Enterprise Plus

Brought to you by Farm Credit, EnterprisePlus gives you extra coverage to protect your farms all together and individually. By adding EnterprisePlus to your existing Enterprise Unit Crop Insurance policy, you gain additional protection for each individual unit. The protection means increased potential for claim payments based on individual yields, regardless of how your overall operation performs.

How it works (see example)
EnterprisePlus is a supplemental policy to an Enterprise Unit policy. Enterprise Unit policies combine all farmed acres of a single crop within a county into one unit. The EnterprisePlus supplemental policy works like an Optional Unit policy, which allows for different guarantees for each individual unit.

EnterprisePlus can be added to either Revenue Protection (RP) policies or to Revenue Protection with the Harvest Price Exclusion (RP-HPE) policies that qualify for Enterprise Unit coverage. It can be added to both corn and soybean policies.

EnterprisePlus can be elected at either 10% or 5% below your Enterprise Unit coverage election.

Why EnterprisePlus?
Many producers elect Enterprise Unit Coverage to gain higher guarantees for a lower price. However, it is not uncommon to have a field or two that produce yields lower than the operation's average. With EnterprisePlus, each unit is insured individually. It provides the best of both Enterprise Unit Coverage and Optional Unit Coverage yet with an affordable price.

By adding EnterprisePlus to your Enterprise Unit Policy, you can insure each unit individually and still maintain Enterprise Unit Coverage levels.

Why You Benefit
When you have Enterprise Unit coverage, all your fields in the same county are treated as one unit, creating a balance between your high and low yields. Fields that produce less may not diminish your overall average enough to trigger a claim.

However, when you add EnterprisePlus to your policy, each unit is also insured individually. So, you are eligible for claim payments on lower producing units, regardless of your overall average. Insuring each unit by itself enhances your coverage.

Contact your local Farm Credit Crop Insurance Specialist today to sign up.

*Not all will qualify. Contact your Farm Credit team for details

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