Acreage Record - Type 11 - Calculation

June 28, 2007

Exhibit 11-11
ROUNDING INFORMATION

FCIC-Appendix III

ROUNDING For Guarantee, Liability and Premium Calculations
Note 1:

Round to nearest whole pound, nearest hundredth for tonnage crops,
or nearest tenth for other units of measure.

Note 2:

Round to nearest tenth for barrels or tons and nearest whole number for
other units of measure.

Note 3:

Round to nearest hundredth for Tobacco and nearest tenth for all
other crops.

Note 4:

Round to nearest whole pound or bushel.

Note 5:

Round to nearest tenth.

Note 6:

Round to nearest whole number.

Note 7:

Round to nearest whole dollar.

Note 8:

Round to nearest thousandth.

Note 9:

Round to nearest dollar and cents.

Note 10: Round to 8 decimal places.
Note 11: Round to hundredth.
Note 12: Round to 8 decimal places, including each interim step.
Note 13: Round to 5 decimal places.
Note 14: Round to 2 decimal places and cupped at 0.50 and capped at 1.50.

FCIC-Appendix III

Page 1

RY2008

June 28, 2007

Exhibit 11-11
SUBSIDY/FACTOR CALCULATION

FCIC-Appendix III

Subsidy Factor for all plan codes except GRP (12) and GRIP (73).
Subsidy Factor = Subsidy factor for coverage level (field 34) from Subsidy Table.

Coverage
Level*

CAT

.5000

.5500

.6000

.6500

.7000

.7500

.8000

.8500

Subsidy
Factor

1.000

.670

.640

.640

.590

.590

.550

.480

.380

*If CE Option is elected, then CEO Coverage Level (field 79) unless Prevented Planting acreage
which uses MPCI subsidy.
GRP
Subsidy Factor = Subsidy Factor for Coverage Level (field 34) from Subsidy Table.
Coverage
Level

CAT

.7000

.7500

.8000

.8500

.9000

Subsidy
Factor

1.000

.640

.640

.590

.590

.550

GRIP:
Subsidy Factor = Subsidy Factor for Coverage Level (field 34) from Subsidy Table.
Coverage
Level

CAT

.7000

.7500

.8000

.8500

.9000

Subsidy
Factor

1.000

.640

.590

.590

.550

.480

FCIC-Appendix III

Page 2

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

APH Crops
Insurance Plan Code 90
Alfalfa Seed (0107)
Bananas (0255)
Canola (0015)
Cotton (0021)
Dry Beans (0047)
Forage Prod (0033)
Mac Nuts (0023)
Oats (0016)
Peanuts (0075)
Potatoes (0084)
Rye (0094)
Sugar Beets (0039)
Table Grapes (0052)
Tobacco (0233)
Tomatoes –Fr Mkt (0086)

Almonds (0028)
Barley (0091)
Citrus Fruit(AZ,CA,TX)
ELS Cotton (0022)
Dry Peas (0067)
Grain Sorghum (0051)
Millet (0017)
Onions (0013)
Pears (0089)
Processing Beans (0046)
Safflowers (0049)
Sugarcane (0038)
Tobacco (0229)
Tobacco (0234)
Tomatoes (0087)

Apples (0054)
Blueberries (0012)
Coffee (0256)
Cranberries (0058)
Figs (0060)
Grapes (0053)
Mint (0074)
Papaya (0257)
Plums (0092)
Prunes (0036)
Soybeans (0081)
Sunflowers (0078)
Tobacco (0230)
Tobacco (0235)
Walnuts (0029)

Avocados – FL (0019)
Cabbage (0072)
Corn (0041)
Cultivated Wild Rice (0055)
Flax (0031)
Green Peas (0064)
Mustard (0069)
Peaches (0034)
Popcorn (0043)
Rice (0018)
Stonefruit**
Sweet Corn (Proc) (0042)
Tobacco (0232)
Tobacco (0236)
Wheat (0011)

Note: All Peaches except Georgia & South Carolina
** See Exhibit 11-2 for applicable crops and code.
Note A: If Prevented Planting the CEO Coverage Level and CEO PPT do not apply.
MULTI CROPPING LIMITATIONS APPLY TO THESE PLANS

GUARANTEE PER ACRE
Guarantee Per Acre = Yield
*
(Field 35)
(Field 31)
(Note 1)
(Note 2)

Coverage Level
(Field 34)

If Late Planting applies, then
Guarantee Per Acre = (Yield * Coverage Level) * Guarantee Reduction Factor
(Field 35)
(Field 31)
(Field 34)
(Field 36)
(Note 1)
(Note 2)
If Prevented Planting applies, then
Guarantee Per Acre = (Yield * Coverage Level) * Guarantee Reduction Factor
(Field 35)
(Field 31)
(Field 34)
(Field 36)
(Note 1)
(Note 2)
For Cabbage (except processing) and Potatoes (Certified Seed) and Hawaii Tropical Fruit
with the 125% Acreage Limitation; then:
Guarantee Per Acre = (Yield * Coverage Level) * Yield Conversion Factor
(Field 35)
(Field 31) (Field 34)
(Field 44)
(Note 1)
(Note 1)
(Round to 3 decimals)
(Round to 2 decimals for Hawaii Tropical Fruit)

FCIC-Appendix III

Page 3

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 2)
(Note 1)
(Note 3)

TOTAL GUARANTEE For PEANUTS
Total Guarantee = Guarantee Per Acre (by practice, type or reduction % if different for the unit) * Reported Acres (For the Unit
(Field 38)
(Field 35)
unless GPA is different by
(Note 2)
(Note 1)
practice, type or reduction %)
(Field 37)
(Note 3)

LIABILITY For PEANUTS (Contracted and Non-Contracted Peanuts Will Be Insured Up To
The Number Of Pounds Of Total Guarantee For The Unit
Liability = Total Guarantee
(Field 42)
(Contracted or Non-Contracted
(Note 7)
Pounds by Price)
(Field 38)
(Note 2)

* Price Election Amount
* Insured Share
(Contract Price times price election %
(Field 41)
[up to maximum contract price] for
applicable contracted pounds or
Non-contract price times price election %)
(Field 39)

LIABILITY
Liability = Total Guarantee * Price Election Amount * Insured Share
(Field 42)
(Field 38)
(Field 39)
(Field 41)
(Note 7)
(Note 2)

If CE Option Selected (Does NOT Apply to Prevented Planting):
CE Option Coverage Factor = ((CEO Coverage Level / MPCI Coverage Level) – 1)
(Note 13)
CEO Liability = Liability * CE Option Coverage Factor
(Note 7)
Liability (Total) = Liability + CEO Liability
(Note 7)

FCIC-Appendix III

Page 4

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

PREMIUM LIABILITY
Premium Guarantee Per Acre =
(Note 1)

Yield
*
(Field 31)
(Note 2)

Coverage Level
(Field 34)

For Cabbage (except processing) and Potatoes (Certified Seed) and Hawaii Tropical Fruit
with the 125% Acreage Limitation then:
Guarantee Per Acre = (Yield * Coverage Level) * Yield Conversion Factor
(Field 35)
(Field 31) (Field 34)
(Field 44)
(Note 1)
(Note 1)
(Round to 3 decimals)
(Round to 2 decimals for Hawaii Tropical Fruit)
Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Field 37)
(Note 2)
(Note 1)
(Note 3)
Premium Liability = Premium Guarantee * Price Election Amount * Insured Share
(Note 7)
(Note 2)
(Field 39)
(Field 41)

If CE Option Selected (Does NOT Apply to Prevented Planting):
CE Option Coverage Factor = ((CEO Coverage Level / MPCI Coverage Level) – 1)
(Note 13)
CEO Premium Liability = Premium Liability * CE Option Coverage Factor
(Note 7)
Premium Liability (Total) = Premium Liability + CEO Premium Liability
(Note 7)

PREMIUM LIABILITY For PEANUTS
Premium Guarantee Per Acre =
(Note 1)

Yield
*
(Field 31)
(Note 2)

Coverage Level
(Field 34)

Premium Guarantee = Premium Guarantee Per Acre
* Reported Acres
(by practice or type if different for the unit)
(For the Unit unless GPA is different by practice or type)
(Field 37)
(Note 2)
(Note 1)
(Note 3)
Premium Liability = Premium Guarantee
(Contracted or Non-Contracted
Pounds by Price)

(Note 7)

FCIC-Appendix III

(Note 2)

* Price Election Amount
* Insured Share
(Contract Price times price election %
[up to maximum contract price] for
applicable contracted pounds or
Non-contract price times price election %)
(Field 39)
(Field41)

Page 5

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

CONTINUOUS RATE CALCULATION
Note: The following capping procedure is intended to keep a producer’s base premium rate including the residual factor from
exceeding 20% more than what this year’s insurance choices would have been last year given this year’s rate yield and coverage
level selection. It is not intended to cap a producer’s actual premium from last year as his or her APH may have changed as well
as the coverage level elected.
Current Year’s Yield Ratio = Rate Yield/Current Year’s Reference Yield
(Field 85)
(Note 14)
(Note 2)
Current Year’s Continuous Rating Base Rate = (Current Year’s Yield Ratio ** Current Year’s Exponent) *
(Note 12)
(Note 11)
Current Year’s Reference Rate + Current Year’s Fixed Rate Load
Current Year’s Adjusted Continuous Rating Base Rate = Greater of: ((Current Year’s Continuous Rating Base Rate +
(Field 46)
Additional Coverage Rate) * Multiplicative Factor) OR Designated Rate
(Note 10)
Current Year’s Continuous Rating Base Premium Rate = Current Year’s Adjusted Continuous Rating Base Rate *
(Note 10)
Coverage Level Rate Differential * Residual Factor
Adjusted Yield Span Base Rate = Greater of: ((Yield Span Base Rate + Additional Coverage Rate) *
(Field 46)
Multiplicative Factor) OR Designated Rate
(Note 10)
Capped Adjusted Yield Span Base Premium Rate = Adjusted Yield Span Base Rate * Prior Year’s Coverage Level Rate
(Note 12)
Differential * 1.20
Prior Year’s Yield Ratio = Rate Yield / Prior Year’s Reference Yield
(Field 85)
(Note 14)
(Note 2)
Prior Year’s Continuous Rating Base Rate = (((Prior Year’s Yield Ratio ** Prior Year’s Exponent) *
(Note 12)
(Note 11)
Prior Year’s Reference Rate + Prior Year’s Fixed Rate Load)
Prior Year’s Adjusted Continuous Rating Base Rate = Greater of: ((Prior Year’s Continuous Rating Base Rate +
(Field 46)
Additional Coverage Rate) * Multiplicative Factor) OR Designated Rate
(Note 10)
Capped Prior Year’s Adjusted Continuous Rating Base Premium Rate = Prior Year’s Adjusted Continuous Rating Base
(Note 10)
Rate * Prior Year’s Coverage Level Rate Differential * Prior Year’s Residual Factor * 1.20

Base Premium Rate = lower of: (Current Year’s Continuous Rating Base Premium Rate, Capped Adjusted Yield Span
(Field 45)
Base Premium Rate, Capped Prior Year’s Adjusted Continuous Rating Base Premium Rate, or .999)
(Note 10)

FCIC-Appendix III

Page 6

RY2008

May 31, 2007

Exhibit 11 – 11
Type 11 - APH Guarantee/Liability/Premium Calculations

FCIC-Appendix III

Edit Description

PRELIMINARY TOTAL PREMIUM CALCULATION
Preliminary Total Premium = Premium Liability * Base Premium Rate * Unit Factor(s) * Optional Coverage Factor(s) *
(Field 45)
(Note 7)
(Note 7)
(Note 10)
Experience Factor * (1.00 + Premium Rate Surcharge)
(Field 51)
(Field 52)

TOTAL PREMIUM CALCULATION
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

PRODUCER PREMIUM AND SUBSIDY CALCULATION
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

Note: See Note 12 of exhibit 11-11 page 1 - Round to 8 decimal places, including each interim step.
Note: Current Year’s Yield Ratio and Prior Year’s Yield Ratio Cup at 0.50 and Cap at 1.50
Note: Additional Coverage Rate default .000
Note: Multiplicative Factor default 1.000
Note: Base Premium Rate maximum value .999
Note: Designated Rate default 0.000
Note: Optional Coverage factor(s) if multiple factors, are valid
Note: Unit Factor(s) for enterprise the basic unit discount (ADM K) and enterprise unit
discount (Unit Premium Adjustment factor ADM WC) will apply

FCIC-Appendix III

Page 7

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
31

Picture

Rounding

Description

9(08)V9(02)

Yield reported.

