Pasture, Rangeland, Forage
(Rainfall Index) Insurance Program
2019 Sales Closing Date – November 15, 2018
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The PRF insurance plan is an area insurance plan for pasture, rangeland and
forage grown for the intended use of grazing by livestock or haying.
Policy provides single peril coverage for a decline in rainfall for an insured
grid area and not established on an individual farm level.
Coverage levels are available from 70% - 90% in 5% increments (percentage
of average rainfall).
Productivity factors allow individualization of coverage based on production
of the crop and may be selected from 60% - 150% in 1% increments.
Must select a minimum of two, 2-month index intervals (of a possible 11
intervals) where precipitation is important to operation(Jan.-Feb., Mar.-Apr.,
etc.).
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Indemnities are based on the deviation from normal rainfall (falling below policy coverage level) for
each grid area. Precipitation data is determined by the National Oceanic and Atmospheric Climate Prediction
Center.
For more information, contact your FCS Financial crop insurance specialist.
It’s not too late to purchase a Crop Hail policy
Most hailstorms last three to five minutes. In that time, Mother Nature can deal a crushing blow to your
crops, profits, and the future of your farming operation. Remove that risk today with crop hail coverage
from one of our four approved insurance providers. Contact your agent for rates and information
about the additional coverages that come with purchasing a crop hail policy.
HEARTBEAT | SUMMER 2018 21