How Does It Work?
RAMP® allows producers the opportunity to boost revenues at specific risk levels within their risk management plans. RAMP® supplements the insured’s MPCI coverage and is designed to help provide additional coverage when production and/or revenue losses are just over or under an insured’s MPCI guarantee.
RAMP® Yield (RY) is a plan that pays based on where the production to count (harvested bushels) falls within or below the selected coverage band.
RAMP® Revenue (RR) is a plan that pays based on where the harvest revenue falls within or below the selected coverage band.
RAMP® is available in select counties and select crops.
|Corn/Soybeans||AL, AR, CO, DE, GA, IL, IN, IA, KS, KY, LA, MD, MI,MN, MS, MO, NE, NC, ND, OH, OK, PA, SC, SD,TN, VA, WI, WV; ID (corn-only)|
|Fall Wheat||AL, CO, DE, GA, KS, KY, LA, MD, MS, NC, NE, PA,SC, SD, TN, VA, WV|
|Spring Wheat||MN, IA, ID, ND, SD, WI|
|Popcorn||IL, IN, NE, OH|
|Barley||CO, ID, MN, ND|
|Grain Sorghum||KS, NE, SD|
Please see policy provisions for specific counties in each state.
Price used to determine the harvest revenue must be
no less than 80% of the projected price.
What Are the Benefits?
- Select only the amount of protection your operation needs
- RAMP® unit structures can differ from your MPCI unit structures
- RAMP® coverage can begin before or at the same time as your MPCI Revenue Policy – you choose
- Choose a faster payout by selecting a smaller band of coverage
- Choose a slower payout by selecting a larger band of coverage
Downloads & Resources
Product Booklet Customize your Coverage. View pricing information, guidelines and details about the plan
Why Choose Ramp?
Your MPCI Coverage is Falling Short
Use RAMP® Yield to raise the price of your insured MPCI bushels.
Use RAMP® Yield to cover the unprotected portion of your APH.
You Need More Revenue Coverage
Use RAMP® Revenue to add revenue coverage in the area you want or need it.
Build protection above your MPCI coverage level.
You're Concerned with Cost
Use RAMP® on an enterprise basis to add protection to all insurable acreage of the insured crop.
4 Easy Steps to RAMP® Coverage
1. Amount of Coverage
Decide how much coverage you need. Select coverage up to $150 per acre or a percentage of the MPCI price.
See state underwriting guide for more detail.
2. Policy Type
Choose RAMP® Yield (Bushel Loss protection only) or RAMP® Revenue (Bushel + Revenue Loss protection).
3. Band of Coverage
Select when your RAMP® band coverage begins and ends. This spread of coverage is a percentage of your MPCI APH or APH Revenue Guarantee (whichever applies).
Decide how fast you want to be paid. Select a higher percentage of your APH and a small bandwidth to protect the upper end of your APH, or select a lower percentage of your APH and a larger bandwidth to spread out your coverage and save money.
RAMP® Coverage Options
4. RAMP® Unit Structure
Choose between RAMP® Optional or RAMP® Enterprise. RAMP® unit structure does not need to match your MPCI policy units.
If you have an MPCI RP or YP policy, you can add:
- RAMP® Yield
- RAMP® Yield with Enterprise Units
- RAMP® Revenue
- RAMP® Revenue with Enterprise Units