| Certificate | Aim | Definition |
| Rain Day Certificate (Daily Index) | Payout when there are above average Rain Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Rain Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Rain Day is defined as a day on which the daily rainfall measured by the independent national meteorological station exceeds [Threshold] mm. |
| Rain Day Certificate U.S. (Daily Index in inch) | Payout when there are above average Rain Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for every mm that the cumulative rainfall is above [Strike] mm up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . The cumulative daily rainfall is defined as the rainfall measured by the independent national meteorological station. |
| Rain Season Certificate (Cumulative Index in mm) | Payout when there is above average rainfall (mm) during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Rain Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Rain Day is defined as a day on which the daily rainfall measured by the independent national meteorological station exceeds [Threshold] inch(es). |
| Dry Day Certificate (Daily Index) | Payout when there are above average Dry Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Dry Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Dry Day is defined as a day on which the daily rainfall measured by the independent national meteorological station falls short [Threshold] mm. |
| Hot Day Certificate (Daily Average Temperature Index) | Payout when there are above average Hot Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Hot Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Hot Day is defined as a day on which the daily average temperature measured by the independent national meteorological station exceeds [Threshold] °C. |
| Heat Day Certificate (Daily Maximum Temperature Index) | Payout when there are above average Heat Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Heat Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Heat Day is defined as a day on which the daily maximum temperature measured by the independent national meteorological station exceeds [Threshold] °C. |
| CAT Call Certificate (Cumulative Daily Average Temperature Index) | Payout when there are above average CAT during the period. (Payout for warm periods.) | Under this Certificate, the Client will receive a fixed amount of [Payout] for every CAT that the CAT Index is above [Strike] CAT up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] .The CAT Index is defined as the sum of the daily average temperatures measured by the independent national meteorological station. |
| Cold Day Certificate (Daily Average Temperature Index) | Payout when there are above average Cold Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Cold Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Cold Day is defined as a day on which the daily average temperature measured by the independent national meteorological station is below [Threshold] °C. |
| Frost Day Certificate (Daily Minimum Temperature Index) | Payout when there are above average Frost Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Frost Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . A Frost Day is defined as a day on which the daily minimum temperature measured by the independent national meteorological station is below [Threshold] °C. |
| HDD Call Certificate (Daily Average Temperature) | Payout when there are above average HDD during the period. (Payout for cold periods.) | Under this Certificate, the Client will receive a fixed amount of [Payout] for every Heating Degree Day (HDD) above [Strike] up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . HDD are calculated by adding up daily HDD measured by the independent national meteorological station. The daily HDD values are calculated as the difference between the [Threshold] °C and the daily average temperature where the daily average temperature is below the [Threshold] °C. |
| High Snow Season Certificate (Cumulative Index in cm) | Payout when there is above average snowfall (cm) during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for every cm that the cumulative snowfall is above [Strike] cm up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . The cumulative daily snowfall is defined as the snowfall measured by the independent national meteorological station. |
| High Snow Season Certificate U.S. (Cumulative Index in inch) | Payout when there is above average snowfall (inch) during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for every inch that the cumulative snowfall is above [Strike] inch up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date] . The cumulative daily snowfall is defined as the snowfall measured by the independent national meteorological station. |
| Dry Spell Certificate (Dry Periods) | Payout when there are above average consecutive dry days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for every Dry Day of the Dry Spell Index after the [Strike] of such Dry Days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. A Dry Day is defined as a day on which the Daily Rainfall measured by the independent national meteorological station is below [Threshold 1] mm. A Dry Spell is defined as the number of consecutive Dry Days with a minimum length of [Threshold 2] Dry Days. The Dry Spell Index is defined as sum of all Dry Spells during the specified period. |