ACTUAL PRODUCTION HISTORY
APH is the oldest insurance product listed on this comparison. The APH plan of insurance provides protection against a loss in yield due to nearly all natural disasters. For most crops, that includes drought, excess moisture, cold and frost, wind, flood and unavoidable damage from insects and disease. Like YP, the APH plan of insurance guarantees a yield based on the individual producer’s actual production history. Unlike YP, the available price elections are established by the Risk Management Agency. An indemnity is due when the value of the production to count is less than the liability. Of the small grain crops, only oats, rye, flax, and buckwheat remain covered under the APH plan of insurance for the current crop year.
Types off Losses Covered
Production Loss
Available Unit Structures
- Basic
- Optional
- Enterprise
- Whole-farm
Applicable Price(s) / Price Election(s)
Percentage elected by insured of price election determined by the Risk Management Agency
Maximum Price Movement
Not Applicable
Coverage Levels Available
- 50%
- 55%
- 60%
- 65%
- 70%
- 75%
- 80%
- 85%
How is your Guarantee Calculated
Production Guarantee = APH approved yield x coverage level
Are Replants Included
Available
Do Late Planting Provisions Apply
Applicable
You Receive an Indemnity If…
The production to count x price election is less than the value of the production guarantee x insured acres