The Companion Plan is designed to cover that portion of the crop not covered by a policy reinsured or approved by FCIC. This plan provides the grower protection against any percentage of loss caused by hail and/or fire. It is designed to work in conjunction with a policy reinsured or approved by FCIC and contains increasing payment factors, which match up with the various coverage levels as follows:
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Policy reinsured or approved by FCIC Level of Coverage
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Increasing Payment Factor
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Limit of Insurance not to exceed normal market value
of your interest in the:
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50%
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2.0
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top half of the crop
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65%
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3.0
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top third of the crop
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75%
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4.0
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top quarter of the crop
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Availability: Arizona, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Texas, Washington, Wisconsin, and Wyoming
5/10