Cold Day
The Cold Day certificate pays out a pre-defined amount for every day the daily average temperature is below your specified level.
Frost Day
The Frost Day certificate pays out a pre-defined amount for every day the daily minimum temperature is below your specified level.
HDD Call:
The Heating Degree Day certificate pays a pre-defined amount for every Heating Degree Day (HDD) if the sum of the daily HDD's during a particular period is above a specified level.
CAT Put
The Cumulative Average Temperature certificate pays a pre-defined amount for every degree Celsius if the cumulative average temperature during a particular period is below a specified level.