Stacked Income Protection Plan (STAX)

An area-based plan of insurance for upland cotton that provides protection against natural causes of loss that result in the area revenue falling below the county loss trigger. STAX may be purchased as a stand-alone policy or in conjunction with a Common Crop Insurance Policy (YP, RP, RPHPE and WFRP) or any Area Risk Protection Insurance policy (AYP, ARP and ARPHPE).

Coverage Level: From 0%- 20%, in 5% increments. Producers utilizing more than one farming practice may elect the 0% coverage range if they don’t wish to have STAX coverage for a particular practice. If the producer has a companion policy, the maximum coverage election will be limited the lessor of 20% or 90 % minus the coverage level election on the companion policy. If the producer does not have a companion policy, the coverage range is from 0% up to 20%.

Availability: Alabama, Arizona, Arkansas, California, Florida, Georgia, Kansas, Louisiana, Mississippi, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Virginia

11/20