Multi-peril crop insurance (MPCI) is a federally subsidized policy that protects farmers against a wide range of natural risks, such as drought, excessive moisture, hail, frost, and disease. It provides comprehensive coverage for crop yield and revenue losses caused by these perils, unlike single-peril policies that only cover a specific event
Key features
Federally subsidized: The program is supported by the U.S. government and administered through the USDA's Risk Management Agency (RMA).
Delivered by private companies: While federally supported, the policies are sold and serviced through private insurance providers.
Comprehensive protection: MPCI offers broader protection than single-peril policies, which only cover a specific risk like crop-hail.
Wide availability: It is available for over 120 different crops, though not all are covered in every geographic area.
Purchase deadlines: Policies must be purchased by deadlines established by the federal government each growing season.
Reader will be distracted by the readable content of a page when looking at its layout io The point of using Lorem Ipsum is that it has a more- or-less normal distribution of letters, as opposed to using Itis is a long established to th fact that a reader will be distracted by the readable content.