Hamlin says one of the things growers find most interesting about TWI, is because it isn’t a government program, “we’re able to make it a bit more hassle-free. If bad weather occurs, growers will get checks that show up in their mailbox automatically. They don’t have to document yields or APH’s. No documentation is required.

“Basically, the policy says ‘if it’s hot in July, the producer gets paid because they’ll probably have a yield (loss) at the end of the year.’ We pay based on the presumption of yield (loss) without documenting it actually happened. That’s quite different than having a crop adjuster coming out, filing claims or anything like that.”

What happens if, at the end of the season, their yields are better than expected? Is the amount already paid to the producer refundable?

“We’ve certainly had those situations. … (A producer) has a great year but the weather indicated he shouldn’t have had such a great year. We’d sent him checks anyway and he ended up with a good crop and crop insurance payments.”

Unfortunately, it can also work the other way.

“Maybe the weather was fine but, for some reason, a producer’s crop doesn’t perform well and yields are low. He can’t come to us and say ‘hey, I only made 105 bushels and was targeting 130.’ It’s all about the weather – it’s the only thing that determines claims.”