Crop loss - Study guides, Class notes & Summaries

North Dakota Crop Insurance Exam Questions and Answers Rated A+ Actual Cash Value 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. Binder Replace...

IPM Integrated Pest Management; Goals are provide economical pest control/protect the environment Not The Goal Of IPM Elimination of all pests Economic threshold/action threshold Number of pests per plant of amount of damage to plant at which control measures should begin economic injury level breakeven point which the cost of pest control equals the revenue loss caused by pest aesthetic injury level number of pests that might cause enough damage to the appearanc...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

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 ac...

The North Carolina Pesticide Board (NCPB) is responsible for carrying out provision of the NCPL Natural resistance certain plant varieties are naturally resistant to certain insects, pathogens, or nematodes, and many plants actually repel various types of pests. NCDA&CS conducts routine inspections of certified applicators, public agencies, and restricted use pesticide dealers. All pesticides must be registered through this agency. Economic Injury Level (EIL) When the potential ...

Alabama Adjusters License Latest Update Graded A+ Accident Insurance 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 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 ite...

Texas All Lines Adjuster Test 2024 Measures taken by an insurance company to ensure that their exposure is not too high and to control the effect of a loss; for example, an insurer might charge higher premiums to drivers who have received speeding tickets. - correct answer Risk Management A federal agency under the USDA that administers the Federal Crop Insurance Program. - correct answer Risk Management Agency Groups of people with similar insurance needs who form an organization t...

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...

New York Adjuster Exam Questions and Answers Latest 2024 Graded A+. 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? 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. 30 day Personal property that is covered under the Perso...

Illinois Pesticide Applicator Test, General Standard Exam Review, Pesticide Applicator Training Federal insecticide, fungicide, and rodenticide act (FIFRA) Approved in 1947. It provides a framework for pesticide registrations an is the pesticide users assurance that the product, if used correctly will provide some helpful service without endangering the user, other persons, or the environment Economic Injury Level break- even point at which the cost of pest control equals the revenue los...