Multi Peril Insurance
MULTI PERIL INSURANCE
YIELD BASED COVERAGE
Muti-Peril Crop Insurance (MPCI) - provides protection against losses from a number of uncontrollable causes.
Catastrophic (CAT) - Provides the minimum coverage amount on a MPCI policy. For a $300 fee, producers can buy a minimum insurance coverage based on 50% of the producing operation's average yield at 55% of the FCIC established prices.
Group Risk Plan (GRP) - Recommended for farmers whose yield history closely tracks the county or parish history because protection is based on the yield experience of the county rather than their individual farms.
REVENUE INSURANCE PLANS
Revenue Protection (RP) - Available for selected states and crops, this policy provides protection against revenue losses resulting from any combination of low market prices or low production yields. RP is available in certain states. Ask your agent about availability in your area.
Yield Based Coverage
Multi-Peril Crop Insurance
Group Risk Plan
Revenue Insurance Plans