Private Products | Increasing Payment

Fire and Allied Programs • Crop-Hail Endorsements

Increasing Payment

This endorsement provides additional coverage to the grower in the event of a catastrophic loss. The MPCI policyholder can insure up to 90% of the actual cash value of the crop by utilizing IP. IP will begin to cover losses when the potential production for a unit is less than 50% of the MPCI approved Actual Production History yield. IP also contains an increasing payment provision of 11.1% which allows the total unit liability to be paid out when the potential production for a unit is 10% or less of the IP guarantee.

Green shaded states show availability of this program.

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