MULTI-PERIL CROP INSURANCE
Nature is unpredictable and disaster can strike at any moment.
Being in the farming business, you should understand better that the act of nature can cause severe disaster. The reality is that farm businesses fail from a lack of productivity over a period which erodes their equity and capacity to endure the disaster years. Since the future cannot be predicted, developing a safety net is ideal to protect against complete financial wreck when disaster strikes.
When should MPCI be purchased?
Multi-peril crop insurance has specific deadlines and should be bought before planting. It covers loss of revenue due to decline in the prices of agricultural commodities during the insurance period as well as the loss of crop yields from the different types of natural causes such as freeze, extreme moisture, drought and disease.
Benefits of MPCI Coverage
- Provides you with broad-based protection against weather-related disasters suffered owing to hail, drought, fire, diseases, earthquake, volcanic eruption, frost/freezing, wildlife damage, damaging wind and some other unavoidable perils.
- Gives you a safety net by providing coverage against poor quality, low yields, late planting and replanting costs.
- It provides coverage for more than 120 different crops in the entire areas of the USA at 50 to 75% (up to 85% in some counties) of the actual production history for the farm. Note that not all crops are covered in all areas.
In what areas can MPCI be useful?
- Organic farms
- Family-owned farms
- Livestock ranches
- Commercial farming operations
- Nursery operations
Hire Northern Ag LLC
With market and weather conditions constantly changing, it is essential to know you can protect the future of your commodities with crop insurance from Northern Ag LLC. We offer a full range of Multi-Peril Crop Insurance (MPCI) plans through our reliable insurance partners (Farmers Mutual Hail, and AgRisk Management Technologies (ARMtech) and will help to match the correct policy for your farm. The available insurance plans include yield Protection, revenue protection, Margin Protection, whole-Farm Revenue coverage and lots more.
When you hire Northern Ag, you can rest assured knowing that your legacy is secure should disaster strike. We will stand by you during demoralizing storms and falling crop prices with top-quality services, integrity and expertise.
WANT TO KNOW MORE?
For questions about MPCI plans or to book a free MPCI consultation, ask a professional at Northern Ag Inc today.