MPCI Supplemental Coverages Comparison
| Enhance Coverage Option (ECO) | Margin Coverage Option (MCO) | Margin Protection (MP) | Margin Protection with Harvest Price Option (MPHPO) | Stacked Income Protection Plan for Upland Cotton (STAX) | Supplemental Coverage Option (SCO) | |
|---|---|---|---|---|---|---|
| Benefits | Provides additional coverage to an underlying YP, RP, RPHPE, APH or Yield Based Dollar Amount of Insurance policy. | Covers a portion of the underlying MPCI Yield Protection (YP), Revenue Protection (RP), Revenue Protection with the Harvest Price Exclusion (RP-HPE) or Actual Production History (APH) policy’s deductible using a margin-based trigger. | 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). | Provides coverage for a portion of the expected revenue for Upland Cotton in a county. | Provides additional coverage to an underlying YP, RP or RPHPE policy. |
| Guarantee | Expected Area Yield or Expected Crop Value x coverage range (86% to 90% or 95%) - depends on underlying policy coverage plan |
Expected Margin - ((1 - Trigger Level) × Expected Area Revenue) = Trigger Margin |
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. | Expected County/Area Yield × Greater of Projected or Harvest Price × Selected Range × Protection Factor | Expected Area Yield or Expected Crop Value × 86% (depends on underlying policy coverage plan) |
| Price | Commodity Exchange Price Provisions (CEPP) projected price | Margin Price Provisions projected prices | Margin Price Provisions projected prices | Margin Price Provisions projected prices | Selected Protection Factor of 80-120% of the Commodity Exchange Price Provisions (CEPP) projected price. | Not Applicable |
| Maximum Upward and Downward Price Movement | Not Applicable for yield plans. If RP or RPHPE, the harvest price - same as ARP. | 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 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. | Not Applicable if YP. If RP or RPHPE, the harvest price – same as ARP. |
| Administration Fee | $30 | $30 | $30 | $30 | $30 | $30 |
| Coverage Level | Coverage percent of 50% - 100% of the coverage range 86% to 90% or 95% selected area trigger level | Coverage percent of 50% - 100% of the coverage range 86% to 90% or 95% selected area trigger level | 70%, 75%, 80%, 85%, 90% and 95% of the expected margin. | 70%, 75%, 80%, 85%, 90% and 95% of the expected margin. | The range is from 70% to 90% of the expected area revenue. Coverage elections are 0%, 5%, 10%, 15% and 20% | From 86% to coverage level of the underlying policy |
| Units | One unit for each ECO coverage offer in the county | One unit for each irrigated and non-irrigated practice within the county | Enterprise, Basic and Optional | Enterprise, Basic and Optional | One unit for each offer within the county | One unit for each SCO coverage offer in the county |
| Losses | Losses are paid when the county yield or revenue is reduced beyond the trigger level | Losses are paid when the harvest margin falls below the trigger margin | 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 area average revenue falls below insured’s selected trigger revenue. | Paid when county average price or yield (dependent on underlying MPCI policy) drops below 86% of expected area yield or expected crop value. |
| Prevented Planting | Not Available | Not Available | Not Available | Not Available | Not Available | Not Available |
| Replanting Payments | Not Available | Not Available | Not Available | Not Available | Available | Not Available |
| High-Risk Land Exclusion | Not Available | Available | Not Available | Not Available | Not Available | Not Available |
| Written Agreements | Not Available | Not Available | Not Available | Not Available | Available | Not Available |
| Hail and Fire Exclusions | Not Available | Not Available | Not Available | Not Available | Not Available | Not Available |
| Subsidies for Basic / Optional Units (Level - Percentage) | 80% | 65% |
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% |
80% | 80% |
| More Information | Details about ECO | Details about MCO | Details about MP | Details about MPHPO | Details about STAX | Details about SCO |