when your field of dreams turn to dust ... we offer yield protection (yp) gives you protection...
TRANSCRIPT
PRODUCTS WE OFFER
Yield Protection (YP)Gives you protection against loss in yield due to nearly all natural
disasters, including drought, excess moisture, cold and frost, hail,
wind, flood, frost and unavoidable damage from insects and disease.
You select the amount of average yield to insure, between 50% and
75% (and in some areas, up to 85%). A projected price –
based on daily settlement prices for certain futures contracts –
is used to determine the insurance coverage. Then you select the
percent of the projected price you want to insure, between 55% and
100%. YP insurance guarantee a yield based on your production
history. If your harvest yield is less than the yield guarantee, you
receive an indemnity payment.
Revenue Protection (RP)Provides protection against yield losses due to natural causes such
as drought, excessive moisture, hail, wind, frost, insects and disease
It also protects you against revenue losses caused by harvest price
declines or increases from projected price. You select the amount
of average yield you want to insure, between 50% and 75% (and
in some areas, up to 85%). The amount of insurance is based upon
either the harvest or the projected price, depending upon which is
greater. If the harvested yield and appraised production, multiplied by
the harvest price, is less than the protected revenue amount –
you receive the difference in an indemnity payment.
Catastrophic Insurance (CAT)The CAT endorsement can be attached to APH, Yield Protection and
GRP. The CAT coverage premium is paid by the Federal Government,
but for a $300 fee (per crop, per county) you can buy the minimum
insurance coverage, which pays 55% of the FCIC-established prices,
for a loss greater than 50% of your average yield. When the CAT
Endorsement is attached to a Group Risk Plan, coverage is based on
65% coverage level, at 45% of the FCIC-established prices.
Not available on the Revenue Protection Plans.
In times of volatile pricing and unpredictable weather patterns, managing your risk with crop insurance is an integral part of your success.
Recent years have brought devastating droughts, record-breaking heat waves, unseasonable snowfall and unforeseen natural disasters. These kinds of conditions make crop insurance absolutely critical.
No matter what you grow or where you grow it, the best defense against revenue loss is a good offense. With coverage on more than 120 crops, AgVantage is a superior resource for protecting your valuable ag investments at every level, in every circumstance, every year.
Crop Hail (CH)A full line of hail insurance products – including production hail –
are available for protection against specific weather-related losses,
fire, vandalism and first point of destination accidents.
Area Risk Protection (ARPI)These plans provide coverage based on the experiences of an entire
area, or county. It protects against loss of revenue due to decreases
in production, price or both – when these decreases are experienced
countywide. ARPI replaces the Group Risk Plan (GRP) and the
Group Risk Income Protection Plan (GRIP) in 2014 and succeeding
crop years. To determine loss, ARPI uses the county yield indexes,
combined with FCIC-established prices. You choose your preferred
“trigger” estimates for yield, price, or both. When countywide figures
fall below your trigger, an indemnity is paid. ARPI advantages include
less paperwork and lower costs, but your individual crops are only
covered against yield and profit if the rest of your county suffered
similar losses. If your yields and revenues typically follow your
county’s averages, then ARPI is a good choice.
Pricing Tools
AgVantage offers a variety of pricing options that enhance your
ability to increase your revenue guarantee. These are supplemental
pricing tools that are purchased on-top of your traditional multi-peril
crop insurance policy. These are very specific policies that should be
discussed one-on-one with your AgVantage agent.
EWeather RiskWeather tools are becoming more important in the grower’s risk
management tool box. AgVantage offers a number of heat, water
and growing degree day weather hedges to help supplement the
federal crop policies through our alliance with eWeather Risk. There
is no sales closing dates and these are uniquely tailored to individual
growers. Meet with your AgVantage agent for more details.
WHEN YOUR FIELD OF DREAMS TURN TO DUST.
CROP INSURANCE CAN HELP.
CROP INSURANCE GIVES YOU
FARM SECURITY.
GIVES YOU PIECE OF MIND.
THE RIGHT BALANCE OF FORWARD MARKETING AND CROP INSURANCE MEANS BETTER PROTECTION AND
INCREASED PROFITABILITY.
