Short Rate - Pay 40% of the full premium since you were insured from the time the wheat was sown until March 15, 2008.
Termination Date - If 2007 Spring Crop premium is unpaid by March 15, 2008 then the insured will not be eligible for coverage the next year. 2008 wheat by September 30, 2008.
Continuous Policy - A policy remains active until canceled in writing by the insured. The policy will remain at the same level each year unless coverage level is changed on a new application by Sales Closing Date.