Crop and Livestock Income Protection (CLIP)

Product Overview

Understanding Crop and Livestock Income Protection (CLIP)

CLIP is a federal crop insurance option that protects income from both crops and livestock under one flexible policy. It adds an extra layer of protection on top of your existing Revenue Protection (RP) policies, helping get to a higher level of coverage for a lower cost than buying high coverage for each crop separately.

By bundling at least two crops or livestock into one CLIP unit (within one county), farmers can save on premiums while increasing overall coverage.

Key Benefits

Affordable high coverage: Coverage up to 85% at a lower cost
Income protection: Protection when yields or prices drop
Simplified coverage: One additional, combined guarantee for crops of your choice
Better risk management: Higher protection without increasing individual RP coverage
Flexible by county: Purchased county by county

How It Works

Guarantee: CLIP guarantees up to 85% of the combined revenue from all bundled crops
Payment: Indemnities occur when total revenue from all enrolled crops is less than the CLIP guarantee

Eligibility

States: Nebraska, South Dakota
Crops: Barley, canola, corn, cotton, dry beans, dry peas, flax, grain sorghum, oats, peanuts, popcorn, rice, soybeans, sunflowers, weaned calves (WCRP), and wheat.

Units

CLIP uses one unit per county that includes all insured acres or livestock under the bundled RP policies. It does not change your underlying RP unit structure.

Can Be Paired With

Enhanced Coverage Option (ECO)
Margin Coverage Option (MCO)
High Risk Land Exclusion Option (HRLEO)

Deadline

CLIP follows the earliest sign-up deadline of any commodity included in the bundle.

Available to all qualifying producers regardless of race, color, national origin, religion, sex, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted of funded by USDA (not all bases apply to all programs).

How CLIP works

CLIP coverage works where RP stops – protecting the gap between RP and higher coverage levels.

RP guarantees were met, but total revenue fell short of the CLIP guarantee, so CLIP paid the gap.

RP paid on all three crops, and CLIP filled the gap to 85% coverage.

Are you covered?

We know crop insurance decisions can feel complicated. Our insurance officers have access to a tool that analyzes your numbers and local data to help you make the best decisions to meet your goals. Get started by completing the inquiry form and we’ll find a time that is convenient for you to meet with us.

Get Started

Why Work With Us for Crop and Livestock Insurance

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Dedicated Specialists

Our agents are non-commissioned and focus 100% of their time on crop insurance and livestock insurance — every working day of every week in the year. They don’t sell property, casualty or life insurance.

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Highly Trained

Our insurance officers receive annual training on RMA changes to crop insurance and livestock insurance plans and stay informed throughout the year.

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Financial Expertise

As a lender, we understand financial risk and work to protect your working capital, not just your crop or livestock.

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Exclusive Tools

Leverage our exclusive policy review and Hail Analyzer tools to receive a personalized insurance plan - maximizing your net indemnity, cash flow, forward market opportunities, and minimizing your premium costs.