Coverage Level
CEO Coverage
Level
CEO Coverage
Factor

34
79

9(01)V9(04)
9(01)V9(04)

Nearest tenth for
barrels or tons,
nearest whole
number for other
units of measure.
None
None

Internal

9(01)V9(05)

Round to 5 decimal
places

((CEO Coverage Level/MPCI Coverage
Level) – 1)

CEO Liability

Internal

9(10)

Nearest Whole
Dollar

Liability times CEO Coverage Factor

CEO Premium
Liability
Guarantee
Reduction Factor
Guarantee Per Acre

Internal

9(10)

36

V9(03)

Nearest Whole
Dollar
None

Premium Liability times CEO Coverage
Factor
Guarantee reduction factor. See Exhibit 111.

35

9(08)V9(02)

Guaranteed yield per acre with late or
prevented planting reduction applied if
applicable.

Reported Acres

37

9(06)V9(02)

Nearest whole
pound, nearest
hundredths for
tonnage crops, or
nearest tenth for
other units of
measure.
To hundreths for
Tobacco, to tenths
for all other crops.

Total Guarantee

38

9(08)V9(02)

Total guaranteed yield for the current
acreage line (Type 11) after any late or
prevented planting reductions are taken.

Price Election
Amount

39

9(04)V9(04)

Nearest tenth for
barrels or tons,
nearest whole
number for all other
units of measure.
None

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole
Dollar

Premium Guarantee
Per Acre

Internal

9(08)V9(02)

Nearest whole pound
or nearest tenth for
other units of
measure.

Yield

FCIC-Appendix III

Page 8

50, 55, 60, 65, 70, 75, 80 & 85
55, 60, 65, 70, 75, 80 & 85 if CEO selected

Number of acres reported.

Price election submitted with percent
election applied. If CEO is elected, must be
100% of MPCI price.
Insured share reported.
Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage, with any yield reductions, if
applicable. This field is based on the CEO
Coverage Level, if elected. See Note A.
Guaranteed yield per acre without any late
or prevented planting reductions. It is used
as the basis for premium calculation.

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
Internal

Picture

Rounding

Description

9(08)V9(02)

Total guaranteed yield for the current
acreage line (Type 11) without any late or
prevented planting reductions. Used for the
premium calculation.

Premium
Liability

Internal

9(10)

Nearest tenth for
barrels or tons,
nearest whole
number for all other
units of measure.
Nearest Whole
Dollar

Rate Yield

85

9(08)V9(02)

Current Year’s
Reference Yield
Current Year’s
Yield Ratio

Internal

9(05)V9(02)

Internal

9(07)V9(02)

Round to 2 decimal
places.

Current Year’s
Exponent

Internal

9(02)V9(03)

None

Current Year’s
Reference Rate

Internal

9(01)V9(03)

None

Current Year’s
Fixed Rate Load

Internal

9(01)V9(03)

None

Current Year’s
Continuous Rating
Base Rate
Additional Coverage
Rate

Internal

V9(08)

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step.
None

Premium Guarantee

FCIC-Appendix III

Nearest tenth for
barrels or tons,
nearest whole
number for other
units of measure.
None

Page 9

Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage without any yield reductions due to
late or prevented planting. Used for the
premium calculations. This field is based
on CEO Coverage Level, if elected. See
Note A.
Rate yield reported. This yield is used to
determine the correct rate and may be the
same as the approved yield. Must match
rate yield on the record type 15.
Reference yield from ADM 1C.
Rate yield divided by the current year
reference yield, CUP at 0.50 and CAP at
1.50.
The power (exponent ADM 1C) that yield
ratio is raised in calculation of current
year’s uncapped base premium rate.
Reference rate from ADM 1C used in the
calculation of current year’s continuous
rating base rate.
Fixed rate load from ADM 1C used in the
calculation of current year’s continuous
rating base rate.
The result of current year’s yield ratio,
exponent, reference rate and fixed rate load.
If Common Option Codes (field 49) rate
method is equal to “A”, the rate is from the
ADM K. If map area (high risk) is not
equal to spaces, the high risk rate from
ADM F if rate method equal to “A”. Add
endorsement rate and high risk rate if
applicable. Otherwise default is 0.000.

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
Internal

Picture

Rounding

Description

9(02)V9(03)

None

Designated Rate

Internal

9(01)V9(03)

None

Current Year’s
Adjusted
Continuous Rating
Base Rate

Internal

V9(08)

Round to 8 decimal
places, including
each interim step.

Coverage Level
Rate Differential
Residual Factor

Internal

9(01)V9(03)

None

Internal

9(01)V9(03)

None

Current Year’s
Continuous Rating
Base Premium Rate
Yield Span Base
Rate
Adjusted Yield Span
Base Rate

Internal

V9(08)

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step.
None

Internal

V9(08)

Round to 8 decimal
places, including
each interim step.

Prior Year’s
Coverage Level
Rate Differential

Internal

9(01)V9(03)

None

If the map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “M”. If equal to spaces
the default is 1.000.
If map area (high risk) is not equal to
spaces, fixed rate from ADM F used in
calculation of adjusted base rate if rate
method equal to “F”.
The greater of ((current year’s continuous
rating base rate + additional coverage rate)
* multiplicative factor) or designated rate.
Report this value in the Preliminary Base
Rate (field 46) if it was used to determine
the Base Premium Rate that was reported.
Coverage level rate differential from ADM
2.
The residual factor from ADM2 by
coverage level if applicable. If residual
factor does not apply default to 1.000. For
basic (BU) and optional (OU) units the
factor will be used as is from the ADM2.
For enterprise (EU) the factor will be onehalf of the ADM2 factor rounded to the
third decimal. If the ADM 2 does not have
a residual factor to adjust for the enterprise
coverage level selected then the adjusted
residual factors by coverage level are:
65%=1.000, 70%=1.028, 75%=1.055,
80%=1.083, 85%=1.110.
The result of current year’s adjusted
continuous rating base rate * coverage level
rate differential.
Prior year’s base premium rate from ADM
1C for Rate Yield.
The greater of ((yield span base rate +
additional coverage rate) * multiplicative
factor) or designated rate. Report this value
in the Preliminary Base Rate (field 46) if it
was used to determine the Base Premium
Rate that was reported.
Prior year’s coverage level rate differential
from ADM 2.

Multiplicative
Factor

FCIC-Appendix III

Page 10

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
Internal

Picture

Rounding

Description

V9(08)

Round to 8 decimal
places, including
each interim step.

Prior Year’s
Reference Yield

Internal

9(05)V9(02)

None

Adjusted yield span base rate * prior year’s
coverage level rate differential * 1.20. If the
chosen county has no prior year’s yield and
rate elements, this calculation will equal
.999.
Prior year’s reference yield from ADM 1C.

Prior Year’s Yield
Ratio

Internal

9(07)V9(02)

Round to 2 decimal
places.

Prior Year’s
Exponent

Internal

9(02)V9(03)

None

Prior Year’s
Reference Rate

Internal

9(01)V9(03)

None

Prior Year’s Fixed
Rate Load

Internal

9(01)V9(03)

None

Prior Year’s
Continuous Rating
Base Rate
Prior Year’s
Adjusted
Continuous Rating
Base Rate

Internal

V9(08)

Internal

V9(08)

Round to 8 decimal
places, including
each interim step.
Round to 8 decimal
places, including
each interim step.

Prior Year’s
Residual Factor

Internal

9(01)V9(03)

Field Name
Capped Adjusted
Yield Span Base
Premium Rate

FCIC-Appendix III

None

Page 11

Rate yield divided by the prior year’s
reference yield, CUP at 0.50 and CAP at
1.50.
The power (exponent ADM 1C) that prior
year’s yield ratio is raised in calculation of
prior year’s continuous rating base rate.
Prior year’s reference rate from ADM 1C
used in the calculation of prior year’s
continuous rating base rate.
Prior year’s fixed rate load from ADM 1C
used in the calculation of prior year’s
continuous rating base rate.
The result of prior year’s yield ratio,
exponent, reference rate, and fixed rate
load.
The greater of ((prior year’s continuous
rating base rate + additional coverage rate)
* multiplicative factor) or designated rate.
Report this value in the Preliminary Base
Rate (field 46) if it was used to determine
the Base Premium Rate that was reported.
The prior year residual factor from ADM2
by coverage level if applicable. If factor
does not apply default to 1.000. For basic
(BU) and optional (OU) units the factor will
be used as is from the ADM2. For
enterprise (EU) the factor will be one-half
of the ADM2 factor rounded to the third
decimal. If the ADM 2 does not have a
prior year residual factor to adjust for the
enterprise coverage level selected then the
adjusted residual factors by coverage level
are: 65%=1.000, 70%=1.028, 75%=1.055,
80%=1.083, 85%=1.110.

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
Internal

Picture

Rounding

Description

V9(08)

Round to 8 decimal
places, including
each interim step.

The result of prior year’s adjusted
continuous rating base rate * prior year’s
coverage level rate differential * 1.20

45

V9(08)

Round to 8 decimal
places, including
each interim step.

Unit Factor(s)

Internal

9(01)V9(03)

None

The lower of current year’s continuous
rating base premium rate, capped yield span
base premium rate, capped prior year’s
adjusted continuous rating base premium
rate, or .999.
The option factor from ADM K for OU and
BU, ADM WC for EU. For enterprise the
basic unit (BU) factor and enterprise unit
(EU) factor (Unit Premium Adjustment
Factor) will apply.

Optional Coverage
Factor(s)

Internal

9(01)V9(03)

None

Experience Factor
Premium Rate
Surcharge

51
Internal

9(01)V9(02)
9(01)V9(02)

None
None

Total Premium

62

9(10)

Whole Dollar

Multiple Cropping
Factor

Internal

V9(02)

None

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole
Dollar

Capped Prior Year’s
Adjusted
Continuous Rating
Base Premium Rate
Base Premium Rate

FCIC-Appendix III

Page 12

If Common Option Codes (Field 49) do not
equal spaces, the Option Factor from ADM
K. If Common Option Codes are spaces,
the Option Coverage Factor(s) = 1.000.
Round to 3 decimal places when multiple
factors are used to determine this value.
Experience Factor reported.
If the Premium Rate Surcharge Flag
(Field 52) is Y, the Premium Rate
Surcharge = 0.05. If the Premium Rate
Surcharge Flag equals spaces, the Premium
Rate Surcharge = 0.00.
Unsubsidized premium. This field is
based on CEO coverage level , if elected.
Factor used to adjust indemnity and
prevented planting indemnity (based on flag
in field 89) to comply with ARPA
legislation on double cropping and
prevented planting.
Subsidy Factor determined using Exhibit
11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer). This field is based on
CEO coverage level , if elected.

