{"id":7878,"date":"2024-01-19T10:19:46","date_gmt":"2024-01-19T15:19:46","guid":{"rendered":"https:\/\/silveuscropins.com\/?page_id=7878"},"modified":"2024-01-19T10:19:46","modified_gmt":"2024-01-19T15:19:46","slug":"brp","status":"publish","type":"page","link":"https:\/\/silveuscropins.com\/brp\/","title":{"rendered":"BRP"},"content":{"rendered":"

\"BAND<\/span><\/div><\/div><\/div><\/div><\/div>

Band Revenue Protection (BRP)<\/h2><\/h1><\/div><\/div><\/div><\/div><\/div>

The BRP policy allows you to elect either revenue or yield protection bands of coverage at higher coverage levels than offered through the Multi-Peril Crop Insurance program.<\/p>\n<\/div>

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Available Options<\/h3>\n
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    1. Lower Coverage Level\u00a0<\/strong>\u2013 lower limit of the band coverage and must be the same as the RP<\/a>, RP-HPE<\/a>, or YP<\/a> elected coverage level. When ECO<\/a> and\/or SCO<\/a> is also elected on the MPCI policy, the lower coverage level will be the maximum level of the ECO and\/or SCO\u00a0coverage.<\/li>\n
    2. Upper Coverage Level\u00a0<\/strong>\u2013 upper limit of the band coverage. The maximum band election allowed will be 10%<\/li>\n
    3. Harvest Price Decline<\/strong> \u2013 an elected percentage that will set the minimum Harvest Price to be used in determining the Revenue to Count when electing RP coverage. Taking the projected priced times 1 minus this percentage will set the minimum Harvest Price\u00a0allowed for the policy.<\/li>\n
    4. Adjustment Factor<\/strong>\u00a0\u2013 A value less than or equal to 1.0. Selecting a value which is less than 1.0 means that your limit of insurance, premium and loss payment will be reduced by this selected value.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<\/div>
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      Contact us to learn more about BRP Insurance:<\/h3><\/div>