This program provides protection against revenue loss due to a decline in both crop prices and yields. Producers may select from a variety of coverage levels to personalize their policy. If the actual yield falls below the yield guarantee or if the actual revenue falls below the minimum or revised revenue guarantee, an indemnity is paid. RP provides a minimum revenue guarantee that can increase as much as 200% over the minimum guarantee if the crop insurance harvest price is higher than the projected price.
Revenue Protection with Harvest Price Exclusion (RP HPE)
When this option is selected, the minimum crop insurance revenue guarantee will not be recalculated when harvest prices are released.
Coverage
Levels: 50% – 85% (in 5% increments)
Premium Subsidy
RP
| 67% | 64% | 59% | 55% | 48% | 38% | 80% | 71% | 56% | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BU & OU | BU & OU | BU & OU | BU & OU | BU & OU | BU & OU | EU | EU | EU | ||
| 50% COVERAGE |
55-60% COVERAGE |
65-70% COVERAGE |
75% COVERAGE |
80% COVERAGE |
85% COVERAGE |
50-70% COVERAGE |
80% COVERAGE |
85% COVERAGE |
RP-HPE
| 67% | 64% | 59% | 55% | 48% | 38% | 80% | 77% | 68% | 53% | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| BU & OU | BU & OU | BU & OU | BU & OU | BU & OU | BU & OU | EU | EU | EU | EU | ||
| 50% COVERAGE |
55-60% COVERAGE |
65-70% COVERAGE |
75% COVERAGE |
80% COVERAGE |
85% COVERAGE |
50-70% COVERAGE |
75% COVERAGE |
80% COVERAGE |
85% COVERAGE |
The information contained in this publication is for general purposes only and shall not modify the terms of any insurance policy. Please refer to policy information found in the actuarials for your commodity/plan type.