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Indexed APH Crop
Insurance Plan Code 96
Silage Sorghum (0059)
Note: CEO (option code CE) does NOT apply to Silage Sorghum.
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN

GUARANTEE PER ACRE
Guarantee Per Acre = Yield
*
(Field 35)
(Field 31)
(Note 11)
(Note 5)

Coverage Level
(Field 34)

If Late Planting applies, then:
Guarantee Per Acre = (Yield
* Coverage Level)
(Field 35)
(Field 31)
(Field 34)
(Note 11)
(Note 5)

* Guarantee Reduction Factor
(Field 36)

If Prevented Planting applies, then:
Guarantee Per Acre = (Yield
* Coverage Level) * Guarantee Reduction Factor
(Field 35)
(Field 31)
(Field 34)
(Field 36)
(Note 11)
(Note 5)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 5)
(Note 11)
(Note 5)

LIABILITY
Liability = Total Guarantee * Price Election Amount * Insured Share
(Field 42)
(Field 38)
(Field 39)
(Field 41)
(Note 7)
(Note 5)

FCIC-Appendix III

Page 13

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

PREMIUM LIABILITY
Premium Guarantee Per Acre = Yield
(Note 11)
(Field 31)
(Note 5)

*

Coverage Level
(Field 34)

Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Note 5)
(Note 11)
(Field 37)
(Note 5)
Premium Liability = Premium Guarantee * Price Election Amount * Insured Share
(Note 7)
(Note 5)
(Field 39)
(Field 41)

CONTINUOUS RATE CALCULATION
Yield Ratio = Average Yield
/ Silage Sorghum County Average Yield
(Note 11)
(Type 15 Field 85)
(Type 11 Field 55)
(Note 5)
(Note 5)

Preliminary Base Rate = [Round (EXP(Beta 1 +
(Field 46) (Note 12)
Round (Beta2 * Ln(Yield Ratio * 100),8) +
Round (Beta3 * Ln(Yield Ratio * 100) * Ln(Yield Ratio * 100),8) +
Round (Beta4 * Ln(round((Premium Guarantee Per Acre / Rate Yield),2) * 100),8) +
Round (Beta5 * Ln(round((Premium Guarantee Per Acre / Rate Yield),2) * 100) *
Ln(round((Premium Guarantee Per Acre / Rate Yield),2) * 100),8) +
Round (Beta 6 * Ln(round((Premium Guarantee Per Acre / Rate Yield),2) * 100) *
Ln(Yield Ratio * 100),8)) / 100,8)]

Adjusted Base Rate = Greater of: (Preliminary Base Rate + Additional Coverage Rate) * Multiplicative Factor
(Note 12)
OR
Designated Rate

Base Premium Rate = Adjusted Base Rate
(Field 45)
(Note 10)
(Note 10)

FCIC-Appendix III

Page 14

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

PRELIMINARY TOTAL PREMIUM CALCULATION
Preliminary Total Premium = Premium Liability * Base Premium Rate * Unit Factor(s) * Optional Coverage Factor(s)
(Field 45)
(Note 7)
(Note 7)
(Note 10)

TOTAL PREMIUM CALCULATION
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

PRODUCER PREMIUM AND SUBSIDY CALCULATION
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

Note: See Note 12 of exhibit 11-11 page 1 - Round to 8 decimal places, including each interim step.
Note: Yield Ratio Cup at 0.35 and Cap at 2.00
Note: Additional Coverage Rate default .000
Note: Multiplicative Factor default 1.000
Note: Designated Rate default 0.000
Note: Optional Coverage factor(s) if multiple factors, are valid
Note: Unit Factor(s) for the basic units and optional units (ADM K) will apply

FCIC-Appendix III

Page 15

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Picture

Rounding

Description

Yield

Field
Number
31

9(08)V9(02)

Nearest tenth.

Coverage Level

34

9(01)V9(04)

None

Yield reported. Must match Approved
Yield on Type 15 record.
50, 55, 60, 65, 70, 75

Guarantee
Reduction Factor
Guarantee Per Acre

36

V9(03)

None

35

9(08)V9(02)

Nearest tenth.

Reported Acres

37

9(06)V9(02)

To tenths.

Total Guarantee

38

9(08)V9(02)

Nearest tenth.

Price Election
Amount
Insured Share
Liability

39

9(04)V9(04)

None

41
42

9(01)V9(03)
9(10)

None
Nearest Whole
Dollar

Premium Guarantee
Per Acre

Internal

9(08)V9(02)

Nearest tenth.

Premium Guarantee

Internal

9(08)V9(02)

Nearest tenth.

Premium
Liability

Internal

9(10)

Nearest Whole
Dollar

IP / IIP & Silage
Sorghum County
Average Yield
Yield Ratio

55

9(07)V9(01)

Rounded to tenths.

Internal

9(07)V9(02)

Round to hundredths.

Beta 1

Internal

9(02)V9(09)

None

Beta 2

Internal

9(02)V9(09)

None

Beta 3

Internal

9(02)V9(09)

None

FCIC-Appendix III

Page 16

Guarantee reduction factor. See Exhibit 111.
Guaranteed yield per acre with late or
prevented planting reduction applied if
applicable.
Number of acres reported.
Total guaranteed yield for the current
acreage line (Type 11) after any late or
prevented planting reductions are taken.
Price election submitted with percent
election applied.
Insured share reported.
Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage, with any yield reductions, if
applicable.
Guaranteed yield per acre without any late
or prevented planting reductions. It is used
as the basis for premium calculation.
Total guaranteed yield for the current
acreage line (Type 11) without any late or
prevented planting reductions. Used for the
premium calculation.
Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage without any yield reductions due to
late or prevented planting. Used for the
premium calculations.
The average of the annual county yields
from the FCI-35 for the same years the
producer reported actual yields.
Average Yield divided by Silage Sorghum
County Average Yield. Cup at 0.35 Cap at
2.00.
Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
RY2008

June 28, 2007

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

Beta 4

Internal

9(02)V9(09)

None

Rate Yield

85

9(08)V9(02)

Nearest tenth.

Beta 5

Internal

9(02)V9(09)

None

Beta 6

Internal

9(02)V9(09)

None

Preliminary Base
Rate

46

V9(08)

Additional Coverage
Rate

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step
None

Multiplicative
Factor

Internal

9(02)V9(03)

None

Designated Rate

Internal

9(01)V9(03)

None

Base Premium Rate

45

V9(08)

Unit Factor

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step.
None

Optional Coverage
Factor(s)

Internal

9(01)V9(03)

Round to 3 decimals

Preliminary Total
Premium

Internal

9(10)

Whole Dollar

FCIC-Appendix III

Page 17

FCIC- Appendix III

calculation.
Factor from ADM V/I record used in rate
calculation.
Rate yield reported. This yield is used to
determine the correct rate and may be the
same as the approved yield. Must match
rate yield on the record type 15.
Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
calculation.
The result of the Silage Sorghum rate
formula.
If map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “A”. Otherwise
default is 0.000.
If the map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “M”. If equal to spaces
the default is 1.000.
If map area (high risk) is not equal to
spaces, fixed rate from ADM F used in
calculation of adjusted base rate if rate
method equal to “F”.
Equal to the Adjusted Base Rate.

The option factor from ADM K for OU and
BU.
If Common Option Codes (field 49) does
not equal spaces, the option factor from
ADM K. If Common Option Codes are
spaces, the Option Coverage Factor =
1.000. Round to 3 decimal places when
multiple factors are used to determine this
value.
Unsubsidized premium before any
adjustment for the Multiple Cropping
Factor.

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – Indexed APH Guarantee/Liability/Premium Calculation
Edit Description

FCIC- Appendix III

Field
Number
62

Picture

Rounding

Description

9(10)

Unsubsidized Premium.

Multiple Cropping
Factor

Internal

V9(02)

Nearest Whole
Dollar
None

Subsidy Factor

Internal

V9(03)

None

Subsidy

Field 63

9(10)

Producer Premium

Field 68

9(10)

Nearest Whole
Dollar
Nearest Whole
Dollar

Total Premium

FCIC-Appendix III

Page 18

Factor used to adjust indemnity and
prevented planting indemnity (based on flag
in field 89) to comply with ARPA
legislation on double cropping and
prevented planting.
Subsidy Factor determined using Exhibit
11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

Sweet Potatoes (0085)
Insurance Plan Code 92
Note: CEO (option code CE) does NOT apply to Sweet Potatoes.
Prevented Planting does NOT apply to Sweet Potatoes.
Late Planted acreage must be reported as uninsurable acreage.
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN
MISREPORTED INFORMATION FACTOR APPLIES TO THIS PLAN CODE

GUARANTEE PER ACRE
Guarantee Per Acre = Yield
*
(Field 35)
(Field 31)
(Note 5)
(Note 6)

Coverage Level
(Field 34)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 6)
(Note 5)
(Note 5)

LIABILITY
Liability = Total Guarantee * Price Election Amount * Insured Share
(Field 42)
(Field 38)
(Field 39)
(Field 41)
(Note 7)
(Note 6)

FCIC-Appendix III

Page 19

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

PREMIUM LIABILITY
Premium Guarantee Per Acre = Yield
(Note 5)
(Field 31)
(Note 6)

*

Coverage Level
(Field 34)

Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Note 6)
(Note 5)
(Field 37)
(Note 5)
Premium Liability = Premium Guarantee * Price Election Amount * Insured Share
(Note 7)
(Note 6)
(Field 39)
(Field 41)

CONTINUOUS RATE CALCULATION
Preliminary Base Rate = (EXP(ROUND(Beta 1,8) +
(Field 46) (Note 12)
ROUND(Beta 2 * LN(MAX(65,Rate Yield)),8) +
ROUND(Beta 3 * LN(MAX(65, Rate Yield)) * LN(MAX(65, Rate Yield)),8) +
ROUND(Beta 4 * LN(Round((Premium Guarantee Per Acre / Rate Yield),2) * 100),8) +
ROUND(Beta 5 * LN(Round((Premium Guarantee Per Acre / Rate Yield),2) * 100) *
LN(Round((Premium Guarantee Per Acre / Rate Yield),2) * 100),8) +
ROUND(Beta 6 * LN(MAX(65,Rate Yield)) * LN(Round((Premium Guarantee Per Acre / Rate
Yield),2) * 100),8))) / 100

Adjusted Base Rate = Greater of: (Preliminary Base Rate + Additional Coverage Rate) * Multiplicative Factor
(Note 12)
OR
Designated Rate

Base Premium Rate = Adjusted Base Rate
(Field 45)
(Note 10)
(Note 10)

FCIC-Appendix III

Page 20

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

PRELIMINARY TOTAL PREMIUM CALCULATION
Preliminary Total Premium = Premium Liability * Base Premium Rate * Unit Factor* Optional Coverage
(Note 7)
(Note 7)
(Field 45)
Factor(s)
(Note 10)

TOTAL PREMIUM CALCULATION
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

PRODUCER PREMIUM AND SUBSIDY CALCULATION
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

Note: See Note 12 of exhibit 11-11 page 1 - Round to 8 decimal places, including each interim step.
Note: Yield Rate Cup at 65.0.
Note: Additional Coverage Rate default .000
Note: Multiplicative Factor default 1.000
Note: Designated Rate default 0.000
Note: Optional Coverage factor(s) if multiple factors, are valid
Note: Unit Factor for the basic units must equal 1.000.

FCIC-Appendix III

Page 21

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Picture

Rounding

Description

Yield

Field
Number
31

9(08)V9(02)

Coverage Level

34

9(01)V9(04)

Nearest Whole
Number
None

Yield reported. Must match Approved
Yield on Type 15 record.
50, 55, 60, 65, 70 & 75

Guarantee Per Acre

35

9(08)V9(02)

Nearest tenth.

Guaranteed yield per acre.

Reported Acres

34

9(06)V9(02)

Nearest tenth.

Total Guarantee

38

9(08)V9(02)

Price Election
Amount
Insured Share
Liability

39

9(04)V9(04)

Nearest Whole
Number
None

41
42

9(01)V9(03)
9(10)

None
Nearest Whole
Dollar

Premium Guarantee
Per Acre
Premium Guarantee

Internal

9(08)V9(02)

Nearest tenth.

Internal

9(08)V9(02)

Nearest Whole
Number

Premium
Liability

Internal

9(10)

Nearest Whole
Dollar

Beta 1

Internal

9(02)V9(08)

None

Beta 2

Internal

9(02)V9(08)

None

Number of acres reported.
Total guaranteed yield for the current
acreage line (Type 11).
Price election submitted with percent
election applied.
Insured share reported.
Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage.
Guaranteed yield per acre. It is used as the
basis for premium calculation.
Total guaranteed yield for the current
acreage line (Type 11). Used for the
premium calculation.
Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage. Used for the premium
calculations.
Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
calculation.

FCIC-Appendix III

Page 22

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Picture

Rounding

Description

Beta 3

Field
Number
Internal

9(02)V9(08)

None

Beta 4

Internal

9(02)V9(08)

None

Rate Yield

85

9(08)V9(02)

Nearest whole
number

Beta 5

Internal

9(02)V9(08)

None

Beta 6

Internal

9(02)V9(08)

None

Preliminary Base
Rate

Field 46

V9(08)

Additional Coverage
Rate

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step
None

Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
calculation.
Rate yield reported. This yield is used to
determine the correct rate and may be the
same as the approved yield. Must match
rate yield on the record type 15.
Factor from ADM V/I record used in rate
calculation.
Factor from ADM V/I record used in rate
calculation.
The result of the Sweet Potato rate formula.

