Effective for all 2001 crop year crops filed 8/31/00 and later.
Premium subsidy factors apply to all policies. When the coverage enhancement
option is applicable and elected, the premium subsidy factor is based on the
coverage enhance option coverage level.
|
Subsidies and Fees |
| Coverage level |
CAT |
50 |
55 |
60 |
65 |
70 |
75 |
80* |
85* |
90* |
| Premium subsidy factor** |
1.00 |
.67 |
.64 |
.64 |
.59 |
.59 |
.55 |
.48 |
.38 |
NA |
GRP/GRIP premium subsidy factor |
1.00 |
NA |
NA |
NA |
NA |
.64 |
.64 |
.59 |
.59 |
.55 |
| Administrative fee |
$100 |
$30 |
$30 |
$30 |
$30 |
$30 |
$30 |
$30 |
$30 |
$30 |
* Where applicable.
**Applies to all plans of insurance except GRP and GRIP, and livestock.
For more information, contact Craig Witt.
|