GET OUT OF THE RED ZONEWITH AGVANTAGE
OUR LOCATIONS
Champaign, Illinois 800.637.6710
Mansfield, Illinois 217.489.2007
Clymers/Delphi, Indiana 800.382.7534
Dunkirk, Indiana 800.382.6520
Oakville, Indiana 800.382.8658
Denison, Iowa 712.263.5665
Everly, Iowa 712.834.2238
Gruver, Iowa 712.834.2238
Milford, Iowa 712.834.2238
Spencer, Iowa 712.834.2238
Superior, Iowa 712.858.4491
Albion, Michigan 800.292.1350
Reading, Michigan 800.332.8236
White Pigeon, Michigan 800.632.2039
Anselmo, Nebraska 308.749.2554
Fairmont, Nebraska 402.268.6001
Kearney, Nebraska 877.236.8438
Greenville, Ohio 866.739.6561
Maumee, Ohio 800.992.1056
Metamora, Ohio 800.537.5911
Como, Tennessee 731.642.4889
Dyer, Tennessee 731.692.3677
Kenton, Tennessee 731.749.5421
Trenton, Tennessee 731.855.3971
Union City, Tennessee 731.885.9226
Net Income - [Insurance \ No Marketing]
+InsuranceIndemnity:
Net Income: Plan GrossIncome:
+HarvestSales:
+MarketingContributn
+LDP: +FSA: TotalCost:
-OperatigCost:
-InsuranceCost:
Income Summary
MarketingPlan:-
Marketing Basis:
$850.00
Operation Cost/Acre:
$-0.15
Basis:County Loan Rate:
$0.00$20.00
FSA/Acre:
0.00 0.00 0.000.00 0.00 0.00 0.00 0.000.000.00NON E - 85%
� ro�it � ro�it ��In�e�nit � � oss
Quoted as 85%.Do Nothing (No m kt and no insurance)
SPARTAN INSURANCE LLC
8462 WILLOW GLEN COURTHOLLAND, OH 43528
419-343-3344���ic e
18 - INDIANA
181 - WHITE
2014Rein Year:
State:
County
� a�419-491-1111
�� �uot e
Crop Price OptionsPlan
Quoting 2013 in 2014 Rein Yr.ASSUM PTION: ALL EU requirements have
UnitYear / Plan State / County Crop Location YieldAPH / Rate
Acres ShareAreaMap
� �ease Note� ��e �ina� cost o� � our cro� insurance an� t�e re�ate� co�era ge ru�es or an� �otentia� in�e�nities � a� not �e t�e sa�e as t�e esti�ates on t�is �a ge. N�� �ountr �Insurance �o��an � �akes no �arranties� e��ress or i���ie�� as to �ro�ita�i�it � � �otentia� in�e�nities or actua� outco�es. �ou are res�onsi��e �or in�esti gating � our o�tions an�se�ecting t�e cro� insurance co�era ge t�at � ou �e�ie�e �i�� �est �it � our �articu�ar nee�s. Neit�er N�� �ountr � Insurance �o��an � nor its a��i�iates or agents s�a�� �e res�onsi�� e�or an� �oss or ot�er �a�a ges cause� � � re�iance on t�e in�or�ation containe� on t�is � age.
�o� � rig�t� 200�-201� - ��� ri g�ts reser�e�. N�� �ountr � Insurance �o��an �- [ �ersion� 2.00.201�.1.1.0 - �ues� a� � �e�te��er 1�� 201� ]�atur� a� � �cto�er 1�� 201� at 10��� � M � age 1
RISK WITHOUT INSURANCE MARKETING
Net Income - [Insurance \ No Marketing]
+InsuranceIndemnity:
Net Income: Plan GrossIncome:
+HarvestSales:
+MarketingContributn
+LDP: +FSA: TotalCost:
-OperatigCost:
-InsuranceCost:
Income Summary
MarketingPlan:-
Marketing Basis:
$850.00
Operation Cost/Acre:
$-0.15
Basis:County Loan Rate:
$0.00$20.00
FSA/Acre:
1�0��.5 0 1�01�.5 0 1��.1 80.00 0.00 0.00 20.00 2�.� 2850.008��.� 2RP - 85%
�ro�i t � ro�it ��In�e�nit � � oss
Quoted as 85%.Crop Insurance no Marketing
SPARTAN INSURANCE LLC
8462 WILLOW GLEN COURTHOLLAND, OH 43528
419-343-3344���ic e
18 - INDIANA
181 - WHITE
2014Rein Year:
State:
County
� a�419-491-1111
�� �uot e
CropPlan Options
Price EU AcressVolatily
���N - �� � � �-85 � $5.� 50.2 100� ���� 100 0
��������
Quoting 2013 in 2014 Rein Yr.ASSUM PTION: ALL EU requirements have
UnitYear / Plan State / County Crop Location YieldADJ /Rate/ Trend
Acres ShareAreaMap
���N�N�N I���������� � �� IN � ��� � ���te ��������� ��� ����� ��� ������� ����
� �ease Note� ��e �ina� cost o� � our cro� insurance an� t�e re�ate� co�era ge ru�es or an� �otentia� in�e�nities � a� not �e t�e sa�e as t�e esti�ates on t�is � age. N�� �ountr �Insurance �o��an � �akes no �arranties� e��ress or i���ie�� as to �ro�ita�i�it � � �otentia� in�e�nities or actua� outco�es. �ou are res�onsi��e �or in�esti gating � our o�tions an �se�ecting t�e cro� insurance co�era ge t�at � ou �e�ie�e �i�� �est �it � our �articu�ar nee�s. Neit�er N�� �ountr � Insurance �o��a n� nor its a��i�iates or agents s�a�� �e res�onsi�� e�or an� �oss or ot�er �a� ages cause� � � re�iance on t�e in�or�ation containe� on t�is � age.
