Max Price allows a grower to purchase – and add – additional price per bushel to their MPCI policy without using discovery windows. This coverage is transparent and as simple as selecting the federal crop coverage level and the additional price to protect. The coverage is guaranteed, and the policy even has the potential for payment without a federal crop indemnity.
- Bought on an enterprise, optional or basic unit structure to match the grower’s MPCI policy.
- Additional price for corn available at $0.15, $0.25 and $0.35 and for soybeans at $0.50.
- No alternative month discovery windows and the policy only expires if the farmer has a good production year.
- In the event the grower’s harvest guarantee exceeds the original guarantee, Max Price will automatically convert to an MP Plus policy.