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Whole-Farm Revenue Protection Plan 2016

Aug 27, 2015

Whole-Farm Revenue Protection (WRFP) insurance provides coverage against the loss of revenue that you expect to earn, or will obtain from commodities you produce or purchase for resale during the insurance period under one insurance policy. WFRP combines the Adjusted Gross Revenue (AGR) and Adjusted Gross Revenue-Lite (AGR-Lite) pilot programs and provides additional enhancements such as:

  • A range of coverage levels from 50-85 percent to fit the needs of more farming and ranching operations;
  • Replant coverage for annual crops;
  • The ability to consider market readiness costs as part of the insured revenue and expenses;
  • Provisions to adjust the insurance guarantee to better fit expanding operations;
  • An improved timeline for farming operations that operate as fiscal year filers; and,
  • Streamlined underwriting procedures based on the forms used for WFRP