Multiple Peril Crop Insurance
Multiple Peril Crop Insurance (MPCI) provides comprehensive protection against
unavoidable losses for most crops. MPCI coverage provides protection against
low yields, poor quality, late planting, replanting costs and prevented
planting. Coverage is available at 50 to 85 percent of the actual production
history (APH) for the farm. The level selected will determine the yield
guarantee. You as the producer, have the option of electing an indemnity price
from 60 to 100 percent of the Federal Crop Insurance (FCIC) expected market
price at the time of purchase. An indemnity is paid for each bushel or pound
that your actual yield of your insured crop is below your guaranteed yield due
to insured causes of loss.
Note: Terrorism is not an exposure covered by Federal Crop Insurance Corporation
on any of the Federally reinsured crop insurance policies (RA, MPCI, CRC,
etc.). These policies cover losses due to drought, flood, or other
natural disasters.
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