It can be tough managing risk in today’s farming industry. So, Global Ag Risk Solutions developed a solution. It’s private, revenue-based, risk management insurance that helps farmers unlock their agronomic and marketing potential to maximize the profitability of their farm. Revenue insurance will help you farm the way you want to and feel comfortable enough to sleep better at night by transferring the risk off your farm.
Here's how it works
We ensure your three major inputs:
Plus a portion of your gross margin:
See how it works on a 10,000 acre farm
This farm purchases $150 per acre of gross margin coverage, plus they get 100% coverage on the $150 per acre they usually spend on crop inputs.
Acres: | 10,000 |
Per Acre: | x $300 |
Full Revenue Protection: | $3M |
Let's say...
They used an additional $25 per acre on inputs this year because they put down additional fungicide and fertilizer.
Per Acre Coverage: | $300 |
New Per Acre Coverage: | $325 |
New Full Revenue Protection: | $3.25M |
What if...
If the farm’s actual crop revenue is only $2.25 Million due to any combination of drought, flood, hail, wind, frost, lightning, excessive rain, snow, hurricane, tornado, accidental fire, insects, plant disease, heating of the crop in storage, or the price you received for grain…
Insured Revenue: | $3.25M |
Actual Revenue: | - $2.25M |
Insurance Payout: | $1M |
Revenue Insurance vs.
Traditional Crop Insurance
Here’s a simple breakdown of what traditional crop insurance has versus what we offer. Imagine what having insurance that works this hard could do for your farm.
Crop Insurance | VS | Global Ag Risk Solutions |
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Yield Loss |
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Individual Crop Coverage |
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Increased Input Costs |
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Marketing (non-delivery penalties) |
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Commodity Price Change |
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Losses in the Bin |
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Arbitrary, by location | Premium Calculation | Based on your success |