October 24, 2018

Introducing Variable Interval Product

We are excited to announce the launch of Hudson Crop product, Variable Interval Product (VIP™)!

VIP is a supplemental crop insurance policy that provides the potential for a higher revenue protection guarantee than the base coverage established on the underlying Revenue Protection or Area Revenue Protection plan of insurance. Producers may add one or more alternative price discovery periods (intervals), of which the highest would be used to establish the revenue guarantee for loss purposes when applicable. A VIP policy may have a loss if the selected interval’s price is higher than the projected and harvest prices.

What is the VIP Advantage? VIP is available for 2019 crop year sales NOW! It provides growers the ability to choose multiple price discovery periods and price limit options beyond that of their base RP or ARP policy, increasing the potential for a higher price and base coverage guarantee! Coverage is available for corn, cotton, soybeans and wheat in select state and can be quoted, purchased and processed using our all-in-one system.

If you are a grower and would like to hear more about VIP, contact your local Hudson Crop insurance agent or email info@hudsoncrop.com to find a Hudson Crop licensed agent near you.

If you are an agent and would like to sell VIP, email info@hudsoncrop.com to learn how. We offer multiple training formats to best suit your needs, including online, one-on-one and readily available marketing materials.

Visit https://hudsoncrop.com/products/variable-interval-product/ to view additional product information, availability and resources.

 

VIP is a trademark of Hudson Insurance Company.

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