Crop insurance - Study guides, Class notes & Summaries
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SC Property, Casualty, Surety, Marine Exam Questions & Answers 100% Answered!!
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Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J 
 
Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E 
 
Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged or...
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SC Property, Casualty, Surety, Marine Exam Revised Questions And Correct Answers
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SC Property, Casualty, Surety, 
Marine Exam 
Revised Questions And Correct 
Answers 
Accumulated Depreciation - ANSWER : The total 
decrease in an item's value over a period of time. 
Formula:(Annual Depreciation x Number ofyears used) 1-J 
Acreage Reporting Date - ANSWER : The deadline for 
providing the insurer with an acreage report, which is used 
to determine the amount of coverage needed and the 
premium charged for a particular crop. 3-E 
Actual Cash Value (ACV) - ANSWER : A valuat...
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Iowa Crop Insurance Exam All Answers Correct
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Iowa Crop Insurance Exam All Answers Correct 
Insurable Interest 
Economic stake in which a loss would result in financial hardship 
Risk 
uncertainly or chance of loss 
Brainpower 
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Two types of risk 
Pure and Speculative 
Pure Risk 
involves only the possibility of loss or no loss 
Speculative Risk 
Chance of loss or gain 
What type if risk does insurance deal with? 
Pure Risk 
Hazard 
condition that creates or increases the probability of a loss 
Physical hazard exa...
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Iowa Crop Insurance Exam 2024 Graded A+
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Iowa Crop Insurance Exam 2024 Graded A+
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South Dakota Crop Insurance Exam with Certified Solutions
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South Dakota Crop Insurance Exam with 
 
Certified Solutions 
 
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 th...
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NEBRASKA CROP INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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NEBRASKA CROP INSURANCE EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS 
 
 
Mutual - Precise Answer A ________ insurance company is owned by its policyholders. 
 
Reinsurance - Precise Answer If an insurance company wants to transfer all or part of the risk it has accepted, it would buy which of the following types of insurance? 
 
Domestic Insurer - Precise Answer An insurer organized under the laws of this state, whether or not it is admitted to do business in this state. 
 
Foreign Insurer - Pre...
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New York Adjuster Exam Questions with 100% correct Answers 2023
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New York Adjuster Exam Questions with 100% correct Answers 2023 
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? {{Correct Ans- 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. {{Correct Ans- 30 day 
 
Personal property tha...
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North Dakota Crop Insurance Exam Questions and Answers Rated A+
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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...
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COMPREHESIVE; TEST BANK| ALL NEW YORK ADJUSTER (NY ADJUSTER) QUESTIONS ALL WITH CORRECT ANSWERS 2023-2024|GUARANTEE PASS
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COMPREHESIVE; TEST BANK| ALL NEW YORK ADJUSTER (NY ADJUSTER) QUESTIONS ALL WITH CORRECT ANSWERS 2023-2024|GUARANTEE PASS 
Table of Contents 
New York Adjuster Exam Questions with 100% correct Answers 2023	2 
New York Adjuster Exam 2 Questions and Answers Graded A+ 2023	24 
New York Adjuster Exam 3 (+100 Questions and Answers 2023	34 
New York Adjuster Questions and Answers 2023	45 
NEW YORK insurance pretest (Adjusters) Questions and Correct Answers	47 
New York Adjuster 1 Questions and Answers	...
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J 
 
Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E 
 
Actual Cash Value (ACV) - ANSWERSA valuation method used by...
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