Below are a few of the tops reasons that make Margin Protection attractive for 2022.
95% County Level Revenue Coverage
Margin Protection can provide up to 95% county level revenue coverage.
Different Price Discovery Period
The discovery period for the initial price guarantee is calculated from August 15 to September 14. This can be beneficial when prices are high in late summer, rather than waiting until February to lock in your crop insurance guarantee.
More Coverage Potential
Margin Protection provides the full 95% coverage per acre unlike other top end products that limit coverage to a top end band of coverage.
Input Cost Protection
Margin Protection also provides coverage against increasing input costs: fertilizer, diesel, and interest. What are the chances these inputs will increase from September to next year? Other crop insurance products don’t offer protection from increasing inputs, which can contribute to reducing your overall profitability.
Contact me for information (641-847-9847 or bharms@phillipsstafford.com). Sales deadline is September 30th.
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