KICG Crop Insurance
Yield Protection
Yield Protection (YP) protects against a production loss for crops for which revenue protection is available but was not selected. YP also provides prevented planting and replant protection. Coverage is expressed as a production guarantee (approved yield times the coverage level). Catastrophic (CAT) coverage is available at 50% of the approved yield and 55% of the projected price (50/55).
For further information about Yield Protection, please click here.
Revenue Protection
Revenue Protection (RP) offers comprehensive protection through a dollar guarantee. RP also provides prevented planting and replant protection. A projected price is used to calculate the premium, replant payments and prevent planting payments. Revenue Protection with Harvest Price Exclusion is also available.
For further information about Revenue Protection, please click here.
Crop-Hail
Crop-Hail coverage provides protection against physical damage from hail and/or fire. Other coverages provided include fire department service charges, transit coverage to the first place of storage, catastrophe loss award (most coverages) and replanting coverage (most crops). Options exist in some areas for other perils, such as wind and theft.
For further information about Crop-Hail, please click here.
Area Risk Protection
Area Risk Protection Insurance (ARPI) provides protection against widespread loss of revenue or widespread loss of yield in a county. Individual farm revenues and yields are not considered under ARPI and it is possible that your individual farm may experience reduced revenue or reduced yield and not receive an indemnity under ARPI.
For further information about Area Risk Income Protection, please click here.
