Multi-Peril Crop Insurance (MPCI)


Individual Coverage Plans

Coverage levels = 50% to 85%, 5% increments

Yield Protection

  • Protection against a loss in yield due to unavoidable, naturally occurring events.
    • Adverse weather
    • Fire
    • Insects
    • Plant Disease
    • Wildlife
    • Earthquate
    • Volcanic Eruption
    • Failure of Irrigation water supply due to a naturally occurring event.
  • Guarantees a production yield based on the individual producers APH (Actual Production History).
  • Projected (Base) Price is used to determine the yield protection guarantee, premium, replant payment, prevented planting payment, and value of the production to count.
  • Crops: barley, canola, corn, cotton, grain sorghum, rice, soybeans, sunflower, wheat
  • Covers loss in yield, cheaper than Revenue Protection

Revenue Protection

  • Protection against a loss of revenue caused by price increase or decrease, low yields or a combination of both.
  • Guarantees an amount based on the individual producer’s APH and the greater of the projected price or harvest price.
  • Projected price is used to calculate premium, replant payment or prevented planting payment.
  • Indemnity Due when calculated revenue (production x harvest price) is less than the revenue protection guarantee for the crop acreage.
  • Crops: Barley, canola, corn, cotton, grain sorghum, rice, soybeans, sunflower, wheat
  • Covers the most benefits for the $.  Yield and Price protection.
  • Prices are determined by the Commodity Exchange Price Provisions.


Revenue Protection with Harvest Price Exclusion

  • Protection against a loss of revenue caused by a price decrease, low yields or a combination of both.
  • Guarantee is based off of the projected price only and does not increase based on a higher harvest price.
  • Crops: Barley, canola, corn, cotton, grain sorghum, rice, soybeans, sunflower, wheat
  • Slightly cheaper than Revenue Protection. Use when you are sure that the harvest price is going to be less than the projected price.
  • Prices are determined by the Commodity Exchange Price Provisions.

Whole Farm Revenue Protection

  • Protection for all commodities on the farm under one insurance policy against unavoidable natural causes during insurance period.
  • Protection against loss of revenue that a producer expects to earn or will obtain from commodities produced or purchase for resale, including animals and animal products during the insurance period.
    • Does not include timber, forest/forest products, animals for show, sport or pets.
  • Insured revenue is based on: coverage level x the lower of:
    • Completed whole farm history report (5 consecutive years of tax revenue report (schedule F)) or
    • Insured revenue from production of commodities during the current insurance period as reported by Farm Operation Report
  • Loss occurs: when the Allowable Revenue (what is reported to IRS) from the production of commodities produced during the insurance period, falls below the Insured Revenue.
  • Must have at least 2 commodities.
  • 8.5 million dollar cap on insured revenue.
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Santa Fe Ag Crop Insurance

104 E. 1st Street - Suite D
Hillsboro, KS 67063

Jamie Peters: 620-877-7159
jamiewpeters@gmail.com

Todd Hein: 620-382-5432
Don Peterson: 620-767-6191

This agency is an equal opportunity provider.