Should Revenue Protection with the Harvest Price Exclusion (RPwExcl) be considered as an alternative to Revenue Protection (RP). Unlike RP, RPwExcl does not allow its guarantee to increase if harvest price is above projected price. If RPwExcl is used, the author suggests considering a coverage level 5 percent higher than the RP product. These two products have roughly the same premiums. However, payments will vary between the two alternatives. RPwExcl will provide more price protection while RP will provide more yield protection.
Organization |
University of Illinois Extension |
Publisher |
University of Illinois |
Published |
February, 2012 |
Material Type |
Written Material |