Multi Peril Crop Insurance (MPCI)
MPCI is a federal insurance program written through the private insurance sector, designed to protect a farmer’s crops.
Its benefits include:
- Guaranteed acceptance/participation
- Varying coverage levels of protection
- Collection of premium after harvest when a farmer’s cash flow is at its peak
- A government subsidy on premium making coverage more affordable
Livestock Risk Protection (LRP)
Livestock Risk Protection is another federal insurance program designed to protect livestock producers from declining market prices. LRP allows the flexibility to choose policy terms to match market cycles, thus limiting downside risk while allowing unrestricted profit potential.
Crop Hail and Named Perils
Crop Hail and Named Peril policies are issued directly by RCIS. The policies offer coverage against crop hail and other specific types of damage to crops.
For specific questions, you may go to www.rcis.com and click on “Contact Us.”
RCIS is an equal opportunity provider
|