MPCI policies provide coverage for loss of production or a combination of yield and price coverage.
Multiple Peril Crop Insurance (MPCI) is the general name given to crop coverage provided through the Federal Crop Insurance Corporation (FCIC). As the name suggests, multi-peril crop insurance policies provide coverage to the agricultural producer for a number of naturally occurring perils.
MPCI insurance policies provide coverage for loss of production or a combination of yield and price coverage. These combination products cover loss in value due to a change in market price during the crop insurance period, in addition to the perils covered by the standard loss of yield coverage.