A Losses are paid under WFRP at the end of the insurance period after you have filed your farm income taxes for the insurance year. If your allowable income is less than your insurance guarantee, a loss will be paid under WFRP. It is important to understand that the policy also looks at expenses and expects expenses to be at least 70 percent of the five-year average expenses. If they are lower, the insurance guarantee is adjusted downwards because a change in the operation resulted in fewer expenses.