Producers have the option to buy additional protection coverage through a protection factor. The protection factor does not increase the final revenue guarantee but is applied to the expected revenue for the purposes of calculating a producer premium. If an indemnity is earned on the policy, the protection factor is also applied to an indemnity to determine the final indemnity payment. The protection factor may range from 1.0 to 1.5 in 0.05 increments.

2019-01-07T21:57:03-06:00