Individual plans that protect against revenue losses caused by low yields or low prices, as well as higher fall prices on a per-unit basis.
Revenue Protection Overview
How Does It Work?
- Both plans establish a minimum guarantee of revenue per acre.
- To determine the Revenue Guarantee, RP will use the greater of the Projected Price or Harvest Price. RP-HPE will use only the Projected Price.
- For both plans, the indemnity payment is determined using the Harvest Price.
- If Revenue to Count is less than final Revenue Guarantee, an indemnity is paid.
Revenue Protection Availability
Coverage varies by state, check with your FMH agent for availability.
What Are The Benefits?
REVENUE LOSS PROTECTION
Protects against revenue loss caused by low yields and/or low prices
HARVEST PRICE PROTECTION
RP offers "upside" Harvest Price Protection by valuing lost bushels at the Harvest Price
MANAGEMENT TOOL
Flexible and efficient management tool for crop producers
NO LIMIT HARVEST PRICE
Harvest Price has no limit on the downward movement
MULTIPLE COVERAGE OPTIONS
Coverage on basic, optional, enterprise, and whole-farm units where available
PROJECTED PRICE
Premium amount is determined using the Projected Price and will not increase even if the Harvest Price is higher than the Projected Price
BACKED BY FCIC
Subsidized by the Federal Crop Insurance Corporation (FCIC)
Revenue Protection
Comparison Chart
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