Prototype with SAMPLE DATA. Every premium, index and auction number here is invented for the demo. Not real LPI tables, not insurance advice. Real coverage is bought only through LPI.
1. Your calves
Market:
2. Your real floor
Policy (sample)
Coverage
Expiry wk
Insured index
Premium $/cwt
Your floor $/cwt
Your floor $/head
Total premium
Window fits sale?
3. Would it have paid? 5-season backtest (sample)
Season
Index at sale
Insured
Premium
LPI paid
Net $/cwt
Net for group
4. Claim reminders
LPI claims settle against the index published each Monday, and can only be made that Monday 2 p.m. to 11 p.m. Alberta time (lpi.ca). HerdFloor would text you each claim Monday with what claiming that week pays.
How it works: your floor = insured index − premium + your personal basis (heifer discount + weight slide from the 600 lb index steer + your auction's usual gap to the SaskMan index). Logic in logic.js, tests in test.js.