Area Risk Protection Insurance Regulations and Area Risk Protection Insurance Crop Provisions

Document ID: FCIC-11-0002-0001
Document Type: Proposed Rule
Agency: Federal Crop Insurance Corporation
Topics: Crop Insurance, Reporting and Recordkeeping Requirements
Federal Register Number: 2011-17781
CFR Citation: 7 CFR Part 407
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Details Information

Abstract:	This rule proposes to replace the Group Risk Plan (GRP) provisions in CFR part 407, which includes the GRP Basic Provisions, GRP Barley Crop Provisions, GRP Corn Crop Provisions, GRP Cotton Crop Provisions, GRP Forage Crop Provisions, GRP Peanut Crop Provisions, GRP Sorghum Crop Provisions, GRP Soybean Crop Provisions, and GRP Wheat Crop Provisions, with a new ARPI Basic Provisions and ARPI Crop Provisions for each of these crops except Barley and Peanuts. The new ARPI provisions will also replace the Group Risk Income Protection (GRIP) Basic Provisions, the GRIP Crop Provisions, and the GRIP-Harvest Revenue Option (GRIP-HRO). ARPI will offer producers a choice of Area Revenue Protection, Area Revenue Protection with the Harvest Price Exclusion, or Area Yield Protection, all within one Basic Provision and the applicable Crop Provisions. This will reduce the amount of information producers must read to determine the best risk management tool for their operation and will improve the provisions to better meet the needs of insured’s.
Received Date:	July 22 2011, at 12:00 AM Eastern Daylight Time
Start-End Page:	44200 - 44224
Comment Start Date:	July 22 2011, at 12:00 AM Eastern Standard Time
Comment Due Date:	September 20 2011, at 11:59 PM Eastern Standard Time