Margin Protection Plan The Next Generation of Crop Insurance Infographic08/14/2017
Margin Protection provides coverage against an unexpected decrease in operating margin (revenue less input costs). Margin Protection is area-based, using county-level estimates of average revenue and input costs to establish the amount of coverage and indemnity payments. Because Margin Protection is area-based (average for a county), it may not reflect your individual experience.
Margin Protection takes into considerations changes in crop prices, reductions of yields and changes in the prices of inputs used to grow the crop.
Margin Protection is available in select counties for corn, rice, soybeans, and wheat in the states listed below:
- Rice – Arkansas, California, Louisiana, Mississippi, Missouri and Texas
- Corn and Soybeans – Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin
- Wheat – Minnesota, Montana, North Dakota and South Dakota
Infographic Credit: ProAg – Your Trusted Crop Insurance Partner
For more information on how the Margin Protection Plan will work for you, go to ProAg.com/MarginProtection. Click here for more information on the Margin Protection Premium Estimator and Price Discovery tool. RMA’s Frequently Asked Questions on the Margin Protection Plan can by found by clicking here.
Contact your local ProAg agent for more information on Margin Protection Plan, the next generation of crop insurance. Come experience the ProAg difference today!
Not all coverages or products may be available in all jurisdictions. The description of coverage in these pages is for informational purposes only. Actual coverages will vary based on the terms and conditions of the policy issued. The information described herein does not amend, or otherwise affect, the terms and conditions of any insurance policy issued by ProAg or any of its subsidiaries.