Feeder Cattle Insured Index definition

Feeder Cattle Insured Index means the price level expressed in dollars per Unit below which an Indemnity is recoverable under a Price Insurance Policy, established in accordance with the methodology as determined by the Program Administrator on behalf of the Insurer and posted to the WLPIP Website.
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Feeder Cattle Insured Index means the price level expressed in dollars per Unit below which an Indemnity is recoverable under a Price Insurance Policy, established in accordance with the methodology as determined by the program administrator and posted to the WLPIP Website.
Sample 1

Examples of Feeder Cattle Insured Index in a sentence

  • In such event, the dollar value of the Indemnity will be equal to the Feeder Cattle Insured Index less the appropriate Settlement Index multiplied by the weight claimed during the week of the Claim Date.

  • The Insured will be entitled to an Indemnity under a Price Insurance Policy if the Feeder Cattle Settlement Index for the week of the Claim Date is less than the Feeder Cattle Insured Index applicable for that Policy.

  • The Producer is entitled to an Indemnity under a Price Insurance Policy if the Feeder Cattle Settlement Index for the week of the Claim Date is less than the Feeder Cattle Insured Index applicable for that Policy.

  • In such event, the dollar value of the Indemnity is equal to the Feeder Cattle Insured Index less the appropriate Settlement Index multiplied by the weight claimed during the week of the Claim Date.

  • AFSC will be entitled to an Indemnity under a Price Insurance Policy if the Feeder Cattle Settlement Index for the week of the Claim Date is less than the Feeder Cattle Insured Index applicable for that Policy.

Related to Feeder Cattle Insured Index

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