| Certificate | Aim | Definition |
| 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. |
| Low Snow Season Certificate (Cumulative Index in cm) | Payout when there is below 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 below [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. |
| Low Snow Season Certificate U.S. (Cumulative Index in inch) | Payout when there is below 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 below [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. |