Group Risk Protection (GRP)

A county-based insurance product that pays the producer in the event the county yield falls below the trigger yield selected by the producer.

What are the benefits of GRP?

• Flexible program that allows the farmer to choose between several coverage levels and amounts of protection.
• Maximum policy protection is 150% of the established price (x) the expected county yield.
• Offers a competitive premium, requires no records and less paperwork than other plans to participate.
• Subsidized by FCIC and protects against widespread loss of yield in a county.

How does it work?

• Uses county yields based on National Agricultural Statistics Service (NASS) data.
• Pays indemnity if the final county average yield is below loss payment trigger level.
• Coverage levels range from 65% - 90%.