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- W441623770 abstract "The Risk Management Agency has eliminated the Group Risk Plan and Group Risk Income Plan policies, crop insurance products that made payments based on county yields or county revenues, replacing those products with the Area Risk Protection Insurance (ARPI) policy. While similar, Group and ARPI policies have several differences. ARPI policies will make the same payments as corresponding Group policies, except at very low county yields and harvest prices. However, the yields and prices resulting in differing payments are unlikely to occur. Unlike Group policies, ARPI requires production reporting. Also, ARPI has final planting dates by which planting must occur to have APRI coverage. For Illinois, these final planting dates are in late June for corn and middle July for soybeans. Even given these differences, farmers will find that ARPI policies are close substitutes for Group polices." @default.
- W441623770 created "2016-06-24" @default.
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- W441623770 date "2014-01-07" @default.
- W441623770 modified "2023-09-23" @default.
- W441623770 title "Area Risk Protection Insurance Policy: Comparison to Group Plans" @default.
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