MPCI Base Coverage Comparisons

	Actual Prodution History (APH)	Area Revenue Protection (ARP)	Area Revenue Protection with Harvest Price Exclusion (ARPHPE)	Area Yield Protection (AYP)	Catastrophic Coverage (CAT)	Margin Protection (MP)	Margin Protection with Harvest Price Option (MPHPO)	Revenue Protection (RP)	Revenue Protection with Harvest Price Exclusion (RPHPE)	Stacked Income Protection Plan for Upland Cotton (STAX)	Whole-Farm Revenue Protection (WFRP)	Yield Protection (YP)
Benefits	Production-based coverage protects the producer against a yield loss.	Establishes a county revenue guarantee based on the Commodity Exchange Price Provisions (CEPP) projected price.	Establishes a county revenue guarantee based on the Commodity Exchange Price Provisions (CEPP) projected price.	Production guarantees and losses determined on county basis.	Production-based coverage protects the producer against a yield loss.	Provides coverage against an unexpected decrease in operating margin (revenue less input costs).	Provides coverage against an unexpected decrease in operating margin (revenue less input costs).	Establishes a dollar guarantee based on the higher of Commodity Exchange Price Provisions (CEPP) projected price or the harvest price.	Establishes a dollar guarantee based on the Commodity Exchange Price Provisions (CEPP) projected price.	Provides coverage for a portion of the expected revenue for Upland Cotton in a county.	Establishes a dollar guarantee based on the lesser of the expected revenue from the farm or the adjusted five year historic average of allowable Schedule F income.	Protects against a production loss for crops for which revenue protection is available but was not selected.
Guarantee	APH Yield × Selected Level	Expected County Yield × Greater of Projected or Harvest Price × Selected Level = Trigger Revenue	Expected County Revenue × Selected Level = Trigger Revenue	Expected County Yield × Selected Level = Trigger Yield	Approved Yield × 50% Level	Expected Margin – (Expected Margin x (1 – coverage level)) = Trigger Margin	Expected Margin – (Expected Margin x (1 – coverage level)) = Trigger Margin. Utilizes higher of margin projected price or margin harvest price.	Approved Yield × Level of Coverage × Higher of Projected Price or Harvest Price	Approved Yield × Level of Coverage × Projected Price	Expected County/Area Yield × Greater of Projected or Harvest Price × Selected Range × Protection Factor	Approved Revenue × Coverage Level	Approved Yield × Selected Level
Price	Selected percentage of the market price established by FCIC	Selected protection factor of 80-120% of the Commodity Exchange Price Provisions (CEPP) projected price	Selected protection factor of 80-120% of the Commodity Exchange Price Provisions (CEPP) projected price	Selected protection factor of 80-120% of the Commodity Exchange Price Provisions (CEPP) projected price. CEPP does not apply to forage and peanuts.	55% of the maximum protection per acre as established by FCIC. 45% of the projected price for AYP.	Margin Price Provisions projected prices	Margin Price Provisions projected prices	Commodity Exchange Price Provisions (CEPP) projected price	Commodity Exchange Price Provisions (CEPP) projected price	Selected Protection Factor of 80-120% of the Commodity Exchange Price Provisions (CEPP) projected price.	Based on the sum of the expected value for each commodity	Selected percentage of Commodity Exchange Price Provisions (CEPP) projected price
Maximum Upward and Downward Price Movement	Not Applicable	The harvest price cannot be greater than the projected price multiplied by 2.00. No downward price limitation.	The harvest price cannot be greater than the projected price multiplied by 2.00. No downward price limitation.	Not Applicable	Not Applicable	The margin harvest price will not be greater than the margin projected price multiplied by 2.00. No downward price limitation.	The margin harvest price will not be greater than the margin projected price multiplied by 2.00. No downward price limitation.	The harvest price cannot be greater than the projected price multiplied by 2.00. No downward price limitation.	The harvest price cannot be greater than the projected price multiplied by 2.00. No downward price limitation.	The harvest price cannot be greater than the projected price multiplied by 2.00. No downward price limitation.	Not Applicable	Not Applicable
Administration Fee	$30	$30	$30	$30	$655	$30	$30	$30	$30	$30	$30	$30
