(a) For a participant who is eligible due to the 2008 buy-in waiver for risk management purchase under the provisions of §760.105(c), the SURE guarantee for their farm for the 2008 crop will be calculated according to §760.631, or according to §760.634 for value loss crops, with the exception that the:

(1) Price election in §760.631(a)(1)(i) is 100 percent of the NAP established price for the crop;

(2) Coverage level in §760.631(a)(1)(iv) is 70 percent; and

(3) The percent specified in §760.631(a)(2)(iv) is 70 percent instead of 50 percent; and

(4) Coverage level used in §760.634(a)(1)(ii) is 70 percent; and

(5) The percent specified in §760.634(a)(2)(ii) is 70 percent instead of 50 percent.

(b) For those 2008 crops that meet the requirements of §§760.104, 760.105(a), 760.106, or 760.107, the SURE guarantee will be the higher of:

(1) The guarantee calculated according to §760.631, or according to §760.634 for value loss crops, with the exception that the percent specified in §§760.631(a)(1) and 760.634(a)(1) will be 120 percent instead of 115 percent;

(2) The guarantee calculated according to §760.631, or according to §760.634 for value loss crops, will be used with the exception that the:

(i) Price election in §760.631(a)(1)(i) is 100 percent of the NAP established price for the crop; and

(ii) Coverage level in §§760.631(a)(1)(iv) and 760.634(a)(1)(ii) will be 70 percent; and

(iii) The percent specified in §§760.631(a)(2)(iv) and 760.634(a)(2)(ii) will be 70 percent instead of 50 percent.