Federal Crop Insurance

Nobody watches the weather more than a farmer.

When it doesn't cooperate, federal crop insurance can help.

 

 

Federal Crop

Intro to Federal Crop Insurance

Mother Nature can strike any time. Federal crop insurance from COUNTRY Financial® can help protect your land when she does. And if you ever have a claim, a crop adjuster will be in touch with you within 24 hours. We’re committed to taking care of our customers and helping resolve claims as quickly as possible.

Federal Crop Insurance, also called multi-peril crop insurance (MPCI) provides coverage for your loss of yield and/or revenue from natural disasters like drought, excessive moisture, disease, wind, wildfire, and hail.

Options

No two farms are the same, so you have several different policy options to choose from.

Yield Protection (YP)

Provides protection against a loss in yield due to unavoidable, naturally occurring events.

Guarantees a production yield based on your Actual Production History (APH).

Projected price is determined in accordance with the Commodity Exchange Price Provisions (CEPP).

Revenue Protection (RP)

Provides protection against a loss of revenue caused by a price increase or decrease, low yields or a combination of both.

Protects revenue amount based on your APH and the greater of the projected price or the harvest price.

Both projected price and harvest price are determined in accordance with the Commodity Exchange Price Provisions (CEPP).

Revenue Protection with the Harvest Exclusion (RP-HPE)

Provides protection against a loss of revenue caused by price decrease, low yields or a combination of both.

Protects revenue amount based your APH and the projected price.

Projected price is determined in accordance with the Commodity Exchange Price Provisions (CEPP).

Area Yield Protection (AYP)

Designed to insure against widespread loss of yield due to a county level production loss.

AYP provides a dollar amount of protection for which a loss payment occurs when the county yield falls below the selected trigger yield.

Insurance is based on the expected county yield, rather than your individual yields.

You only receive a loss payment when the average county yield is LESS than your trigger yield. It does not provide protection against a loss of revenue.

Area Revenue Protection (ARP)

Provides protection against loss of revenue due to a county level production loss, price decline, or combination of both.

Expected county yields are multiplied by the greater of the Base Price (spring) or the Harvest Price (fall).

It is intended to be used by those who wish to insure the combination of yield and price.

This plan includes upside harvest price protection.

Area Revenue Protection with Harvest Price Exclusion (ARP-HPE)

Provides protection against loss of revenue due to a county level production loss, price decline, or combination of both.

You only receive a loss payment when the county revenue falls below your selected trigger revenue.

It is intended to be used by those who wish to insure the combination of yield and price.

This plan does not include upside harvest price protection.

Federal crop insurance can be confusing. Our local crop insurance representatives are ready to help you understand all your choices so you can make an informed decision. Contact us for more information today.

For product and service information, read our Terms & Conditions.

Policies issued by COUNTRY Mutual Insurance Company®, Bloomington, IL. This entity is an equal opportunity provider.