Coverage Level	CAT, 50%, 55%, 60%, 65%, 70%, 75%, 80%* and 85%*	70%, 75%, 80%, 85% and 90% of the county revenue	70%, 75%, 80%, 85% and 90% of the county revenue	CAT (65%), 70%, 75%, 80%, 85% and 90% of county yield	50% (AYP 65%)	70%, 75%, 80%, 85%, 90% and 95% of the expected margin.	70%, 75%, 80%, 85%, 90% and 95% of the expected margin.	50%, 55%, 60%, 65%, 70%, 75%, 80%* and 85%*	50%, 55%, 60%, 65%, 70%, 75%, 80%* and 85%*	The range is from 70% to 90% of the expected area revenue. Coverage elections are 0%, 5%, 10%, 15% and 20%	50%, 55%, 60%, 65%, 70%, 75%, 80% and 85%.	CAT, 50%, 55%, 60%, 65%, 70%, 75%, 80%* and 85%*
Units	Basic and Optional (Enterprise if allowed by Special Provisions)	One unit for each offer within the county	One unit for each offer within the county	One unit for each offer within the county	Basic	Enterprise, Basic and Optional	Enterprise, Basic and Optional	Whole-Farm, Enterprise, Basic and Optional	Whole-Farm, Enterprise, Basic and Optional	One unit for each offer within the county	One unit for all the commodities on the farm	Enterprise, Basic and Optional
Losses	Paid when actual yield is less than guarantee.	Paid when county average revenue falls below insured’s trigger revenue. Loss limit factor of 0.18 is applicable.	Paid when county average revenue falls below insured’s trigger revenue. Loss limit factor of 0.18 is applicable.	Paid when county average yield falls below insured’s trigger yield. Loss limit factor of 0.18 is applicable.	Paid when actual yield is less than guarantee.	Paid when the county harvest margin is less than the trigger margin. Any base policy indemnity is subtracted from the potential MP loss. Protection Factors available between 0.8 and 1.2.	Paid when the county harvest margin is less than the trigger margin. Any base policy indemnity is subtracted from the potential MP loss. Protection Factors available between 0.8 and 1.2.	Paid when calculated revenue is less than final revenue guarantee.	Paid when calculated revenue is less than revenue guarantee.	Paid when area average revenue falls below insured’s selected trigger revenue.	Paid when the revenue to count is less than the approved revenue x the coverage level x the expense reduction factor (if applicable).	Paid when actual yield is less than guarantee.
Prevented Planting	Available	Not Available	Not Available	Not Available	Available	Not Available	Not Available	Available	Available	Not Available	Conditional	Available
Replanting Payments	Available (except for CAT)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Available	Available	Not Available	Available (Annual Crops only)	Available (except for CAT)
High-Risk Land Exclusion	Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Available	Available	Not Available	Not Available	Available
Written Agreements	Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Available	Available	Available	Not Available	Available
Hail and Fire Exclusions	Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Available	Available	Not Available	Not Available	Available
Subsidies for Basic / Optional Units (Level - Percentage)	CAT – 100% (Basic Unit Only) 50 – 67% 55 – 64% 60 – 64% 65 – 59% 70 – 59% 75 – 55% 80 – 48% 85 – 38%	CAT – Not Available 70 – 59% 75 – 55% 80 – 55% 85 – 49% 90 – 44%	CAT – Not Available 70 – 59% 75 – 55% 80 – 55% 85 – 49% 90 – 44%	CAT – 100% 70 – 59% 75 – 59% 80 – 55% 85 – 55% 90 – 51%	100%	CAT – Not Available 70 – 59% 75 – 55% 80 – 55% 85 – 49% 90 – 44% 95 – 44%	CAT – Not Available 70 – 59% 75 – 55% 80 – 55% 85 – 49% 90 – 44% 95 – 44%	CAT – Not Available 50 – 67% 55 – 64% 60 – 64% 65 – 59% 70 – 59% 75 – 55% 80 – 48% 85 – 38%	CAT – Not Available 50 – 67% 55 – 64% 60 – 64% 65 – 59% 70 – 59% 75 – 55% 80 – 48% 85 – 38%	80%	CAT - Not Available 50 - 80% 55 - 80% 60 - 80% 70 - 80% 75 - 80% 80 - 71% 85 - 56% 90 - 56%	CAT – 100% (Basic Unit Only) 50 – 67% 55 – 64% 60 – 64% 65 – 59% 70 – 59% 75 – 55% 80 – 48% 85 – 38%
More Information	Details about APH	Details about ARP	Details about ARPHPE	Details about AYP	Details about CAT	Details about MP	Details about MPHPO	Details about RP	Details about RPHPE	Details about STAX	Details about WFRP	Details about YP

The insurance products described here are subject to availability and qualification. This is not an exhaustive list of all products available. Product availability and coverage subject to change. Contact your Rain and Hail representative for more information.