Product Brochures |
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Multi Peril Crop Insurance (MPCI)
Coverage Features:
- Provides comprehensive protection against weather-related causes of loss and certain other unavoidable perils.
- Provides protection against low yields, poor quality, late planting, replanting costs and prevented planting.
- Coverage is available on over 76 crops in primary production areas throughout the U.S. at 50 to 75 percent (up to 85 percent in certain counties) of the actual production history (APH) for the farm.
- An indemnity price election from 60 to 100 percent of the Federal Crop Insurance Corporation expected market price is selected at the time of purchase.
Coverage Features:
- GRP is a dramatic departure from traditional approaches to crop insurance protection, with less paperwork and generally less cost than Multi Peril Crop Insurance (MPCI). The policy was developed on the basis that when an entire county's crop yield is low, most farmers in that county will also have low yields.
Revenue Insurance Plans
Coverage Features:
- GRIP is based on the experience of the county rather than individual farms, so actual production history is not required for this program.
- A GRIP policy includes coverage against potential loss of revenue resulting from a significant reduction in the county yield or commodity price of a specific crop.
- GRIP will pay a loss when the county revenue is less than the trigger revenue. Since this plan is based on county revenue and not individual revenue, the insured may have a loss in revenue on their farm and not receive payment under GRIP.
Coverage Features:
- RA provides revenue protection based on price and yield expectations.
- RA protects a producer’s loss of revenue resulting from low futures prices, low yields, or a combination of the two.
- Comprehensive protection is provided through a dollar guarantee based on the Chicago Board of Trade base futures price.
- RA serves as an alternative policy to other Federal Crop Insurance Corporation subsidized policies.
Coverage Features:
- CRC provides comprehensive protection against weather-related causes of loss and certain other unavoidable perils as well as protection from fluctuation in commodity prices.
- Coverage is available on numerous crops in primary production areas throughout the U.S. at 50 to 75 percent (up to 85 percent in certain counties) of the revenue guarantee for the farm.
Coverage Features:
- AGR provides protection against low revenue due to unavoidable natural disasters and market fluctuations that occur during the insurance year.
Coverage Features:
- AGR-Lite is a whole-farm revenue protection plan of insurance and provides protection against low revenue due to unavoidable natural disasters and market fluctuations that occur during the insurance year.
Coverage Features:
- LRP protects your investment should prices drop before your livestock gets to market while preserving all of your upside potential.
Coverage Features:
- LGM protects against the loss of gross margin (market value minus feed costs) on feeder (yearling and calf) cattle.
Coverage Features:
- PRF protects against widespread loss of grazing and haying production offering coverage for drought.
- PRF Maps
Coverage Features:
- API protects against widespread loss of vegetative production offering coverage for drought.
- API Maps
Nursery Crop
Coverage Features:
- Nursery Crop Insurance provides coverage for all nursery plants and plant types in each practice, contained on the Eligible Price List, in which you have a share, that you can elect to insure.
Crop Hail
Coverage Features:
- Insure your whole crop without paying for overlapping coverage with ARMtech's own APH-Based Crop Hail (ACH) Program.
Catastrophic Coverage (CAT)
Coverage Features:
- Pays 55 percent of the established price of the commodity on crop losses in excess of 50 percent.
- The premium on CAT coverage is paid by the Federal Government; however, producers must pay a $300 administrative fee for each crop insured in each county. Limited-resource farmers may have this fee waived.
- CAT coverage is not available on all types of policies.
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