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Crop Insurance > Program > Benefit options > 

About the Program

Benefit option: 65%, 70%, 80% or higher?

For the different insurable productions, several benefit options are offered.

How do you choose your benefit option?

The benefit option corresponds to the coverage level for which you wish to be insured.

If you choose a 75% benefit option, your deductible will be 25%. The losses would therefore need to be higher than 25% before you would be entitled to any compensation.

Example:

Your benefit option is 75%, the loss reaches 40%.

The loss for which you would be compensated is calculated this way:

Calculation of the loss

Gross loss

-

Deductible

=

Net loss compensated

40%

-

25%

=

15%

 

 

Last modification of this page : 2012-01-17