Multiplicative
Factor

Internal

9(02)V9(03)

None

Designated Rate

Internal

9(01)V9(03)

None

Base Premium Rate

Field 45

V9(08)

Unit Factor

Internal

9(01)V9(03)

Round to 8 decimal
places, including
each interim step.
None

Optional Coverage
Factor(s)

Internal

9(01)V9(03)

Round to 3 decimals

Preliminary Total
Premium

Internal

9(10)

Whole Dollar

FCIC-Appendix III

Page 23

If map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “A”. Otherwise
default is 0.000.
If the map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “M”. If equal to spaces
the default is 1.000.
If map area (high risk) is not equal to
spaces, fixed rate from ADM F used in
calculation of adjusted base rate if rate
method equal to “F”.
Equal to the Adjusted Base Rate.

The unit option code must be BU and the
option factor must be 1.000.
If Common Option Codes (field 49) does
not equal spaces, the option factor from
ADM K. If Common Option Codes are
spaces, the Option Coverage Factor =
1.000. Round to 3 decimal places when
multiple factors are used to determine this
value.
Unsubsidized premium before any
adjustment for the Multiple Cropping
Factor.

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Alternatively Rated APH Crop Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
Field 62

Picture

Rounding

Description

9(10)

Unsubsidized Premium.

Multiple Cropping
Factor

Internal

V9(02)

Nearest Whole
Dollar
None

Subsidy Factor

Internal

V9(03)

None

Subsidy

Field 63

9(10)

Producer Premium

Field 68

9(10)

Nearest Whole
Dollar
Nearest Whole
Dollar

Total Premium

FCIC-Appendix III

Page 24

Factor used to adjust indemnity (based on
flag in field 89) to comply with ARPA
legislation on double cropping.
Subsidy Factor determined using Exhibit
11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Dollar Amount of Insurance Crops
(Insurance Plan Code 50)
Florida Citrus: Citrus I (0245)
Citrus II (0246)
Citrus III (0247)
Citrus V (0249)
Citrus VI (0250)
Citrus VII (0251)
Citrus Trees (See Exhibit 11-2 for crop codes)
Forage Seeding (0032)
Macadamia Trees (0024)
Peppers (0083)
Raisins (0037)**
Fresh Market Sweet Corn (0044)
Fresh Market Tomatoes (0086)

Citrus IV (0248)

MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN
See Informational Memorandum R & D 99-036 for applicable states, plans of insurance & crop year.

DOLLAR AMOUNT OF INSURANCE
Dollar Amount of Insurance =
Ref Max Amount **
MPCI Coverage Level
(from ADM)

*

Price Election Factor
(Applicable for Florida Citrus Only)

TOTAL GUARANTEE
Total Guarantee = Dollar Amount of Insurance Per Acre * Reported Acres
(Note 7)
(Note 7)
(Note 5)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

If CE Option Selected:
CE Option Coverage Factor = ((CEO Coverage Level/MCPI Coverage Level) – 1)
CEO Liability = Liability * CE Option Coverage Factor
Liability (Total) = Liability + CEO Liability

FCIC-Appendix III

Page 25

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * MPCI Base Premium Rate * Map Factor *
(Note 7)
(Note 7)
Rate Class Option Factor * Option Factor * Experience Factor

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Note 7)
(.35)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 26

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Dollar Amount of
Insurance

32

9(08)V9(02)

Nearest Whole Dollar.

MPCI Dollar Amount of Insurance
reported. See Exhibit 11-4

Reported Acres

37

9(06)V9(02)

Number of acres reported.

CEO Coverage
Level

79

9(01)V9(04)

To Tenths.
To Hundredths for Raisins
only.
None

Internal

9(01)V9(05)

Round to 5 decimal places

CEO Coverage
Factor

55, 50, 65, 70, 75, 80 & 85 if CEO
selected
((CEO Coverage Level/MCPI
Coverage Level) – 1)

Internal

9(10)

Nearest Whole Dollar

Liability time CEO Coverage Factor

CEO Liability
Total Guarantee

38

9(08)V9(02)

Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate
Map Factor
Rate Class Option
Factor

45
Internal
50

V9(08)
9(01)V9(03)
X(20)

None
None
None

Option Factor

Internal

9(01)V9(03)

None

Experience Factor

51

9(01)V9(03)

None

Total dollar guarantee for the
current acreage line (Type 11).
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage level and share in the
acreage. This field is based on the
CEO Coverage Level, if elected.
Base Premium Rate reported.
See Exhibit 11-3.
If the Option Code (field 50) is not
equal to spaces, the Rate Class
Option Factor comes from ADM R
Rate Class Option Record. If the
Rate Class Option Code is equal to
spaces, the Type/Practice Option
Factor = 1.000.
This factor is the result of Unit
Option Code (field 48) and
Common Option Code (field 49)
from ADM O record. If not
applicable (spaces) factor equals
1.000.
Experience Factor reported.

FCIC-Appendix III

Page 27

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
62
Internal

Picture

Rounding

Description

9(10)
V9(03)

Nearest Whole Dollar
None

Multiple Cropping
Factor

Internal

V9(02)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Unsubsidized premium.
Subsidy Factor from Subsidy Factor
table on FCI-35.
Factor used to adjust indemnity and
prevented planting indemnity
(based on flag in field 89) to
comply with ARPA legislation on
double cropping and prevented
planting.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

Total Premium
Subsidy Factor

FCIC-Appendix III

Page 28

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Fixed Dollar Amount of Insurance Crops
(Insurance Plan Code 51)
Chile Peppers (0045)
Citrus (0215) - CA only

Strawberries (0110)
Cherries (0057)

MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN

DOLLAR AMOUNT OF INSURANCE = ADM Dollar Amount * Guarantee Reduction Factor
(see Special Provisions and Exhibit 11-5)

TOTAL GUARANTEE
Total Guarantee =Dollar Amount of Insurance Per Acre * Reported Acres
(Note 7)
(Note 7)
(Note 5)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * Base Premium Rate * Map Factor * Option Factor
(Note 7)
(Note 7)

FCIC-Appendix III

Page 29

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(Note 7)
(.35)
(Note 7)

PRODUCER PREMIUM
Subsidy =
Total Premium * Subsidy Factor
(Field 63)
(Field 62)
(Note 8)
(Note 7) (Note 7)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 30

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Dollar Amount of
Insurance

32

9(08)V9(02)

None

Reported Acres
Total Guarantee

37
38

9(06)V9(02)
9(08)V9(02)

To Tenths.
Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate
Map Factor
Option Factor

45
Internal
Internal

V9(08)
9(01)V9(03)
9(01)V9(03)

None
None
None

Guarantee
Reduction Factor
Total Premium
Multiple Cropping
Factor

36

V9(03)

None

62
Internal

9(10)
V9(02)

Nearest Whole Dollar
None

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Dollar Amount of Insurance from
ADM- 1-D or can be reduced
Dollar Amount if crop = 0215
Dollar Citrus in California (06) or
Cherries (0057).
Number of acres reported.
Total dollar guarantee for the
current acreage line (Type 11).
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage.
Base Premium Rate reported.
See Exhibit 11-3.
*This factor is the result of Unit
Option code (field 48) and Common
Option code (field 49). Factor
comes from ADM-O record. If not
applicable (spaces) factor equals
1.000.
Reduction Factor provided by
company.
Unsubsidized premium.
Factor used to adjust indemnity and
prevented planting indemnity
(based on flag in field 89) to
comply with ARPA legislation on
double cropping and prevented
planting.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

FCIC-Appendix III

Page 31

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Dollar Amount of Insurance Crops
(Insurance Plan Code 46)
Avocados (0019)
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN
Farmer Approved Average Revenue =
(Average Per Acre Revenue ÷ County Average Per Acre Revenue) * Long Term County Average Revenue
(Type 15 Record)
(Type 15 Record)
(ADM)

DOLLAR AMOUNT OF INSURANCE
IF COVERAGE FLAG = A:
Dollar Amount of Insurance = Farmer Approved Average Revenue * Coverage Level
(Note 7)
(Note 7)

IF COVERAGE FLAG = C:
Dollar Amount of Insurance = Farmer Approved Average Revenue * Coverage Level * .55
(Note 7)
(Note 7)

TOTAL GUARANTEE
Total Guarantee = Dollar Amount of Insurance * Reported Acres
(Note 7)
(Note 7)
(Note 5)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
IF COVERAGE FLAG = C, THEN:
Total Premium = Liability * Base Premium Rate * Unit Option Factor * (1.00 + Premium Rate Surcharge)
(Note 7)
(Note 7)
(@ 50% rate)

IF COVERAGE FLAG = A, THEN:
Total Premium = Liability * Base Premium Rate * Unit Option Factor * (1.00 + Premium Rate Surcharge)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 32

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium *
(Field 62)
(Note 7)

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 33

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
32

Picture

Rounding

Description

9(08)V9(02)

Nearest Whole Dollar.

34
37
38

9(01)V9(04)
9(06)V9(02)
9(08)V9(02)

None
To Tenths.
Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar

Base Premium Rate
Unit Option Code

45
48

V9(08)
X(02)

None
None

Total Premium

62

9(10)

Nearest Whole Dollar

Calculated Farmer Approved
Average Revenue * Coverage Level
Coverage Level reported.
Number of acres reported.
Total dollar guarantee for the
current acreage line (Type 11).
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage.
From ADM A.
If the Unit Option Code (Field 48)
is not spaces, the Option Factor
comes from ADM-O record. If the
Unit Option Code is spaces, the
Option Factor = 1.000.
Unsubsidized premium.

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Dollar Amount of
Insurance
Coverage Level
Reported Acres
Total Guarantee

FCIC-Appendix III

Page 34

Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Dollar Amount of Insurance Crops
(Insurance Plan Code 41)
Pecans (0020)
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN

DOLLAR AMOUNT OF INSURANCE
IF COVERAGE FLAG = L or A:
Dollar Amount of Insurance = Yield from the T-11 * Coverage Level Percent
(Note 7)
(Field 31)
(Field 34)
(Note 7)
IF COVERAGE FLAG = C:
Dollar Amount of Insurance = Yield from the T-11 * Coverage Level Percent * 55
(Note 7)
(Field 31)
(Field 34)
(Note 7)

GUARANTEE PER ACRE
Guarantee Per Acre = Dollar Amount of Insurance * Guarantee Reduction Factor
(Note 7)
(Note 7)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Note 7)
(Note 7)
(Note 5)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7) (Note 7)

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * Base Premium Rate * Map Factor * Option Factor
(Note 7)
(Note 7)

FCIC-Appendix III

Page 35

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Cropping Reduction Factor
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium * Subsidy Factor
(Field 62)
(Note 7)
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 36

RY2008

June 28, 2007

Exhibit 11-11
FCIC- Appendix III
Type 11 – Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
32

Picture

Rounding

Description

9(08)V9(02)

Nearest Whole Dollar.

36

V9(03)

None

35

9(08)V9(02)

Nearest Whole Dollar.

