Once the outlined period has ended, one of the three outcomes below will occur. The $$$$ symbols represent the predicted source of income in an average year under the cover of a Weather Certificate. If the weather certificate has been triggered, then you will receive payment automatically into your bank account 20 days after the risk period has ended.
Settlement
No Payout
$$$$
Partial Payout
Full Payout
$
On a good or average year for rainfall or temperature you will receive your predicted income from your farm.
-
$$
$$
On a below average year you will receive some income from your farm and some from your Weather Certificate, compensating you for loss of return.
-
$$$$
On a critically bad year, you would receive full compensation depending on the parameters of the certificate.
Income from
Weather Certificate
Income from Farm
Income from
Weather Certificate
Income from Farm
Income from
Weather Certificate
Income from Farm