West Central Iowa | MJ swIL - 1/20/2019 06:52
Are you sure it isn't subsidized? I was thinking the whole farm revenue protection plans were. Also, alot of the private products don't make the companies money if they bring in other business like your MPCI policy.
I looked it up production cost insurance is a private policy. Companies make money of multi-peril, it's just a fixed amount. Sometimes the private policies can work, for example, production hail, but now premiums are getting higher so conventional hail is better. Where I'm @ I get hail at least every other year, are premiums are double, but it's still been working.
I can't figure out how to post links, but multi-peril enterprise units are subsidized 80 percent of the premium to 80% coverage, 85% is subsidized @53%, on the chart I was looking @. |
Production Cost Insurance - Guaranteed Income?? Need Advice
