Livestock Risk Protection (LRP) is design to insure against declining market prices. Producers can pick coverages that fit their needs from a variety of coverages and insurance periods. Producers will sign a one time application and once that is accepted, the producers can purchases specific endorsements. The producers can select coverages from 70 to 100 percent of the expected ending value. If the ending value is lower then the coverage price then the producer will receive an indemnity payment. The insurance period begins on the effective date for each specific coverage endorsement, along with end as stated in the endorsement.
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We can access many different insurance products so you can get the right one for you.
Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.
Our experienced and friendly agents are here to help you because they understand the risk for today's producers. Protect your yield and revenue with Daum Insurance.
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