Reported Acres
Total Guarantee

37
38

9(06)V9(02)
9(08)V9(02)

To tenths.
Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate
Map Factor

45
Internal

V9(08)
9(01)V9(03)

None
None

Option Factor

Internal

9(01)V9(03)

None

Total Premium
Subsidy Factor

62
Internal

9(10)
V9(03)

Nearest Whole Dollar
None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Selected Dollar Amount of
Insurance reported.
Guarantee reduction factor.
See Exhibit 11-1.
Guarantee dollar amount of
insurance per acre.
Number of acres reported.
Total dollar guarantee for the
current acreage line (Type 11).
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage.
Base Premium Rate reported.
If the Map Area (Field 239) is not
spaces, the map factor comes from
ADMH Map Factor. If the Map
Area is spaces, the map factor =
1.000.
This factor is the result of Unit
Option Code (field 48) and
Common Option Code (field 49)
from ADM O record. If not
applicable (spaces) factor equals
1.000.
Unsubsidized premium.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

Dollar Amount of
Insurance
Guarantee
Reduction Factor
Guarantee Per Acre

FCIC-Appendix III

Page 37

RY2008

June 28, 2007
Exhibit 11-11
FCIC- Appendix III
Type 11 – Yield Base Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

YIELD BASE DOLLAR AMOUNT OF INSURANCE
(Insurance Plan Code 55)
HYBRID SEED CORN (0062)

HYBRID SEED SORGHUM (0050)

MULTI CROPPING LIMITATIONS APPLY TO THESE PLANS

Guarantee Per Acre
To Calculate Yield: (County Yield from FCI-35 * Coverage Level Percent Factor) - Minimum Payment (in bushels)
(Note 5)
Guarantee Per Acre = Yield * Price Election
(Note 7)
If Late or Prevented Planning applies, then;
Guarantee Per Acre = (Yield * Price Election) * Guarantee Reduction Factor
(Note 7)

Total Guarantee
Total Guarantee = Guarantee Per Acre * Reported Acres
(Note 7)
(Note 7)
(Note 3)

Liability
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY Total Premium
Premium Guarantee Per Acre = Yield * Price Election Amount (If HS Option elected, price should reflect
higher of MPCI or HPSE price)
Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Note 3)
Premium Liability = Premium Guarantee * Insured Share
(Note 7)
Preliminary Total Premium = Premium Liability * Base Premium Rate * Map Factor * Rate Class Option Factor *
(Note 7)
(Note 7)
Option Factor * Experience Factor

FCIC-Appendix III

Page 38

RY2008

June 28, 2007
Exhibit 11-11
FCIC- Appendix III
Type 11 - Yield Base Dollar Amount of Insurance Guarantee/Liability/Premium Calculations
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(Note 7)
(.35)
(Note 7)

Producer Premium
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 39

RY2008

June 28, 2007

Exhibit 11 - 11
FCIC- Appendix III
Type 11 - Yield Base Dollar Amount of Insurance Guarantee/Liability/Premium Calculations
Edit Description

Field Name

Field
Number
31
34
39

Picture

Rounding

Description

9(08)V9(02)
9(01)V9(04)
9(04)V9(04)

None
None
None

Internal

9(06)V9(02)

Whole Dollars

Guarantee
Reduction Factor
Adjusted Guarantee
Per Acre
Guarantee Per Acre
Reported Acres
Total Guarantee

36

V9(03)

None

County Yield from FCI-35.
50, 55, 60, 65, 70, 75
Price election submitted with price
election factor applied.
Dollar guarantee per acre without
any late or prevented planting
reductions. It is used as the basis
for premium calculation.
Guarantee reduction factor reported.

35

9(06)V9(02)

Whole Dollars

Dollar guarantee per acre.

35
37
38

9(06)V9(02)
9(06)V9(02)
9(08)V9(02)

Whole Dollars
To tenths
Nearest Whole Dollar

Premium Guarantee

Internal

9(08)V9(02)

Whole Dollars

Insured Share

41

9(01)V9(03)

None

Dollar guarantee per acre.
Number of acres reported.
Total dollar guarantee for the
current acreage line (Type 11) after
any late or prevented planting
reductions are taken.
Total dollar guarantee for the
current acreage line (Type 11)
without any late or prevented
planting reductions. It serves as a
basis for the premium calculation.
Insured share reported.

Liability

42

9(10)

Nearest Whole Dollar

Premium Liability

Internal

9(09)

Nearest Whole Dollar

Yield
Coverage Level
Price Election
Amount
Premium Guarantee
Per Acre

FCIC-Appendix III

Page 40

Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage after any reductions due to
late or prevented planting.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage without any reductions due
to late or prevented planting. This
becomes the basis for premium
calculations.

RY2008

June 28, 2007
Exhibit 11-11
FCIC- Appendix III
Type 11 – Yield Base Dollar Amount of Insurance Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
45
Internal
50

Picture

Rounding

Description

V9(08)
9(01)V9(03)
X(20)

None
None
None

Option Factor

Internal

9(01)V9(03)

None

Experience Factor

51

9(01)V9(03)

None

Base Premium Rate reported.
See Exhibit 11-3.
If the Option Code (field 50) is not
equal to spaces, the Rate Class
Option Factor comes from ADM R
Rate Class Option Record. If the
Rate Class Option Code is equal to
spaces, the Type/Practice Option
Factor = 1.000.
This factor is the result of Unit
Option Code (field 45) and
Common Option Code (field 49)
from ADM O record. If not
applicable (spaces) factor equals
1.000.
Experience Factor reported.

Total Premium
Multiple Cropping
Factor

62
Internal

9(10)
V9(02)

Nearest Whole Dollar
None

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Base Premium Rate
Map Factor
Rate Class Option
Factor

FCIC-Appendix III

Page 41

Unsubsidized premium.
Factor used to adjust indemnity and
prevented planting indemnity
(based on flag in field 89) to
comply with ARPA legislation on
double cropping and prevented
planting.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – GRP/GRIP Guarantee/Liability/Premium Calculation
Edit Description

GRP
(Insurance Plan Code 12)

FCIC-Appendix III

GRIP
(Insurance Plan Code 73)

Wheat (0011)
Cotton (0021)
Soybeans (0081)
Corn (0041)
Peanuts (0075)
Rangeland (0048)
Barley (0091)
Grain Sorghum (0051)
Forage Production (0033)

Corn (0041)
Cotton (0021)
Grain Sorghum (0051)
Soybeans (0081) Wheat (0011)

MULTI CROPPING LIMITATIONS APPLY TO THESE PLANS

DOLLAR AMOUNT OF INSURANCE
Dollar Amount of Insurance (except Rangeland) must be ≥ 60% of the Maximum Protection per Acre and
≤ 100% of the Maximum Protection per Acre.

Dollar Amount of Insurance (Rangeland) = (County Base Revenue per Acre * Coverage Level)* Price Election Percent

TOTAL GUARANTEE
Total Guarantee = Dollar Amount of Insurance * Reported Acres
(Note 7)
(Note 9)
(Note 3)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * Base Premium Rate (the ADM rate divided by 100)

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62) (Note 7)
(.35)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 42

RY2008

June 28, 2007

Field Name

Exhibit 11-11
Type 11 – GRP/GRIP Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

Field
Number
32

Picture

Rounding

Description

9(08)V9(02)

Dollars and Cents

Reported Acres
Total Guarantee

37
38

9(06)V9(02)
9(08)V9(02)

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

To tenths.
Nearest Whole Dollar.
(GRP Rangeland onlyDollars and Cents)
None
Nearest Whole Dollar.

Selected protection per acre. 60 to
100% of maximum price. CAT is
65/45.
Number of acres reported.
Total dollar guarantee for the
current acreage line (Type 11).

Base Premium Rate

45

V9(08)

None

Total Premium

62

9(10)

Nearest Whole Dollar

Multiple Cropping
Factor

Internal

V9(02)

None

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Nearest Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Dollar Amount of
Insurance

FCIC-Appendix III

Page 43

Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage.
Base Premium Rate per Dollar.
(ADM premium rate divided by
100).
Unsubsidized premium.
Factor used to adjust indemnity and
prevented planting indemnity
(based on flag in field 89) to
comply with ARPA legislation on
double cropping and prevented
planting.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
Type 11 – GRP/GRIP Guarantee/Liability/Premium Calculation
Edit Description

FCIC-Appendix III

GRP
(Insurance Plan Codes 13 & 14)
Pasture, Rangeland and Forage (0088)

DOLLAR AMOUNT OF INSURANCE (Dollar Amount of Protection Per Acre)
(Only One Dollar Amount Allowed Per County and Crop Type)
One Record for Each Grid ID, Type Code and Index Interval (Practice Code, Field 12)
Dollar Amount of Insurance = (County Base Value per Acre * Coverage Level) * Productivity Factor
(Field 32)
(Note 9)

(ADM)

(Price Election Factor, Field 43)

TOTAL GUARANTEE
Total Guarantee = Dollar Amount of Insurance * Reported Acres
(Note 7)
(Note 9)
(Note 3)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

TOTAL PREMIUM
Total Premium = Liability * Base Premium Rate (the ADM rate divided by 100)
(Field 62)
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 44

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Florida Fruit and Tropical Trees Guarantee/Liability/Premium Calculation
Edit Description

2009 Florida Fruit and Tropical Trees (0207 – 0214)
(Insurance Plan Code 40)
See Exhibit 11-2 for crop codes.
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN

TOTAL GUARANTEE
Total Guarantee = Price Election * Coverage Level * Estimated Number of Trees
(Note 7)
(Selected)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * Base Premium Rate * Proration Factor * Option Factor
(Note 7)
(Note 7)
(ADM)
(ADM)

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 45

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Florida Fruit and Tropical Trees Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
39

Picture

Rounding

Description

9(04)V9(04)

Nearest Dollar and Cents.

34
33

9(01)V9(04)
9(10)

None
None

38

9(08)V9(02)

Nearest Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate
Option Factor

45
Internal

V9(08)
9(01)V9(03)

None
None

Total Premium
Subsidy Factor

62
Internal

9(10)
V9(03)

Nearest Whole Dollar
None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Maximum price for growth stage
times price election percent.
Coverage Level reported.
Estimated number of trees by crop
code.
Total guarantee for the current
acreage line (Type 11).
Insured share reported.
This is the dollar value of the
insurance protection for the crop,
taking into account the insured’s
elected coverage levels and share.
Base Premium Rate reported.
This factor is the result of Unit
Option Code (field 45) and
Common Option Code (field 49)
from ADM O record. If not
applicable (spaces) factor equals
1.000.
Unsubsidized premium.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

Price Election
Amount
Coverage Level
Estimated Number
of Trees
Total Guarantee

FCIC-Appendix III

Page 46

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Hawaii Tropical Trees Guarantee/Liability/Premium Calculation
Edit Description

2008 Hawaii Tropical Trees (0265, 0266 and 0267)
(Insurance Plan Code 40)
See Exhibit 11-2 for crop codes.
MULTI CROPPING LIMITATIONS APPLY TO THIS PLAN

TOTAL GUARANTEE
Total Guarantee = Price Election * Coverage Level * Estimated Number of Trees * Yield Conversion Factor
(Note 7)
(Tree Reference)
(125% Tree Limitation)
Price By Age)

LIABILITY
Liability = Total Guarantee * Insured Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = Liability * Base Premium Rate * Option Factor(s)
(Note 7)
(Note 7)
(ADM)

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 47

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Hawaii Tropical Trees Guarantee/Liability/Premium Calculation
Edit Description

Field Name

Field
Number
39

Picture

Rounding

Description

9(04)V9(04)

Nearest Dollar and Cents.

34
33

9(01)V9(04)
9(10)

None
None

38

9(08)V9(02)

Nearest Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate
Option Factor

45
Internal

V9(08)
9(01)V9(03)

None
None

Total Premium
Subsidy Factor

62
Internal

9(10)
V9(03)

Nearest Whole Dollar
None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

Maximum price for growth stage
times price election percent.
Coverage Level reported.
Estimated number of trees by crop
code.
Total guarantee for the current
acreage line (Type 11).
Insured share reported.
This is the dollar value of the
insurance protection for the crop,
taking into account the insured’s
elected coverage levels and share.
Base Premium Rate reported.
This factor is the result of Unit
Option Code (field 45) and
Common Option Code (field 49)
from ADM O record and any
applicable factors from the ADM 1F record. If not applicable (spaces)
factor equals 1.000.
Unsubsidized premium.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

Price Election
Amount
Coverage Level
Estimated Number
of Trees
Total Guarantee

FCIC-Appendix III

Page 48

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Income Protection Guarantee/Liability/Premium Calculation
Edit Description

Income Protection
(Insurance Plan Code 42)
Wheat (0011)*
Grain Sorghum (0051)*

Cotton (0021)*
Soybeans (0081)*

Indexed Income Protection
(Insurance Plan Code 45)
Corn (0041)*
Barley (0091)*

Corn (0041)*

Soybeans (0081)*

*Crops where multi cropping limitations can apply

Dollar Amount of Insurance
Dollar Amount of Insurance= (Yield * Coverage Level Percent) * Price Election Amount
(Note 9)
(Note 1)
If Late or Prevented Planting applies, then;
Dollar Amount of Insurance= (Yield * Coverage Level Percent) * Price Election Amount * Guarantee Reduction Factor
(Note 9)
(Note 1)

Total Guarantee
Total Guarantee = Dollar Amount of Insurance * Acres
(Note 7)
(Note 9)

LIABILITY
Liability = Total Guarantee * Share
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Premium Dollar Amount of Insurance = (Yield * Coverage Level Percent) * Price Election Amount
(Note 9)
(Note 1)
Premium Total Guarantee = Premium Dollar Amount of Insurance * Acres
(Note 7)
(Note 9)
Premium Liability = Premium Total Guarantee * Share
(Note 7)
(Note 7)
Preliminary Total Premium = Premium Liability * Base Prem Rate * Rate Class Option Factor * Option Factor * Experience
(Note 7)
(Note 7)
Factor

FCIC-Appendix III

Page 49

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Income Protection Guarantee/Liability/Premium Calculation
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

Producer Premium
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

¹Plan Code 42 crops may go up to 85% coverage level. Plan code 45 crops may only go up to 75% coverage level.

