Cedar Valley Insurance, Inc.

Description

Group Risk Income Protection (GRIP) – Similar to GRP, except the focus is on revenue, not yield. It is available in certain states and counties. GRIP is designed as a management tool to insure against widespread loss of revenue from the insured crop in a county. It is primarily intended for use by those producers whose yields are highly correlated with those of the other producers in the county who wish to insure that the combination of the yield and price result in a particular level of revenue.

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