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Premiums on trend-adjusted crop insurance policies
U of I experts say the new feature will keep crop insurance premiums stable to lower for most farmers in 2012.
Compiled by staff
Published: Feb 7, 2012
The Trend-Adjusted Actual Production History (TA-APH) allows farmers to increase yields used in calculating guarantees for plans within the COMBO product. For the same guarantee level, farmer-paid premiums will almost always be the same or lower using the TA-APH yield endorsement than without the endorsement. This occurs because of differences in subsidy levels across coverage levels.
Continue reading at:
http://www.farmdocdaily.illinois.edu/2012/02/premiums_on_trendadjusted_aph.html
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