AFIS AFIS Livestock and Poultry Insurance

Question 1

Which USDA-administered program provides livestock producers with protection against unexpected losses of livestock due to disease, adverse weather, or other losses?

Accepted Answer

Livestock Indemnity Program (LIP)

Answer

Livestock Forage Disaster Program (LFP)

Answer

Emergency Livestock Assistance Program (ELAP)

Answer

Noninsured Crop Disaster Assistance Program (NAP)

Question 2

What is 'scheduled livestock' coverage in a farm insurance policy?

Accepted Answer

Coverage for individually listed and valued animals

Answer

Coverage for all livestock on the farm automatically

Answer

Coverage only for livestock in transit

Answer

Coverage for livestock at county fairs

Question 3

Which coverage form is most appropriate for a poultry operation with thousands of broiler chickens?

Accepted Answer

Blanket livestock form

Answer

Scheduled livestock form

Answer

Individual animal floater

Answer

Agreed value endorsement

Question 4

What does 'normal mortality' mean in the context of livestock insurance?

Accepted Answer

The expected percentage of livestock deaths from routine causes that is not covered

Answer

Deaths from natural disasters only

Answer

Deaths covered under all circumstances

Answer

Deaths attributed to predators

Question 5

An AFIS candidate is advising a dairy farmer whose herd is valued at $800,000. The farmer wants protection against a catastrophic contagious disease outbreak requiring government-ordered depopulation. Which coverage is most relevant?

Accepted Answer

Catastrophic livestock mortality coverage

Answer

Equipment breakdown insurance

Answer

Livestock transit floater

Answer

Workers' compensation

Question 6

Which of the following is a common exclusion in livestock mortality insurance policies?

Accepted Answer

Intentional destruction by the insured

Answer

Lightning strikes

Answer

Theft

Answer

Accidental shooting