x number of years used). Subtract this number from the item's replacement 
cost to get its actua...
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South Dakota Crop Insurance Top Forecasted Exam Questions And CORRECT Answers
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12 hours of training, competency test every 36 months, current state licenseNew agents 
are required to have the following to write MPCI: 
ARPI policyAn insurance policy that insures against widespread loss of production in a 
county and is not based on individual production when figuring the loss is a: 
TrueThe Commodity Exchange Price Provisions (CEPP) document specifies how and 
when the Projected and Harvest price components will be determined. 
TrueA farmer insuring corn and soybeans in ...
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