Satellite Yield Insuring Agreement Sample Contracts

SATELLITE YIELD INSURING AGREEMENT
Satellite Yield Insuring Agreement • June 2nd, 2021

AFSC will indemnify the Insured when the Current Year Pasture Vegetation Index, expressed as a percentage of the Normal Pasture Vegetation, is less than the Threshold Pasture Vegetation index in the township for the Insured’s dryland pasture pursuant to this Insuring Agreement. This Insuring Agreement incorporates by reference, and is subject to, the Terms and Conditions and Benefits. The definitions in the Terms and Conditions will apply unless the same term is otherwise defined in this Insuring Agreement.

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