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Revenue Protection

Acronym
RP

PM-21-039: 2021 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1

The 2021 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection; Area Revenue Protection; Revenue Protection with Harvest Price Exclusion; and Area Revenue Protection with the Harvest Price Exclusion. The harvest prices are applicable for the crops, sales closing dates, states, practices, and types indicated in the following table.

MGR-21-002: Prevented Planting (PP) “1-in-4” Planted Requirement for the 2021 and Succeeding Crop Years

Background

Starting in 2012, RMA published the “1-in-4” requirement as a Special Provisions statement in several states in the Prairie Pothole Region (Iowa, Minnesota, Montana, North Dakota, and South Dakota). For the 2021 crop year, RMA expanded the “1-in-4” requirement nationwide by adding language to section 17(f)(8)(i)(E) of the Common Crop Insurance Policy, Basic Provisions (CCIP), and removing the corresponding Special Provisions statement.

COM-20-009: Appendix IV Review Requirements for Enhanced Coverage Option (ECO)

Background

On November 19, 2020, RMA released the 2021 Enhanced Coverage Option Endorsement (21-ECO) and 2021 Enhanced Coverage Option Insurance Standards Handbook (FCIC-24400) on the RMA website. ECO provides area-based coverage for a portion of the policyholder’s underlying policy deductible like the Supplemental Coverage Option (SCO). The underlying policy must be under the Basic Provisions of the Common Crop Insurance Policy –Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion, Yield Based Dollar Amount of Insurance, and APH policies.

PM-20-089: 2020 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Harvest Prices Announcement

Common Crop Insurance Policy & Area Risk Protection Insurance 1,2

The 2020 CY harvest prices shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion. The harvest prices are applicable for the crops, practices, sales closing dates and states indicated in the following table.