Supplemental Coverage Option (SCO)

NEW Federally SUBSIDIZED ENDORSEMENT for 2021

SCO may not be for every grower or a good fit in your county—using our software, we can help you understand if it’s right for you.

  • Highest subsidy rate (65%) when applied to crop insurance policy above 80% coverage

  • An SCO indemnity payment may be triggered even when no other crop insurance claims are triggered

  • Similar to ECO

We can help you understand SCO and decide if it’s right for your operation.

EXAMPLE

SCO example county, Indiana

Corn Projected Price: $4.02
County APH: 190 bu/ac
MPCI Coverage Level: RP 75%
SCO Coverage Level: 75% – 86%

Expected Crop Value: $763.80/ac
(190 bu/ac x $4.02/bu =$763.80/ac)

MPCI Protection Amount: $572.85/ac
($763.80 x 75% = $572.85)

SCO Protection Amount: $84.02/ac
(86%-75% = 11% covered by SCO)
($763.80/ac x 11% = $84.02/ac)

Contact Silveus Insurance Group to learn more: