Production Plan Endorsement
The Production Plan Endorsement modifies the hail policy to only provide coverage for the portion of the crop not covered under an MPCI policy on a Production Plan unit basis. The insured must also purchase at least a 50% Yield Protection, Revenue Protection or Revenue Protection with Harvest Price Exclusion policy at the buyup level (no CAT endorsement).
The unit structure is the same as the underlying MPCI policy, however, Enterprise Units, Whole Farm Units and Basic Units may be treated as Optional Units if separate production has been maintained.
This policy covers all of the same perils as the underlying hail policy with the exception of transit coverage and is an annual policy that must be renewed every year.