FCIC-Appendix III

Page 50

RY2008

June 28, 2007

Field Name

Exhibit 11-11
FCIC-Appendix III
Type 11 – Income Protection Guarantee/Liability/Premium Calculation
Edit Description

Field
Number
38

Picture

Rounding

Description

9(08)V9(02)

Nearest Dollar.

Dollar Amount of
Insurance
Guarantee
Reduction Factor
Reported Acres
Liability

32

9(08)V9(02)

Nearest Dollar and Cents.

36

V9(03)

None

37
42

9(06)V9(02)
9(10)

None
Nearest Whole Dollar

Insured Share
Base Premium Rate
Option Factor

41
45
Internal

9(01)V9(03)
9(04)V9(04)
9(01)V9(03)

None
None
None

Total Premium
Multiple Cropping
Factor

62
Internal

9(10)
V9(02)

Nearest Whole Dollar
None

Subsidy Factor

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

This is the total guaranteed yield for
the current acreage line (Type 11).
Dollar Amount of Insurance
reported.
Guarantee Reduction Factor. See
Exhibit 11-1.
Number of acres reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage level and share in the
acreage after any reductions for late
or prevented planting.
Insured share reported.
Base Premium Rate reported.
This factor is the result of Unit
Option Code (field 45) and
Common Option Code (field 49)
from ADM O record. If not
applicable (spaces) factor equals
1.000.
Unsubsidized premium.
Factor used to adjust indemnity and
prevented planting indemnity
(based on flag in field 89) to
comply with ARPA legislation on
double cropping and prevented
planting.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
This is the amount of premium the
producer (farmer) will have to pay.

Total Guarantee

FCIC-Appendix III

Page 51

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Edit Description

Revenue Assurance (RA) Crops
(Insurance Plan Code 25)
Barley (0091)*
Rice (0018)*

Canola (0015)*
Soybeans (0081)*

Corn (0041)*
Cotton (0021)*
Sunflowers (0078)* Wheat (0011)*

*Crops where multi cropping limitations can apply

GUARANTEE PER ACRE
Guarantee Per Acre = Dollar Amount of Insurance
(Field 35)
(Field 32)
(Note 9)
(Note 9)

If Late or Prevented Planting applies:
Guarantee Per Acre = Dollar Amount of Insurance * Guarantee Reduction Factor
(Field 35)
(Field 32)
(Field 36)
(Note 9)
(Note 9)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 7)
(Note 9)

LIABILITY
Liability = Total Guarantee * Insured Share
(Field 42) (Field 38)
(Field 41)
(Note 7)
(Note 7)

PRELIMINARY TOTAL PREMIUM
Base
Optional
Dollar
Loaded Premium Per Acre = Premium Rate * Coverage Factor * Amount of Insurance * Residual Factor
(Field 47)
(Field 45)
(Field 32)
(Note 9)
(Note 9)
Loaded
Preliminary Total Premium = Premium Per Acre * Reported Acres * Insured Share * Unit Premium Adjustment Factor
(Internal)
(Field 37)
(Field 41)
(Optional Units only)
(Note 7)
(Note 9)

FCIC-Appendix III

Page 52

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Edit Description

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

Note:

Loaded Premium Per Acre and Base Premium Rate should be the same for all records of EU or WU unless
short rate adjustment (SR) or yield floor option codes (FO & FN), or Canola rotation (CR).
Still determine Base Premium Rate for RA according to the RA ‘programming instructions’ for 2005 using the new
APH continuous rating calculation.

FCIC-Appendix III

Page 53

RY2008

June 28, 2007

Field Name

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Edit Description

Field
Number
32

Picture

Rounding

Description

9(08)V9(02)

36

V9(03)

Nearest Dollar and
Cents.
None

35

9(08)V9(02)

Nearest Dollar and Cents.

Reported Acres
Total Guarantee

37
38

9(06)V9(02)
9(08)V9(02)

To Tenths.
Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Base Premium Rate

45

V9(08)

None

Optional Coverage
Factor(s)

Internal

9(01)V9(03)

None

Dollar Amount of Insurance
reported.
Guarantee Reduction Factor for late
or prevented planting.
Dollar amount of insurance per acre
after any reductions for late or
prevented planting.
Number of acres reported.
This is the total guaranteed yield for
the current acreage line (Type 11)
after any late or prevented planting
reductions are taken.
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage after any reductions due to
late or prevented planting.
The Base Premium Rate according
to RA programming instructions
rounded to 4 decimal places with 4
trailing zeros. Capped at .99
If Common Option Codes (field 49)
do not equal spaces, the Option
Factor from ADM K for prevented
planting and short rate adjustment.
If Common Option Codes are
spaces, the Option Coverage
Factor(s) = 1.000. Round to 3
decimal places when multiple
factors are used to determine this
value.

Dollar Amount of
Insurance
Guarantee
Reduction Factor
Guarantee Per Acre

FCIC-Appendix III

Page 54

RY2008

June 28, 2007

Field Name
Residual Factor

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Edit Description

Field
Number
Internal

Picture

Rounding

Description

9(01)V9(03)

None

The residual factor from ADM2 by
coverage level if applicable. If
residual factor does not apply
default to 1.000. For basic (BU)
and optional (OU) units the factor
will be used as is from the ADM2.
For enterprise unit (EU) the factor
will be one-half of the ADM2 factor
rounded to the third decimal. If the
ADM 2 does not have a residual
factor to adjust for the enterprise
coverage level selected then the
adjusted residual factors by
coverage levels are: 65%=1.000,
70%=1.028, 75%=1.055,
80%=1.083, 85%=1.110. For
whole farm (WU) unit the factor
will be one-third of the ADM2
factor rounded to the third decimal.
If the ADM 2 does not have a
residual factor to adjust for the
whole farm coverage level selected
then the adjusted residual factors by
coverage levels are: 65%=1.000,
70%=1.018, 75%=1.037,
80%=1.055, 85%=1.073.
The selection of Fall Harvest Price
Option WILL NOT affect the
application of residual factor.

Loaded Premium
Per Acre

47

9(04)V9(04)

Nearest Dollar and Whole
Cents

Preliminary Total
Premium
Subsidy Factor

Internal

9(10)

Nearest Whole Dollar

Internal

V9(03)

None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

FCIC-Appendix III

Page 55

The Loaded Premium Per Acre
according to RA ‘programming
instructions’. Decimal places 3rd and

4th will be zeros.
Unsubsidized preliminary premium.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Edit Description

UNIT
STRUCTURE

UNIT
PREMIUM ADJ
(Field 53)

Basic, Enterprise, Whole Farm

1.000

Optional

1.100

FCIC-Appendix III

Page 56

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Malting Barley
Edit Description

Revenue Assurance (RA)
(Insurance Plan Code 25)
Malting Barley (0091) with MA or MB Option

GUARANTEE PER ACRE
Guarantee Per Acre = Dollar Amount of Insurance
(Field 35)
(Field 32)
(Note 9)
(Note 9)

If Late applies:
Guarantee Per Acre = Dollar Amount of Insurance * Guarantee Reduction Factor
(Field 35)
(Field 32)
(Field 36)
(Note 9)
(Note 9)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 7)
(Note 9)

LIABILITY
Liability = Total Guarantee * Insured Share
(Field 42) (Field 38)
(Field 41)
(Note 7)
(Note 7)

FCIC-Appendix III

Page 57

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Malting Barley
Edit Description

TOTAL PREMIUM
Premium Guarantee Per Acre = Dollar Amount of Insurance
(Field 32)
(Note 9)
(Note 9)

Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Field 37)
(Note 7)
(Note 9)

Premium Liability = Premium Guarantee * Insured Share
(Field 41)
(Note 7)
(Note 7)

Base Premium Rate
(Field 45)
(Note 12)

Total Premium =
(Field 62)
(Note 7)

=

Base Premium Rate @ 65% *

Base Premium Rate
(Field 45)
(Note 12)

Rate Differential

* Premium Liability *

Unit Factor

*

Optional Coverage Factor(s)
* Residual Factor

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62)
(Field 63)
(Note 7)
(Note 7)
(Note 7)

Note: The Base Premium Rate according to RA ‘programming instructions’ for 2004 for Malting Barley
except for change from ‘Base Premium Rate @ 75% to ‘Base Premium Rate @ 65%’ for 2005.

FCIC-Appendix III

Page 58

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Malting Barley
Edit Description

Field Name

Field
Number
32

Picture

Rounding

Description

9(08)V9(02)

Nearest Dollar and Cents.

36

V9(03)

None

35

9(08)V9(02)

Nearest Dollar and Cents.

Reported Acres
Total Guarantee

37
38

9(06)V9(02)
9(08)V9(02)

To Tenths.
Nearest Whole Dollar.

Insured Share
Liability

41
42

9(01)V9(03)
9(10)

None
Nearest Whole Dollar.

Premium Guarantee
Per Acre
Premium Guarantee

Internal

9(08)V9(02)

Nearest Dollar and Cents.

Internal

9(08)V9(02)

Nearest Whole Dollar.

Premium Liability

Internal

9(10)

Nearest Whole Dollar.

Base Premium Rate
@ 65%

Internal

V9(08)

None

Rate Differential

Internal

9(01)V9(03)

None

Base Premium Rate

45

V9(08)

Round to 8 decimal places.

Unit Factor

Internal

9(01)V9(03)

None

Dollar Amount of Insurance
reported.
Guarantee Reduction Factor for late
planting.
Dollar amount of insurance per acre
after reduction for late planting.
Number of acres reported.
This is the total guaranteed yield for
the current acreage line (Type 11).
Insured share reported.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage.
Guarantee per acre without any
adjustment for late planting.
The total guarantee for the current
acreage line (Type 11) without any
adjustment for late planting.
Dollar value of the insurance
protection for the crop, taking into
account the insured’s elected
coverage levels and share in the
acreage without any adjustment for
late planting.
Obtained in calculations of 65%
base premium rate for APH based
on Malting Barley yield. This is a
change from past years due to 2005
APH presentation of rates.
Obtained from ADM2 based on
coverage level.
The Base Premium Rate according
to RA programming instructions.
The option factor from ADM K for
BU, OU not applicable.

Dollar Amount of
Insurance
Guarantee
Reduction Factor
Guarantee Per Acre

FCIC-Appendix III

Page 59

RY2008

June 28, 2007

Field Name

Exhibit 11-11
FCIC-Appendix III
Type 11 – Revenue Assurance Guarantee/Liability/Premium Calculation
Malting Barley
Edit Description

Field
Number
Internal

Picture

Rounding

Description

9(01)V9(03)

None

Residual Factor

Internal

9(01)V9(03)

None

Total Premium
Subsidy Factor

62
Internal

9(10)
V9(03)

Whole Dollar
None

Subsidy

63

9(10)

Whole Dollar

Producer Premium

68

9(10)

Nearest Whole Dollar

If Common Option Codes (field 49)
do not equal spaces, the Option
Factor from ADM K for ‘MA’ or
‘MB’ and other options that are
applicable to Malting Barley.
Round to 3 decimal places when
multiple factors are used to
determine this value.
The residual factor from ADM2 by
selected coverage level if
applicable. If residual factor does
not apply default to 1.000. The
factor will be used as is from the
ADM2.
Unsubsidized premium.
Subsidy Factor determined using
Exhibit 11-11, page 2.
Amount of Total Premium that is
subsidized.
Amount of premium charged to the
producer (farmer).

