Current MPCI Crop Insurance Plans

*Currently there are no products offered*

The next available crop will be wheat insurance with a Sept. 30, 2011 deadline

Below are the most common policy types we write:

	YP	RP	GRIP-HRO	GRIP
	Yield Protection	Revenue Protection	Group Risk income Protection -Harvest Revenue Option	Group Risk Income Protection
Crops Insurable	Wheat, Corn, Soybeans	Wheat, Corn, Soybeans	Wheat, Corn, Soybeans	Wheat, Corn, Soybeans
Coverage Type	Individual Yield	Individual Revenue	County Revenue	County Yield
Revenue Protection	N/A	Upside/Downside	Upside/Downside	Downside
Loss Coverage	Yield Protection based on APH	Price and Yield Protection based on APH	Price and Yield Protection based on county average	Price and Yield Protection based on county average
Levels Available	50%-85% of APH yield in 5% increments	50%-85% of APH X CBOT Price in 5 % increments	70%-90% of Expected County Revenue (Expected county yield X CBOT Price) Yield as determined by NASS	70%-90% of Expected County Revenue (Expected county yield X CBOT Price) Yield as determined by NASS
Loss Payments Paid	When actual yield is less  than bushel guarantee	When actual revenue is less than revenue guarantee	When actual county revenue is less than selected trigger revenue	When actual county revenue is less than selected trigger revenue
Insurable Units	Basic, Optional, and Enterprise	Basic, Optional, and Enterprise	One unit, countywide, by crop	One unit, countywide, by crop
Record Keeping Requirements	Yes	Yes	Recommended	Recommended
Replant	Available	Available	Not Available	Not Available
Prevented Planting	Yes	Yes	No	No
Eligible for BE discount in available states	Yes	Yes	No	No
Use with market strategy	Covers bushel loss up to 85% of APH.  Does not cover upside protection.	Excellent product to use with marketing strategy.	Individual bushels are not guaranteed.  Not recommended with a marketing strategy.	Individual bushels are not guaranteed.  Not recommended with a marketing strategy.

Below are other policy types available (some may only be available in certain states/counties):

	APH	CAT	RP-HPE	GRP
	Actual Production History	Catastrophic Coverage	Revenue Protection - Harvest Price Exclusion	Group Risk Plan
Crops Insurable	Oats	Wheat, Corn, Soybeans	Wheat, Corn, Soybeans	Wheat, Corn, Soybeans
Coverage Type	Individual Yield	Individual Yield	Individual Yield	County Yield
Revenue Protection	N/A	N/A	Downside	N/A
Loss Coverage	Yield Protection based on APH	Yield Protection based on APH	Price and Yield Protection based on county average	Yield Protection based on county average
Levels Available	50%-85% of APH yield in 5% increments	50% of APH	50%-85% of APH X CBOT Price in 5 % increments	70%-90% of Expected County Revenue (Expected county yield X USDA Price) Yield as determined by NASS
Loss Payments Paid	When actual yield is less  than bushel guarantee	When actual yield is less  than bushel guarantee	When actual revenue is less than revenue guarantee	When actual county revenue is less than selected trigger revenue
Insurable Units	Basic and Optional Units	Basic Unit	Basic, Optional, and Enterprise	One unit, countywide, by crop
Record Keeping Requirements	Yes	Yes	Yes	Recommended
Replant	Not Available	Available	Not Available	Not Available
Prevented Planted	No	Yes	Yes	No
Eligible for BE discount in available states	No	No	Yes	No
Use with market strategy	Covers bushel loss up to 85% of APH.  Does not cover upside protection.	Covers bushel loss up to 50% of APH.  Does not cover upside protection.	Does not cover upside protection.	Individual bushels are not guaranteed.  Not recommended with a marketing strategy.

For a printable version of the MPCI Crop Plans, click here.