RCIS offers hail optional endorsements. They include: Extra Harvest Expense, Green Snap, Green Snap with Extra Harvest Expense, Green Snap with Lodging Loss of Production, Corn Wind, Hail Production Plan Corn Wind, plus many more. Please remember that specific endorsements might have different expiration dates than the hail policy itself.
Below is a simple actuarial payout table. The first column on the left represents a potential loss adjustment from 1% to 100%. Each column in the ‘percent paid’ portion reflects each hail plan’s corresponding payment (as a % of total dollars insured). See an agent for more details.
We can also offer all levels of the Hail Production Plan. This plan was popular with some agents when it was more affordable and they could demand your underlying MPCI policy to write it. Since the RMA abolished this linking states have ruled this under-rating as a form of rebating, the production plans have become much more expensive. Our agents can show you a much better alternative if you have been buying this HPP from someone else. Stop in and sign up with us today!