Optional Coverage
Factor(s)

FCIC-Appendix III

Page 60

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Crop Revenue Coverage Crops
(Insurance Plan Code 44)
Corn (0041)*
Soybeans (0081)*

Wheat (0011)*
Cotton (0021)*

Grain Sorghum (0051)*
Rice (0018)*

*Crops where multi cropping limitations can apply

GUARANTEE PER ACRE
Guarantee Per Acre = Yield
*
(Field 35)
(Field 31)
(Note 1)
(Note 2)
If Late or Prevented Planting applies, then
Guarantee Per Acre = Yield *
(Field 35)
(Field 31)
(Note 1)
(Note 2)

Coverage Level
(Field 34)

Coverage Level *
(Field 34)

Guarantee Reduction Factor
(Field 36)

TOTAL GUARANTEE
Total Guarantee = Guarantee Per Acre * Reported Acres
(Field 38)
(Field 35)
(Field 37)
(Note 2)
(Note 1)
(Note 3)

LIABILITY
Liability = Total Guarantee * Price Election Amount * Insured Share
(Field 42)
(Field 38)
(Field 39)
(Field 41)
(Note 7)
(Note 2)

FCIC-Appendix III

Page 61

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

PREMIUM LIABILITY
Premium Guarantee Per Acre =
(Note 1)

Yield
*
(Field 31)
(Note 2)

Coverage Level
(Field 34)

Premium Guarantee = Premium Guarantee Per Acre * Reported Acres
(Field 37)
(Note 2)
(Note 1)
(Note 3)
Premium Liability = Premium Guarantee * Price Election Amount * Insured Share
(Note 7)
(Note 2)
(Field 39)
(Field 41)

CONTINUOUS RATE CALCULATION
Note: The following capping procedure is intended to keep a producer’s base premium rate NOT including the residual factor
from exceeding 20% more than what this year’s insurance choices would have been last year given this year’s rate yield and
coverage level selection. It is not intended to cap a producer’s actual premium from last year as his or her APH may have
changed as well as the coverage level elected.
Current Year’s Yield Ratio = Rate Yield/Current Year Reference Yield
(Field 85)
(Note 14)
(Note 2)
Current Year’s Continuous Rating Base Rate = (Current Year’s Yield Ratio ** Current Year’s Exponent) *
(Note 12)
(Note 11)
Current Year’s Reference Rate + Current Year’s Fixed Rate Load
Current Year’s Adjusted Continuous Rating Base Rate = Greater of: ((Current Year’s Continuous Rating Base Rate +
(Field 46)
Additional Coverage Rate) * Multiplicative Factor) OR Designated Rate
(Note 10)
Current Year’s Continuous Rating Base Premium Rate = Current Year’s Adjusted Continuous Rating Base Rate *
Coverage Level Rate Differential

(Note 10)

Adjusted Yield Span Base Rate = Greater of: ((Yield Span Base Rate + Additional Coverage Rate) *
(Field 46)
Multiplicative Factor) OR Designated Rate
(Note 10)
Capped Adjusted Yield Span Base Premium Rate = Adjusted Yield Span Base Rate * Prior Year’s Coverage Level Rate
(Note 12)
Differential * 1.20
Prior Year’s Yield Ratio = Rate Yield / Prior Year’s Reference Yield
(Field 85)
(Note 14)
(Note 2)

FCIC-Appendix III

Page 62

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Prior Year’s Continuous Rating Base Rate = ((Prior Year’s Yield Ratio ** Prior Year’s Exponent) *
(Note 12)
(Note 11)
Prior Year’s Reference Rate + Prior Year’s Fixed Rate Load)

Prior Year’s Adjusted Continuous Rating Base Rate = Greater of: ((Prior Year’s Continuous Rating Base Rate +
(Field 46)
Additional Coverage Rate) * Multiplicative Factor) OR Designated Rate
(Note 10)
Capped Prior Year’s Adjusted Continuous Rating Base Premium Rate = Prior Year’s Adjusted Continuous Rating Base
(Note 10)
Rate * Prior Year’s Coverage Level Rate Differential * 1.20

Base Premium Rate = lower of: (Current Year’s Continuous Rating Base Premium Rate, Capped Adjusted Yield Span
(Field 45)
Base Premium Rate, Capped Prior Year’s Adjusted Continuous Rating Base Premium Rate, or .999)
(Note 10)
Standard Deviation =
(Note 10)

Level 50:
Level 55:
Level 60:
Level 65:
Level 70:
Level 75:
Level 80:
Level 85:

(1.44434394 * Base Premium Rate) + 0.40198673
(1.54650547 * Base Premium Rate) + 0.37456110
(1.64841058 * Base Premium Rate) + 0.34460749
(1.75040141 * Base Premium Rate) + 0.31214948
(1.85281979 * Base Premium Rate) + 0.27715584
(1.95603215 * Base Premium Rate) + 0.23953590
(2.06046206 * Base Premium Rate) + 0.19912558
(2.16664218 * Base Premium Rate) + 0.15565713

Probability Variable T = Standard Deviation / (Standard Deviation + 0.33267 * (1 - Coverage Level ))
(Note 10)
T Factor = (0.4361836 * Probability Variable T) - (0.1201676 * Probability Variable T ** 2) +
(Note 10)
(0.937298 * Probability Variable T ** 3)
Exponential Factor = (2.71828183) ** (-0.5 * ((1 - Coverage Level ) / Standard Deviation) ** 2)
(Note 10)
CRC Base Rate = 0.39894228 * Coverage Level * (1 - Base Premium Rate) * Exponential Factor * T Factor
(Note 10)

YIELD, REVENUE & PRICE CALCULATIONS
Yield Risk = Premium Guarantee Per Acre * Base Premium Rate * Price Election Amount
(Note 9)
(Note 1)
(Field 39)
Revenue Risk = Premium Guarantee Per Acre * CRC Base Rate * CRC Low Price Factor
(Note 9)
(Note 1)
Price Risk = Premium Guarantee Per Acre * Base Premium Rate * CRC High Price Factor
(Note 9)
(Note 1)

FCIC-Appendix III

Page 63

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

PRELIMINARY TOTAL PREMIUM
Preliminary Total Premium = (Yield Risk + Revenue Risk + Price Risk) * Reported Acres * Insured Share *
(Field 37)
(Field 41)
(Note 7)
(Note 9)
(Note 9)
(Note 9)
(Note 5)

Optional
Unit Factor(s) * Coverage Factor(s) * Residual Factor

*

(1.00 + Premium Rate Surcharge %)
(Field 49)

TOTAL PREMIUM
Total Premium = Preliminary Total Premium * Multi Crop Reduction Factor
(Field 62)
(.35)
(Note 7)

PRODUCER PREMIUM
Subsidy =
(Field 63)
(Note 7)

Total Premium
(Field 62)
(Note 7)

*

Subsidy Factor
(Note 8)

Producer Premium = Total Premium - Subsidy
(Field 68)
(Field 62) (Field 63)
(Note 7)
(Note 7)

Note: See Note 12 of exhibit 11-11 page 1 - Round to 8 decimal places, including each interim step.
Note: Additional Coverage Rate default .000
Note: Multiplicative Factor default 1.000
Note: Designated Rate default 0.000
Note: Base Premium Rate maximum value .999
Note: Optional Coverage factor(s) if multiple factors, are valid.
Note: Unit Factor(s) for enterprise the basic unit discount (ADMK) and enterprise unit
discount (Unit Premium Adjustment Factor ADM WC) will apply.

FCIC-Appendix III

Page 64

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Yield

31

9(08)V9(02)

Nearest whole bushel
or pound

Yield reported.

Coverage Level

34

9(01)V9(04)

None

Coverage Level reported.

Guarantee
Reduction Factor

36

V9(03)

None

Guarantee reduction factor for late or
prevented planting. See Exhibit 11-1.

Guarantee Per
Acre

35

9(08)V9(02)

Nearest whole pound.
nearest hundredths for
tonnage crops, or
tenth for bushel

Guaranteed yield per acre after any
reduction for late or prevented planting.

Reported Acres

37

9(06)V9(02)

Nearest tenth

Number of acres reported.

Total Guarantee

38

9(08)V9(02)

Nearest whole pound
or bushel

Total guaranteed yield for the current
acreage line (Type 11) after any reduction
for late or prevented planting.

Price Election
Amount

39

9(04)V9(04)

None

CRC Base Price reported.

Insured Share

41

9(01)V9(03)

None

Insured Share reported.

Liability

42

9(10)

Nearest whole dollar

Total Guarantee for the crop, taking into
account the insured’s elected coverage level
and share in the acreage after any reduction
for late or prevented planting.

Premium
Guarantee Per
Acre
Premium
Guarantee

Internal

9(08)V9(02)

Internal

9(08)V9(02)

Guaranteed yield per acre without any late
or prevented planting reductions. It is used
as the basis for premium calculation.
Total guaranteed yield for the current
acreage line (Type 11) without any late or
prevented planting reductions. Used for the
premium calculation.

Premium Liability

Internal

9(10)

Nearest whole pound
or nearest tenth for
other units of measure.
Nearest tenth for
barrels or tons,
nearest whole number
for all other units
of measure.
Nearest Whole Dollar

FCIC-Appendix III

Page 65

Dollar value of the insurance protection for
the crop, taking into account the insured’s
elected coverage levels and share in the
acreage without any yield reductions due to
late or prevented planting. Used for the
premium calculations.

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Rate Yield

85

9(08)V9(02)

Current Year’s
Reference Yield
Current Year’s
Yield Ratio

Internal

9(05)V9(02)

Nearest tenth for
barrels or tons, nearest
whole number for
other units of measure.
None

Rate yield reported. This yield is used to
determine the correct rate and may be the
same as the approved yield. Must match
rate yield on the record type 15.
Reference yield from ADM 1C.

Internal

9(07)V9(02)

Round to 2 decimal
places.

Current Year’s
Exponent

Internal

9(02)V9(03)

None

Current Year’s
Reference Rate

Internal

9(01)V9(03)

None

Current Year’s
Fixed Rate Load

Internal

9(01)V9(03)

None

Current Year’s
Continuous
Rating Base Rate
Additional
Coverage Rate

Internal

V9(08)

Internal

9(01)V9(03)

Round to 8 decimal
places, including each
interim step.
None

Rate yield divided by the current year’s
reference yield, CUP at 0.50 and CAP at
1.50.
The power (exponent ADM 1C) that yield
ratio is raised in calculation of current
year’s uncapped base premium rate.
Reference rate from ADM 1C used in the
calculation of current year’s continuous
rating base rate.
Fixed rate load from ADM 1C used in the
calculation of current year’s continuous
rating base rate.
The result of current year’s yield ratio,
exponent, reference rate and fixed rate load.

Multiplicative
Factor

Internal

9(02)V9(03)

None

Designated Rate

Internal

9(01)V9(03)

None

Current Year’s
Adjusted
Continuous
Rating Base Rate

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

FCIC-Appendix III

Page 66

If Common Option Codes (field 49) rate
method is equal to “A”, the rate is from the
ADM K. If map area (high risk) is not
equal to spaces, the high risk rate from
ADM F if rate method equal to “A”. Add
endorsement rate and high risk rate if
applicable. Otherwise default is 0.000.
If the map area (high risk) is not equal to
spaces, the high risk rate from ADM F if
rate method equal to “M”. If equal to spaces
the default is 1.000.
If map area (high risk) is not equal to
spaces, fixed rate from ADM F used in
calculation of adjusted base rate if rate
method equal to “F”.
The greater of ((current year’s continuous
rating base rate + additional coverage rate)
* multiplicative factor) or designated rate.
Report this value in the Preliminary Base
Rate (field 46) if it was used to determine
the Base Premium Rate that was reported.

