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Insurance payment calculation
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Deere6
Posted 10/19/2017 06:20 (#6315804)
Subject: Insurance payment calculation


Since the harvest price is going to end up about .40$ or so less than spring price, how does this affect payments? If I have 120 bpa guarantee and I harvest zero bushels, do I still get paid 120bpa x 3.96 spring price? Does that .40 deficiency get added so 120 x 4.36? The second option would actually be increasing my total revenue guarantee, who pays the premium if that is the case?

Edited by Deere6 10/19/2017 06:21
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