catastrophic risk protection

The minimum level of coverage offered by Federal Crop Insurance Corporation (FCIC) which is required before a person may qualify for certain other USDA program benefits unless the producer executes a waiver of any eligibility for emergency crop loss assistance in connection with the crop. For the 1999 and subsequent crop years, such coverage will offer protection equal to fifty percent (50%) of the approved yield indemnified at fifty-five percent (55%) of the expected market price, or a comparable coverage as established by FCIC. The minimum level of coverage offered by FCIC. Catastrophic risk protection is not available with revenue protection.

Authorization Path: 1.1.1.1.9.0