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§ 400.13 Premium rates, amounts of protection, and coverage levels.

7 CFR 400.13

Citation7 CFR 400.13
CorpusDaily eCFR
Displayed edition2026-05-20
Last updated2026-05-20

§ 400.13 Premium rates, amounts of protection, and coverage levels.

(a) The Manager shall establish premium rates, production guarantees or amounts of insurance, coverage levels, and prices at which indemnities shall be computed for the insured crop which will be included in the actuarial documents on file in the applicable agents' office for the county and which may be changed from year to year.

(b) At the time the application for insurance is made, the applicant will elect an amount of insurance or a coverage level and price from among those contained in the actuarial documents for the crop year.