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Units - Plans - Policy - Trivia Flashcards | StudBud
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Units - Plans - Policy - Trivia
Units - Plans - Policy - Trivia
42 terms
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StudBud Administration
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Flashcards
42 cards
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Practice quiz
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Questions
42
Answers
1
How many Basic Units?
4
2
3
5
2
Highest Coverage Level
85%
90%
75%
80%
3
How many Basic Units exist?
3
6
2
1
4
Definition
Power of Attorney
Substansial Benificial Interest (SBI)
Authorized Representative
Assignee
5
Plans of Insurance
False
True
6
Does this qualify as an Enterprise Unit?
Does not qualify
Qualifies
7
What is Line 5 unit number?
0003-0001
0003-0002
0004-0001
0004-0002
8
Policy
April 1
Planting Date
Sales Closing Date
9
Trivia
Madison
Monroe
Washington
Lincoln
10
Cause
Wait until after harvest to submit a claim
Submit a claim declaring the amount of loss after one year
Get consent from agent prior to putting crop to another use
Give us notice within 72 hours of initial discovery.
11
What is?
Acreage Reporting Period
Late Planting Period
Production Reporting Period
End of Insurance Period
12
What is Line 5 unit number?
0003-0001
0002-0001
0002-0002
0002-0005
13
To qualify for an EU
20 acres or 20%
Corn or Soybeans
2 sections or field
100 acres or 10%
14
Can this be an Enterprise Unit?
Yes
No
15
Units
Basic Unit
Optional
Whole Farm Unit
Enterprise Unit
16
Eligibility
Be at least 25 years of age
Have an insurable interest in the crop.
Have farmed for at least 3 years.
All of the above.
17
Name that book.....
Special Provisions
Basic Provisions
Loss Adjustment Manual
Crop Provisions
18
Legal Description
Country
City-State
Section-Township-Range
Easy Map
19
Can this be an Enterprise Unit?
No
Yes
20
What is?
Revised Acreage Report
Written Agreement
Summary of Coverage
Transfer of Indemnity
21
Policy
Guarantee X Price
APH X Coverage Level
APH X Price
22
Units
All of the above
Production
Disposition
Harvesting
23
Optional Units
False
True
24
Consent
Replant claim is paid
Nothing
Replant claim is denied
Replant Claim is denied and acreage is made uninsurable
25
Can this be an Enterprise Unit?
Yes
No
26
Optional Units
3
6
2
4
27
How many Optional Units?
6
3
0
1
28
Riddle
Nothing
Ten Cents
Five Cents
One Cent
29
Unit Numbering
6
4
5
3
30
Yield Protection
False
True
31
LAM Definitions
Field
Optional Unit
Common Land Unit
Enterprise Unit
32
Practices
No
Yes
33
Endorsments
5% or 70% PP coverage
5% or 65% PP coverage
10% or 70% PP coverage
34
Basic Unit
Crop, County, Sharing Person
Crop, County, Sharing Percentage
Broken by Section equivalents
Irrigated-Non Irrigated
35
Unit Structure Types
Corn, Soybeans, Wheat
Basic, Optional, Enterpirse, Whole Farm
Enterprise, Section Numbers, Crop
Basic, Wood, Matrix, Optional
36
Endorsements
True
False
37
Coverage Levels
Coverage Level---Guarantee
Guarantee---APH
APH---Yield
Coverage Level---APH
38
The first set of 4 numbers on a unit number represent the.....(
0001
-
0002)
Optional
Basic
Optional
Sub
39
What is?
Assignment
Consent
Contract
Cancellation
40
Plans of insurance
Optional Unit
Whole Farm
Yield Protection
Revenue Protection
41
Which one
Dia. x Dia. x Height x .7854 x .80
Dia. x Dia. x Height x .2618 x .80
Dia. x Height x 3.14 x 56
Dia. x Height x .3145 x 56
42
Unit Numbering
Enterprise
Optional
Basic
Sub