Federal Crop Insurance

Don’t take a gamble on the weather or markets when your livelihood is in your crops. Trust the experts at 1^st Farm Credit Services to work with you on plans that best fit your needs and protection. 1^st Farm Credit Services is one of the largest crop insurance providers in Illinois.

1^st Farm Credit Services offers a variety of Federal Crop Insurance plans:
Revenue Assurance (RA)
Crop Revenue Coverage (CRC)
Multi-Peril Crop Insurance (MPCI)
Catastrophic Coverage (CAT)
Income Protection (IP)
Group Risk Plan (GRP)
Group Risk Income Plan (GRIP)

Revenue Assurance (RA)
- Individual, Revenue Protection
- Downside Price and Yield Protection and Upside Price and Yield Protection with Harvest Price option added. Available protection levels-65% to 85% of APH (Actual Production History)
- Loss payments paid when actual revenue is less than revenue guarantee
- Insurable units: basic, optional, enterprise and whole farm units
- Cost varies by crop, county, state, practice, options and coverage level
- Discount for enterprise units based on number of sections
- Harvest price option is higher cost
- Individual APH required
- Replant included
- Prevented planting included, buy up available
- Use revenue guarantee to protect aggressive pre-harvest marketing strategy

Crop Revenue Coverage (CRC)
- Individual, Revenue Risk
- Upside and Downside Price and Yield Protection
- Available protection levels-50% to 85% of APH
- Loss payments paid when actual revenue is less than revenue guarantee
- Insurable units: basic, optional and enterprise units
- Cost varies by crop, county, state, practice, options and coverage level
- Discount for enterprise units based on number of acres farmed
- Individual APH required
- Replant included
- Prevented planting included, buy up available
- Use revenue guarantee to protect aggressive pre-harvest marketing strategy

Multi-Peril Crop Insurance (MPCI)
- Individual Yield protection
- Available protection levels-50% to 85% of APH
- Loss payments made when actual yield is less than guarantee
- Insurable units: basic and optional units
- Cost varies by crop, county, state, practice, options and coverage level
- Individual APH required
- Replant included
- Prevented planting included, buy up available
- Covers bushels loss up to 85% of APH, does not offer upside price protection

Catastrophic Coverage (CAT)
- Individual, Production Risk
- Loss Coverage on Catastrophic Losses
- 50% of APH
- Loss payments made when actual yield is less than guarantee
- Insurable units: basic
- Individual APH required
- Replant included
- Prevented planting included
- Covers bushels loss only, up to 50% of APH
- Pays 55% of market price, no upside price protection

Income Protection (IP)
- Individual, Revenue Risk
- Price and Yield protection, Downside Only
- Available protection levels 50% to 75% of APH
- Loss payments paid when actual revenue is less than revenue guarantee
- Insurable units: enterprise only
- Cost: varies by crop, county, state, practice, options and coverage level
- Depends on individual yield history compared to county average
- Individual APH required
- Replant included
- Prevented planting included, buy up available
- Bushels are not guaranteed
- Not recommended with marketing strategy

Group Risk Plan (GRP)
- County, Production Risk
- Yield protection, based on county average
- Available protection levels 70% to 90% of expected county yield (trigger yield) as determined by National Ag Statistics Services (NASS)
- Price: 60% to 100% of price protection is available
- Loss payments paid when county average yield is less than selected trigger yield Insurable units: one unit, county wide, by crop
- Cost: Varies by area and coverage level
- Individual bushels are not guaranteed
- Not recommended with a marketing strategy

Group Risk Income Plan (GRIP)
- County, Revenue Risk
- Downside Price and Yield Protection and Upside Price and Yield Protection with Harvest Price option added based on county average
- Available protection levels 70% to 90% of expected county revenue
- Price: 60% to 100% of price protection is available
- Harvest revenue option is optional
- Loss payments made when county average revenue is less than selected trigger revenue
- Insurable units: one unit, countywide, by crop
- Cost varies by area and coverage level
- Harvest revenue option is higher cost
- Individual bushels are not guaranteed
- Not recommended with a marketing strategy

For more information, go to the Request Center.

Certain restrictions do apply, subject to approval.

1^st Farm Credit Services Crop Insurance
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