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The Revenue Protection with Harvest Price Exclusion program is the same as Revenue Protection (RP) except the amount of insurance is based on the Projected Price only.
The guarantee is the harvested production (plus any appraised production) multiplied by the harvest price and compared to the revenue guarantee (Yield x Projected Price).
The Revenue Protection with Harvest Price Exclusion plan is available only for crops traded on commodity exchanges.
Note: Revenue Protection with Harvest Price Exclusion is now considered a Plan – not an Option. Instead of adding the Harvest Price Option, it is now excluded.
Click here for a printable version of a fully detailed Crop Insurance Plan Comparision Chart.
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