Catastrophic Coverage (CAT) - A plan of insurance established by FCIC that provides coverage comparable to a level for a single crop that is equal to 50 percent (50%) of the approved yield idemnified at 55 percent (55%) of the expected market price. This is the minimum level of coverage required for a person to qualify for certain other USDA program benefits unless the producer executes a waiver of any eligibility for emergency crop loss assistance.

Crop Revenue Coverage (CRC) - An insurance program that guarantees a stated amount of revenue. CRC covers revenue losses due to a low price, low yield, or any combination of the two.

Multi-Peril Crop Insurance - An insurance program to minimize risk and help protect farmers for loss of production below a predetermined yield, known as the unit guarantee which can be calculated using the producer’s actual production history.

Revenue Assurance (RA) - Protects a producer’s crop revenue whenever low prices or low yields, or combination of both, causes the crop revenue to fall below the guaranteed revenue level.

Livestock Coverage

- Full Mortality
- Loss of Use
- Major Medical

Crop Hail Coverage

 

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