AgWrap Coverage:
Overcome the limits of your AgriStability coverage with Production Cost Insurance.
Farmers using AgriStability need a solution that maximizes the benefits of the program, while layering on the industry-leading protection of Production Cost Insurance.
AgriStability covers 70% of your risk margin, while paying out 70 cents on the dollar in a claim. Global Ag Risk Solutions offers the industry’s only Production Cost Insurance product that takes full advantage of this great, low-cost coverage while extending it to include full protection for your inputs (seed, fertilizer, and chemical) and adding top-end coverage to protect your farm’s gross margin.
We also offer two customizable AgWrap options designed to add to your coverage by including an additional band of gross margin coverage – think of it as adding a Band policy to your AgWrap policy. Talk to your advisor today to learn which of these innovative options is the right fit for your unique needs.
Revenue
Investment
AgWrap protects you with coverage that fills in everywhere AgriStability doesn’t pay.
Features & Benefits
Access the same features and benefits of our industry-leading full coverage option.
AgWrap coverage offers full protection of your input costs (seed, fertilizer, and chemical), even if you increase your application during the growing season. On top of those costs, AgWrap provides gross-margin coverage to cover a portion of your fixed-costs and protect your upside. We take into consideration the risk margin already covered by your AgriStability coverage and adjust your premium so you aren’t paying for any overlap.
Control your premiums by taking full advantage of your AgriStability coverage.
The cost-effective coverage provided by AgriStability has helped farmers weather some difficult years. With AgWrap, you can effectively wrap your existing AgriStability coverage in a blanket of Production Cost Insurance. The result? You’ll be fully covered just like if you’d purchased our flagship full-coverage option, but your premiums will be lower to account for the risk carried by your AgriStability coverage.
AgWrap coverage offers full protection of your input costs (seed, fertilizer, and chemical), even if you increase your application during the growing season. On top of those costs, AgWrap provides gross-margin coverage to cover a portion of your fixed-costs and protect your upside. We take into consideration the risk margin already covered by your AgriStability coverage and adjust your premium so you aren’t paying for any overlap.
The cost-effective coverage provided by AgriStability has helped farmers weather some difficult years. With AgWrap, you can effectively wrap your existing AgriStability coverage in a blanket of Production Cost Insurance. The result? You’ll be fully covered just like if you’d purchased our flagship full-coverage option, but your premiums will be lower to account for the risk carried by your AgriStability coverage.
HOW IT WORKS
Production Cost Insurance
AgWrap Option: Multi-peril Production Cost Insurance
Covers the cost of your three major inputs:
Seed
Fertilizer
Chemical
Plus a gross margin you choose on top of your costs, adjusted to factor-in your AgriStability coverage. Optionally add an additional $50 or $100 gross margin band of coverage to increase your protection even further.
Input
Coverage
Premiums
With this option, you’ll have all the advantages of our industry-leading full coverage option. Your investment in inputs is protected, and your revenue guaranteed through a gross-margin coverage option that you choose. You’ll pay a lower premium for your coverage to reflect the component of your risk margin covered by your AgriStability coverage.`
If you have come to rely on AgriStability as a part of your farm’s risk management plan, AgWrap can give you even greater protection and the flexibility to farm harder and market with confidence.