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Coverage Level
Rate Differential
Current Year’s
Continuous
Rating Base
Premium Rate
Yield Span Base
Rate
Adjusted Yield
Span Base Rate

Internal

9(01)V9(03)

None

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

Coverage level rate differential from ADM
2.
The result of current year’s adjusted
continuous rating base rate * coverage level
rate differential.

Internal

9(01)V9(03)

None

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

Prior Year’s
Coverage Level
Rate Differential
Capped Adjusted
Yield Span Base
Premium Rate

Internal

9(01)V9(03)

None

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

Prior Year’s
Reference Yield
Prior Year Yield
Ratio

Internal

9(05)V9(02)

None

Internal

9(07)V9(02)

Round to 2 decimal
places.

Prior Year’s
Exponent

Internal

9(02)V9(03)

None

Prior Year’s
Reference Rate

Internal

9(01)V9(03)

None

Prior Year’s
Fixed Rate Load

Internal

9(01)V9(03)

None

Prior Year’s
Continuous
Rating Base Rate

Internal

V9(08)

Round to 8 decimal
places.

FCIC-Appendix III

Page 67

Yield span base rate from ADM 1C used to
calculate capped yield span base rate.
The greater of ((yield span base rate +
additional coverage rate) * multiplicative
factor) or designated rate. Report this value
in the Preliminary Base Rate (field 46) if it
was used to determine the Base Premium
Rate that was reported.
Prior year’s coverage level rate differential
from ADM 2.
Adjusted yield span base rate * prior year’s
coverage level rate differential capped at
1.20. If the chosen county has no prior
year’s yield and rate elements, this
calculation will equal .999.
Prior year’s reference yield from ADM 1C.
Rate yield divided by the prior year’s
reference yield, CUP at 0.50 and CAP at
1.50.
The power (exponent ADM 1C) that prior
year’s yield ratio is raised in calculation of
prior year’s continuous rating base rate.
Prior year’s reference rate from ADM 1C
used in the calculation of prior year’s
continuous rating base rate.
Prior year’s fixed rate load from ADM 1C
used in the calculation of prior year’s
continuous rating base rate.
The result of prior year’s yield ratio,
exponent, reference rate, and fixed rate
load.

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Prior Year’s
Adjusted
Continuous
Rating Base Rate

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

Capped Prior
Year’s Adjusted
Continuous
Rating Base
Premium Rate

Internal

V9(08)

Round to 8 decimal
places, including each
interim step.

The greater of ((prior year’s continuous
rating base rate + additional coverage rate)
* multiplicative factor) or designated rate.
Report this value in the Preliminary Base
Rate (field 46) if it was used to determine
the Base Premium Rate that was reported.
The result of prior year’s adjusted
continuous rating base rate * prior year’s
coverage level rate differential * 1.20.

Base Premium
Rate

45

V9(08)

Round to 8 decimal
places, including each
interim step.

The lower of current year’s continuous
rating base premium rate, capped adjusted
yield span base premium rate, capped prior
year’s adjusted continuous rating base
premium rate, or .999.

Standard
Deviation

Internal

V9(08)

Round to 8 decimal
places

According to CRC Continuous Rating
instructions.

Probability
Variable T

Internal

V9(08)

Round to 8 decimal
places

Standard Deviation/ (Standard Deviation +
0.33267 * (1-Coverage Level Percent))

T Factor

Internal

V9(08)

Round to 8 decimal
places

0.4361836 * Probability Variable T 0.1201676 * Probability Variable T ** 2 +
0.937298 * Probability Variable T ** 3

Exponential
Factor

Internal

V9(08)

Round to 8 decimal
places

(2.71828183) ** (-0.5 * ((1 - Coverage
Level Percent) / Standard Deviation) ** 2)

CRC Base Rate

Internal

V9(08)

Round to 8 decimal
places

0.398924228 * Coverage Level Percent * (1
- Base Premium Rate) * Exponential Factor
* T Factor

Yield Risk

Internal

9(04)V9(04)

Nearest Dollar &
Cents

Calculated Yield Risk.

CRC Low Price
Factor

Internal

9(04)V9(04)

None

CRC Low Price Factor on ADM-C.

Revenue Risk

Internal

9(04)V9(04)

Nearest Dollar &
Cents

Calculated Revenue Risk.

FCIC-Appendix III

Page 68

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

CRC High Price
Factor

Internal

9(04)V9(04)

None

CRC High Price Factor on ADM-C.

Price Risk

Internal

9(04)V9(04)

Nearest Dollar &
Cents

Calculated Price Risk.

Unit Factor(s)

Internal

9(01)V9(03)

None

Optional
Coverage
Factor(s)

Internal

9(01)V9(03)

None

The option factor from ADM K for OU and
BU, ADM WC for EU. For enterprise the
basic unit (BU) factor and enterprise unit
(EU) factor (Unit Premium Adjustment
Factors) will apply.
If Common Option Codes (Field 49) do not
equal spaces, the Option Factor from ADM
K. If Common Option Codes are spaces,
the Option Coverage Factor(s) = 1.000.
Round to 3 decimal places when multiple
factors are used to determine this value.

Residual Factor

Internal

9(01)V9(03)

None

The residual factor from ADM2 by
coverage level if applicable. If residual
factor does NOT apply default to 1.000.
For basic (BU) and optional (OU) units the
factor will be used as is from the ADM2.
For enterprise (EU) unit the factor will be
one-half of the ADM2 factor rounded to the
third decimal. If the ADM 2 does not have
a residual factor to adjust for the enterprise
coverage level selected then the adjusted
residual factors by coverage level are:
65%=1.000, 70%=1.028, 75%=1.055,
80%=1.083, 85%=1.110.

Premium Rate
Surcharge %

Internal

9(01)V9(02)

None

If the Premium Rate Surcharge Flag
(Field 52) is Y, the Premium Rate
Surcharge % = 0.05. If the Premium Rate
Surcharge Flag equals spaces, the Premium
Rate Surcharge % = 0.00.

Total Premium

62

9(10)

Nearest Whole Dollar

Unsubsidized CRC Risk Premium.

Multiple
Cropping Factor

Internal

V9(02)

None

Factor used to adjust indemnity and
prevented planting indemnity (based on flag
in field 89) to comply with ARPA
legislation on double cropping and
prevented planting.

FCIC-Appendix III

Page 69

RY2008

June 28, 2007

Exhibit 11-11
FCIC-Appendix III
Type 11 – Crop Revenue Coverage/Liability/Producer Premium Calculation
Edit Description

Field Name

Field
Number

Picture

Rounding

Description

Subsidy Factor

Internal

V9(03)

None

Subsidy factor determined using Exhibit 1111, page 2.

Subsidy

63

9(10)

Nearest Whole Dollar

Amount of Total Premium that is
subsidized.

Producer
Premium

68

9(10)

Nearest Whole Dollar

Amount of premium charged to the
producer (farmer).

FCIC-Appendix III

Page 70

RY2008

June 28, 2007

Exhibit 11-12

FCIC-Appendix III

YIELD REQUIREMENTS/EDITS
Insurance Plans 12, 40, 50, 51 and 73:
None

Insurance Plans 41 and 46:
Yield must match 15 record for approved yield. Yield edits occur in Type 15 record.

Insurance Plan 55:
Yield calculation is FCI-35 yield times Coverage Level Factor less minimum payment.
Yield edit: Yield must be > 0 and ≤ ADM Yield * Coverage Level Factor.

Insurance Plans 42 and 45:
Yield must match Type 15 record for approved yield. Yield edits occur in the Type 15 record. Yield must
be > 0 and fall within ADM1 R-Span rate classification.

Insurance Plan 25, 44, 90, 92 and 96:
Yield must match 15 record for approved yield. Yield edits occur in Type 15 record.

FCIC-Appendix III

Page 71

RY2008

June 28, 2007

Exhibit 11-13

FCIC-Appendix III

Unit Premium Adjustment Factor
Revenue Assurance
Basic Unit (Unit Option Code = ‘BU’)
Unit Premium Adjustment Factor = 1.000
Optional Unit (Unit Option Code = ‘OU’)
Unit Premium Adjustment Factor = 1.100
Enterprise Unit (Unit Option Code = ‘EU’) & Whole Farm Unit (Unit Option Code = ‘WU’)
Unit Premium Adjustment Factor = 1.000

CRC, Limited APH crops in Limited States & Flue Cured Tobacco in
North Carolina
Enterprise Unit (Unit Option Code = ‘EU’)
Enterprise Units are offered for CRC, limited APH crops in limited states and Flue Cured Tobacco (0229)
in North Carolina (plan code 90)
Unit Premium Adjustment Factors are in the Special Provisions on the ADM.

All Other Crops/Insurance Plans
Unit Premium Adjustment Factor must be = 0.000

Whole Farm Discount Factor
All Unit Organizations (Basic, Optional, Enterprise and Whole Farm) must = 1.000
All Other Crops/Insurance Plans
Whole Farm Discount Factor must be = 0.000

FCIC-Appendix III

Page 72

RY2008

June 28, 2007

Exhibit 11-14

FCIC-Appendix III

CODES FOR FCIC APPROVED SUPPLEMENTAL AND REINSURED POLICIES
Supplemental
Policy Name

Code

Added Coverage Endorsement
Added Price Option
Added Price Protection
Added Revenue Option
Additional Replant Payments
Added Yield Option
Area Yield Indemnity
California Almond Price Enhancement
California Citrus Fruit
Citrus Freeze Policy
Cotton Named Peril Excess Rain
C&P Tomatoes, single peril
Crop Revenue Coverage 90
Crop Revenue Coverage POP
Crop Revenue Coverage Plus
Dry Beans, single peril
Dry Beans, single peril
Forward Price Protection
GRPPlan Hail, Replant & Prev Planting
Hail Plus
Harvest Price Option
Hybrid Seed Corn, Increased Germination
Hybrid Seed Corn w/freeze date extension
Increasing Payment
MPCI 90
Market Price Plus
Multi Peril Replacement Cost
Market Value Crop Plus
Market Value Protection
Market Value Protection - Wheat
Market Value Protection - Corn
Market Value Protection - Grain Sorghum
Market Value Protection - Cotton
Protection - Soybeans
Price Option Plus
Producers Price Policy
Preferred Revenue Plan
Precision Yield Plan
Replacement Coverage
Revenue Coverage Option
Revenueplus Insurance Policy
Replant Option
Revenue Price Option
Replant Value Protection
Raisin Extra Expense & Reconditioning Cov
Raisin Reconditioning
Raisin Reconditioning
Raisin Reconditioning & Extra Expense
Raisin Reconditioning Expense
Raisin Reconditioning & Extra Expense

FCIC-Appendix III

Page 73

ACE
APO
APP
ARO
ARP
AYO
AYI
CAP
CCF
CF
CNP
CPT
CR9
CRO
CRP
DBS
DB1
FPP
GRP
HP
HPO
HS1
HS2
IP
MP9
MPP
MPR
MVC
MVP
WMV
CMV
GMV
AMV
SMV
POP
PPP
PRP
PYP
RC
RCO
RIP
RO
RPO
RVP
REE
RR
RR1
RR2
RR3
RRE

RY2008

June 28, 2007

Exhibit 11-14

FCIC-Appendix III

CODES FOR FCIC APPROVED SUPPLEMENTAL AND REINSURED POLICIES
Supplemental
Policy Name

Code

Raisin Reconditioning Policy for Packers
Sugar Beet Replant Supplemental Coverage
Sugar Beet Replant Payment
Sugar Beet Replant Payment
Sugar Beet Replant Buy-up
Sugar Beet Revenue Policy
Tomatoes, C&P
Top Dollar Named Peril
Fresh Market Tomatoes
Tomato Excess Moisture
Tomato Named Peril
Total Loss Coverage
Value Added Option
Valueplus Insurance Policy
Xtra & Harvest Price Option
Xtra Price Option

RRP
SB1
SB2
SB3
SB4
SBR
TCP
TDN
TFM
TEM
TNP
TLC
VAO
VIP
XHP
XPO

Updated 05/01/01

FCIC-Appendix III

Page 74

RY2008