� o��rig�t � 200� -201� - ��� rig�ts reser�e�. N�� � ountr� Insurance � o��an �- [ �ersion� 2.00.201�.1.1.0 - �ues�a�� �e�te��er 1�� 201� ]�atur�a � � �cto�er 1�� 201� at 10��5 � M �a ge 1
PROTECTION WITH
Net Income - [Insurance \ Marketing]
+InsuranceIndemnity:
Net Income: Plan GrossIncome:
+HarvestSales:
+MarketingContributn
+LDP: +FSA: TotalCost:
-OperatigCost:
-InsuranceCost:
Income Summary
HTA 60% @ $6.00MarketingPlan:
Marketing Basis:
$850.00
Operation Cost/Acre:
$-0.15
Basis:County Loan Rate:
$0.00$20.00
FSA/Acre:
1�0�6.� 5 1�01�.5 0 20�. 0�0.00 �8.8 5 0.00 20.00 2�.� 2850.008��.� 2RP - 85%
� r��i t � r��it ��In�e�nit � � �s s
Quoted as 85%.Crop Insurance and Marketing
SPARTAN INSURANCE LLC
8462 WILLOW GLEN COURTHOLLAND, OH 43528
419-343-3344���ic e
18 - INDIANA
181 - WHITE
2014Rein Year:
State:
County
� a�419-491-1111
�� �u�t e
CropPlan Options
Price EU AcressVolatily
�� �� - �� � � �- 85% $5.650.2 100% ���� 100 0
����TA� A
Quoting 2013 in 2014 Rein Yr.ASSUM PTION: ALL EU requirements have
UnitYear / Plan State / County Crop Location YieldADJ /Rate/ Trend
Acres ShareAreaMap
���N�N�N I���������� � �� IN � ��� � ���te ��������� ��� ����� ��� ������� ����
� �ease ��te� T�e �ina� c�st �� � �ur cr�� insurance an� t�e re�ate� c��era ge ru�es �r a n� ��tentia� in�e�nities �a � n�t �e t�e sa�e as t�e esti�ates �n t�is �a ge. �A� ��untr �Insurance ����an� �akes n� �arranties� e��ress �r i���ie�� as t� �r��ita�i�it�� ��tentia� in�e�nities �r actua� �utc��es. ��u a re res��nsi��e ��r in�estigating ��ur ��ti�ns an�se�ecting t�e cr�� insurance c��era ge t�at � �u �e�ie�e �i�� �est �it � �ur �articu�ar nee�s. �eit�er �A� ��untr � Insurance ����a n� n�r its a��i�iates �r a gents s�a�� �e res��nsi�� e��r an � ��ss �r �t�er �a� ages cause� � � re�iance �n t�e in��r�ati�n c�ntaine� �n t�is � age.
� ���rig� t� 200�- 201� - A�� rig�ts reser�e�. �A� � �untr� Insurance � ���a n�- [ �ersi�n� 2.00.201�.1.1.0 - Tues�a�� �e�te��er 1�� 201� ]�atur� a� � �ct��er 1�� 201� at 10��6 A M � age 1
PROTECTION WITH+ GRAIN MARKETING