Revenue Protection Harvest Price Exclusion (RPHPE)
Covers weather-related causes of loss, certain other unavoidable perils and price fluctuations. It offers comprehensive protection through dollar guarantee. RPHPE also provides prevented planting and replant protection. A projected price is used to calculate the premium, replant payments and prevent planting payments. RPHPE coverage excludes the use of the harvest price in the determination of the revenue protection guarantee, differentiating it from RP coverage. The RPHPE dollar guarantee for the insurance unit is the approved yield times the level of coverage, the insured acreage, the percent of share and the projected price. RPHPE does not provide increased protection if the harvest price is higher than the projected price.
Coverage Level: From 50%-85%, in 5% increments (80% and 85% coverage levels are not available in all areas). CAT is not available.
Availability: All 50 states
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