Income Protection Insurance Coverage(IP)

What is it?Income Protection

Income Protection Coverage provides comprehensive protection for crops by establishing a dollar guarantee based on the board or exchange early futures price (projected price).

Perils covered include weather related, price fluctuation, and certain other unavoidable causes of loss.

Benefits

  • Guarantees income with downside price protection. (Limited availability)

Important Dates

  •    January 1st - 31st –
       Production & acreage    reporting for perennials

  •    February 15th –
       Sales Closing for    spring crops (varies by    state)

  •    February 28th –
       Sales Closing for    spring crops (varies by    state)

  •    March 15th –
        Sales Closing for    spring crops(varies by    state)

  •    April 1st–
       Production reporting for    February 15th sales    closing crops

  •    April 14th–
       Production reporting for    February 28th sales    closing crops

  •    April 29th –
       Production reporting for    March 15th sales    closing crops

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