The Stacked Income Protection Plan (STAX) is a crop insurance product for upland cotton that provides coverage for a portion of the expected revenue for your area. Most often your area will be your county; however, your area may include other counties or even practices as necessary to obtain a credible amount of data to establish an expected yield and premium rate.
STAX may be purchased on its own, or in conjunction with another policy referred to as a “companion policy.” Companion policies may include Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion and any of the Area Risk Protection Insurance policies.
STAX with Harvest Price Exclusion
When this option is selected, the minimum crop insurance revenue guarantee will not be recalculated when harvest prices are released.
Levels: 70% – 90% (in 5% increments)
Protection Factors: 80% – 120% (in 1%increments)
80% (for all plan types and area loss triggers)
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.