PriceFlex is a pricing product designed to give growers additional discovery periods used in determining the revenue guarantee for the crop insurance policy.
The available alternative interval options are first 15 days of the interval, second 15 days of the interval, or all 30 days (whole month), as well as a 10-day interval bundle that takes the highest of the 19 ten-day periods between late March and the start of harvest price discovery. There is no risk of earning a lower price than can be achieved through the traditional crop insurance discovery period.
PriceFlex is a private insurance policy written in conjunction with an underlying individual (RP) or area (ARP) crop insurance revenue policy.
The information contained herein is not an offer to sell insurance. No binder, insurance policy, change, addition, and/or deletion to insurance coverage will be effective unless and until confirmed directly with a licensed agent. Please note any proposal of insurance we may present to you will be based upon the values developed and exposures to loss disclosed to us by you. All coverages are subject to the terms, conditions and exclusions of the actual policy issued. Not all policies or coverages may be available in every state.
Sales Closing Date:
15- and 30-day intervals must be purchased on or before the MPCI Sales Closing Date of the crop being purchased. Intervals purchased prior to the MPCI SCD must be bought 10 days prior to the expiration of the interval.
The SCD for the 10-day bundle is the MPCI SCD.
Price Caps: