Risk subsidy definition

Risk subsidy means that portion of the premium for an eligible crop insurance contract paid by FCIC on behalf of the policyholder.
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Risk subsidy means that portion of the premium for an eligible livestock price insurance contract paid by FCIC on behalf of the policyholder.
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Risk subsidy means that portion of the premium for an eligible crop insurance contract paid by FCIC on behalf of the policyholder. If this situation arises, the insured can remit the additional payment to the AIP or directly to FCIC. AIPs should have due diligence to document the insured’s voluntary refusal or repayment of risk subsidy. AIPs shall reach out to the Reinsurance Accounting & Operations Branch to determine how to process the payment to FCIC. Under no circumstances should an AIP attempt to handle this situation through FCIC’s PASS and Escrow processing.‌
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Examples of Risk subsidy in a sentence

  • Risk subsidy, for eligible livestock price insurance contracts will be the amount approved by the Board, and will be provided to the Company by FCIC at the first monthly settlement after the Company submits, and the UCM accepts, the eligible livestock price insurance contracts, and will be updated each month thereafter as needed.

  • Risk subsidy shall be determined in accordance with the Act and will be provided on behalf of policyholders to the Company on the monthly settlement report.

  • PAYMENTS (a) Subsidies and Expenses (1) Risk subsidy shall be determined in accordance with the Act and will be provided on behalf of policyholders to the Company on the monthly settlement report specified in paragraph (2) below.

  • Risk subsidy shall be determined as provided by the Act and will be provided to the Company on the monthly summary report.


More Definitions of Risk subsidy

Risk subsidy means that portion of the FCIC approved insurance premium for the risk of loss paid by FCIC on behalf of the policyholders.
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Related to Risk subsidy

  • Subsidy means the difference between the amount of periodic

  • At-risk student means any identified student who needs additional support and who is not meeting or not expected to meet the established goals of the educational program (academic, personal/social, career/vocational). At-risk students include but are not limited to students in the following groups: homeless children and youth, dropouts, returning dropouts, and potential dropouts.

  • Insurance Affordability Program means a program that is one of the following:

  • Moderate income housing means housing affordable,

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site , in order to identify the steps needed to be taken to remove, reduce or control such hazard;