CAPP Practice (LAM)

10 Questions | By Chockhefner | Updated: Mar 20, 2022 | Attempts: 1862

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Questions and Answers

1.

When the insured has reported both an irrigated and non-irrigated practice and claims there is an error in the reported acreage of irrigated and/or nonirrigated practices, a revised acreage report may be approved to change a non-irrigated practice to an irrigated practice (acreage must qualify for an irrigated practice) or irrigated may be revised to a non-irrigated), PROVIDED: 1 no damage or loss has occurred, 2 harvest is not general in the area, AND 3 the AIP has verified that the practice for which the change was requested actually existed and is being carried out in a manner consistent with a good farming practice for the practice that the acreage is being revised.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
2.

Acreage reports can be revised after the ARD to remove or reduce premium because the insurable acreage was destroyed prior to harvest.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
3.

Duplicate policies are:
- A.
  
  Permitted by RMA.
- B.
  
  Not permitted by RMA.
Correct Answer
B. Not permitted by RMA.
4.

To be considered an eligible person to qualify for crop insurance, a producer must: (Select all that apply).
- A.
  
  Have an insurable interest in the crop.
- B.
  
  Be at least 25 years of age.
- C.
  
  Have farmed for at least three (3) years.
- D.
  
  Be competent.
Correct Answer(s)
A. Have an insurable interest in the crop.
D. Be competent.
5.

If there is an adjuster runs into an controversial claim situation, the adjuster should prepare multiple claims to reflect:
- A.
  
  The data submitted by the insured, signed by both the adjuster and the insured.
- B.
  
  The data found by the loss adjuster, signed by the adjuster.
- C.
  
  The data submitted by the agent, signed by the adjuster and the insured.
- D.
  
  None of the above.
Correct Answer
D. None of the above.
6.

Corn, soybeans, wheat, barley, canola/rapeseed, and flax are the only crops with automatic late planting coverage.
- A.
  
  True
- B.
  
  False
Correct Answer
B. False
7.

Any crop or other commodity produced, regardless of whether or not it is insurable is a(n):
- A.
  
  Crop.
- B.
  
  Agricultural Commodity.
- C.
  
  Potential Insurable Crop.
Correct Answer
B. Agricultural Commodity.
8.

CAT (Catastrophic Risk Protection) is the minimum level of Federal crop insurance coverage a producer can obtain.
- A.
  
  True
- B.
  
  False
Correct Answer
A. True
9.

The formula for calculating the number of trees in an orchard is:
- A.
  
  N / T = A
- B.
  
  A + N = T
- C.
  
  R X T = N
- D.
  
  R - A = T
Correct Answer
C. R X T = N
10.

If an initial acreage report has not been previously submitted and processed by the AIP, it must be ___________________ before the replant claim can be processed.
- A.
  
  Submitted
- B.
  
  Properly filled out
- C.
  
  Processed
Correct Answer(s)
A. Submitted
C. Processed

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Current Version
Mar 20, 2022

Quiz Edited by
ProProfs Editorial Team
Apr 22, 2012

Quiz Created by
Chockhefner

CAPP Practice (Lam)

Acreage reports can be revised after the ARD to remove or reduce premium because the insurable acreage was destroyed prior to harvest.

Duplicate policies are:

To be considered an eligible person to qualify for crop insurance, a producer must: (Select all that apply).

If there is an adjuster runs into an controversial claim situation, the adjuster should prepare multiple claims to reflect:

Corn, soybeans, wheat, barley, canola/rapeseed, and flax are the only crops with automatic late planting coverage.

Any crop or other commodity produced, regardless of whether or not it is insurable is a(n):

CAT (Catastrophic Risk Protection) is the minimum level of Federal crop insurance coverage a producer can obtain.

The formula for calculating the number of trees in an orchard is:

If an initial acreage report has not been previously submitted and processed by the AIP, it must be ___________________ before the replant claim can be processed.