Multiple Peril Crop Insurance Services
What is MPCI?
Multiple Peril Crop Insurance (MPCI) provides peace of mind by helping the farmer avoid financial interruptions in a bad year.
Great American was one of the first approved insurance providers of Multiple Peril Crop Insurance chosen by the federal government.
MPCI was developed by the Federal Crop Insurance Corporation and provides coverage against unavoidable crop loss for most crops.
MPCI has evolved into numerous products which offer farmers:
- Protection against a reduction in yield due to unavoidable crop losses caused by acts of nature or disease
- Revenue protection against market fluctuations
- Farmers have product choices that range from individual production and/or revenue plans to protection based on county yields and prices.
Unit Structures
- Basic- All insurable acreage of the insured crop in a county separated by share arrangement.
- Optional- A Basic Unit may be sub-divided into Optional Units if each optional unit is located in a separate section or FSA Farm Serial Number (whichever applies,) and there is a discernible break in the planting pattern, and separate production records are proven.
- Enterprise- All insurable acreage of the insured crop in a county. Some restrictions apply. Speak with your Great American Business Developer for details.
- Actual Production History (APH)- The amount of production per acre computed and used to determine guarantees within the MPCI program. An APH may contain up to 10 consecutive APH crop years of actual and/or assigned yields.
MPCI Plans
*Actuarial information provided by the United States Department of Agriculture Risk Management Agency can be found at https://webapp.rma.usda.gov/apps/actuarialinformationbrowser.