Multi
Peril Crop Insurance (MPCI) is the oldest product available.
As the name implies, MPCI provides protection against a
loss in yield due to nearly all natural disasters. For most
crops, that includes drought, excess moisture, cold and
frost, wind, flood and unavoidable damage from insects and
disease.
Multi
Peril guarantees yield based on the individual producer's
Actual Production History (APH). If the production to count
is less than the guaranteed yield, the insured will be paid
a loss. |