Quality Loss definition
Examples of Quality Loss in a sentence
The Insured can receive a 50 percent advance payment on the estimated Production Loss prior to Quality Loss.
Once the post harvest claim is finalized, the Insured will receive the remaining Indemnity including any Quality Loss.
When Uninsured Causes of Loss are determined, claims may be reduced or denied, reflecting the amount of production and/or Quality Loss due to the uninsured causes.
Production sold to a primary or terminal elevator and graded according to Canadian Grain Commission standards is eligible for Quality Loss.
The total Indemnity and the total Dollar Coverage, including Variable Price Benefit and Quality Loss, from the associated Crop Insurance Policy are used to calculate the loss percentage for the insured dryland and insured irrigated acres separately.
Once the post harvest claim is finalized, AFSC recalculates the Production Loss based on the Harvested Production determined during the on-farm inspection, and the Insured will receive the remaining Indemnity including any Quality Loss.
Once the post harvest claim is finalized, the Insured will receive the remaining Indemnity.including any Quality Loss.
The latest date a crop may be seeded in order for the production to qualify for a Quality Loss adjustment.
For information on measuring stored production, refer to Determining Production in Storage on ▇▇▇▇.▇▇ Production from non-registered and unreported/missing varieties must be stored separately and may not qualify for Quality Loss.
A Preliminary Payment takes the Insured’s reported production without Quality Loss and adds 20 percent to it to mitigate the risk of overpayments.