Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock) or those marketing to local, regional, farm-identity preserved, specialty or direct markets. This plan provides protection against the loss of insured revenue due to an unavoidable natural cause of loss that occurs during the insurance period and will also provide carryover loss coverage if insured the following year.
Coverage
Between 50% – 85% (in 5% increments)
Premium Subsidy
50% Coverage |
55% Coverage |
60% Coverage |
65% Coverage |
70% Coverage |
75% Coverage |
80% Coverage |
85% Coverage |
|
---|---|---|---|---|---|---|---|---|
Basic Subsidy –
Qualifying Commodity Count: 1 |
67% | 64% | 64% | 59% | 59% | 55% | N/A | N/A |
Whole-Farm Subsidy –
Qualifying Commodity Count: 2 |
80% | 80% | 80% | 80% | 80% | 80% | N/A | N/A |
Whole-Farm Subsidy –
Qualifying Commodity Count: 3 or more |
80% | 80% | 80% | 80% | 80% | 80% | 71% | 56% |
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.