Catastrophic Coverage Crop Insurance

This is insurance coverage developed by the federal government to provide a safety net for crop producers when the crop disaster program authority was repealed. Farmers who choose to not utilize this insurance or crop insurance forfeit their right to any government assistance programs.

Anyone is eligible for this type of insurance. No debt relationship required.

Features and Benefits

Feature	Benefit
Provides catastrophic coverage.	CAT coverage is equal to 50% of the growers own proven yields at 55% of established market price election.
Very small policy cost.	Because of government subsidies, cost is only $100/crop/county.
Satisfies FSA requirements for coverage to be eligible for Government Programs and disaster payments.
Documents producer's production yields.