Insurable crop group Clause Samples

The "Insurable crop group" clause defines which specific crops or groups of crops are covered under an insurance policy. In practice, this clause lists the eligible crops, such as wheat, corn, or soybeans, that the insurer agrees to protect against specified risks like drought or disease. By clearly identifying the crops included, the clause ensures both parties understand the scope of coverage, thereby preventing disputes and clarifying the insurer’s liability.
Insurable crop group. (1) An insurable crop group is a group of insurable crops for which premium discounts or surcharges and performance indexes are calculated and applied. (2) An insurable crop is those crops, varieties or groups of crops that have been approved for insurance coverage by the Board and for which Schedules have been prepared and approved. (3) All acres of an insurable crop group, as identified in section 7, must be offered for insurance coverage in order to have a valid contract of insurance.
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