Common use of Unfavorable WA Experience Clause in Contracts

Unfavorable WA Experience. Once a producer has been determined to have unfavorable experience under Subpara. 35B, the following will apply: (1) a subsequent WA request will not be approved unless the producer can show no loss would have occurred (including any options, such as a fresh fruit option, etc., that were in effect the most recent year the crop and acreage was insured by WA) for any two consecutive crop years following the unfavorable experience determination (for example, if the WA request was denied for the 2022 crop year, the insured would need to show no loss would have occurred for two consecutive crop years after 2021) and provides additional acceptable information on the insured crop/P/T/variety or acreage that can be used to establish a premium rate more appropriate for the crop/P/T/variety or acreage in the county. A determination of a loss is as follows: (a) for insurance plans based on APH, a loss is an actual yield (determined from records supplied by the producer) that is less than the highest coverage level available for the applicable policy in the county multiplied by what would have been the updated approved APH yield for acreage that would have been covered by the WA during each crop year; (b) for insurance plans offering a dollar amount of coverage per acre (except forage seeding), multiply planted acres that would have been covered by the WA for each crop year (determined from records supplied by the producer) times the maximum dollar amount of coverage available for the applicable policy in the county. A loss is a crop year in which this amount exceeds the dollars received by the producer (determined from records supplied by the producer) for acreage that would have been covered by the WA; and

Appears in 2 contracts

Samples: Written Agreement Handbook, Written Agreement Handbook

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Unfavorable WA Experience. Once a producer has been determined to have unfavorable experience under Subpara. 35B, the following will apply: (1) a subsequent WA request will not be approved unless the producer can show no loss would have occurred (including any options, such as e.g., a fresh fruit option, etc., that were in effect the most recent year the crop and acreage was insured by WA) for any two consecutive crop years following the unfavorable experience determination (for examplee.g., if the WA request was denied for the 2022 2024 crop year, the insured would need to show no loss would have occurred for two consecutive crop years after 20212023) and provides additional acceptable information on the insured crop/P/T/variety or acreage that can be used to establish a premium rate more appropriate for the crop/P/T/variety or acreage in the county. A determination of a loss is as follows: (a) for insurance plans based on APH, a loss is an actual yield (determined from records supplied by the producer) that is less than the highest coverage level available for the applicable policy in the county multiplied by what would have been the updated approved APH yield for acreage that would have been covered by the WA during each crop year; (b) for insurance plans offering a dollar amount of coverage per acre (except forage seeding), multiply planted acres that would have been covered by the WA for each crop year (determined from records supplied by the producer) times the maximum dollar amount of coverage available for the applicable policy in the county. A loss is a crop year in which this amount exceeds the dollars received by the producer (determined from records supplied by the producer) for acreage that would have been covered by the WA; and

Appears in 1 contract

Samples: Written Agreement Handbook

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Unfavorable WA Experience. Once a producer has been determined to have unfavorable experience under Subpara. Subparagraph 35B, the following will apply: (1) a subsequent request for a WA request will not be approved unless the producer can show no loss would have occurred (including any options, such as a fresh fruit option, etc., that were in effect the most recent year the crop and acreage was insured by WA) for any two consecutive crop years following the unfavorable experience determination (for example, if the WA request was denied for the 2022 2017 crop year, the insured would need to show no loss would have occurred for two consecutive crop years after 20212016) and provides additional acceptable information on the insured crop/P/T/variety or acreage that can be used to establish a premium rate more appropriate for the crop/P/T/variety or acreage in the county. A determination of a loss is as follows: (a) for insurance plans based on APH, a loss is an actual yield (determined from records supplied by the producer) that is less than the highest coverage level available for the applicable policy in the county multiplied by what would have been the updated approved APH yield for acreage that would have been covered by the WA during each crop year; (b) for insurance plans offering a dollar amount of coverage per acre (except forage seeding), multiply planted acres that would have been covered by the WA for each crop year (determined from records supplied by the producer) times the maximum dollar amount of coverage available for the applicable policy in the county. A loss is a crop year in which this amount exceeds the dollars received by the producer (determined from records supplied by the producer) for acreage that would have been covered by the WA; and

Appears in 1 contract

Samples: Written Agreement Handbook

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