I'm a firm believer in the WLPIP myself. I use it every year, whether it's a good year or a bad year. Right now the premiums are indeed high, and that's based on the volatility. I don't know how you can get around that. Perhaps you could mitigate that volatility somehow with a little more backstop from the government, to take some of the risk out of it for the underwriters. I understand that the volatility equation needs to be in the system, just to cover the program so that the program itself can continue running.
On June 23rd, 2020. See this statement in context.