That appears to be correct for the 22 states where the Standard plan is still offered.I selected yes. Then I downloaded the Handbook which lists a 130 foot max depth for the standard plan. Verify that this applies in your specific case.
For God's sake, the Master plan costs only $10 more a year. Anyone who wants to save money that badly deserves to lose coverage when a downcurrent sucks them down to 131' and they get bent