Livestock Mortality Insurance
Two Plans For Protecting Your Livestock
The Livestock Risk Protection (LRP)
protects against declining livestock prices. The guarantee is based on the number of head times a target weight times a coverage price times the producer’s share.
The Livestock Gross Margin (LGM)
protects the gross margin between the value of the insured livestock and the cost of feed inputs. The guarantee is based on the expected total gross margin times the coverage level.