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Individual Productivity Indexing for Crop Insurance Rules
The article explains phased in Individual Productivity Indexing from 1992 to 1994 to replace the current coverage adjustment system. It details how IP I calculates LTAY using each producer’s yield relative to regional soil zone averages, program effects on Crop Insurance and Revenue Protection, and penalties for misleading data. It also covers SMA adjustments, automatic use of CI experience, and premium structures and adjustments under Revenue Protection.
MENTIONED IN THIS ARTICLE
I.P
Manitoba
C.I
S.M.A
R.P