NEW: Crop & Livestock Income Protection

Introducing CLIP

The Crop and Livestock Income Protection (CLIP) insurance program — an innovative solution designed to safeguard agricultural operations for the 2026 crop year and beyond. CLIP provides comprehensive umbrella revenue coverage, complementing existing Revenue Protection (RP) policies to offer farmers and ranchers enhanced financial security.

Coverage levels

With coverage levels of up to 85% of the combined insurable value of crops and livestock, CLIP ensures peace of mind by protecting against revenue shortfalls caused by insured losses.

Claims trigger

A claim is triggered when the overall operation’s revenue drops below the guaranteed insurance level chosen by the producer. To further support timely recovery, claims are settled promptly after the adjuster has worked the case.

CLIP offers flexibility and compatibility

Tailor the policy to match the unique needs of your policyholder's agricultural operation and combine with other endorsements such as:

  • Hurricane Insurance Protection - Wind Index (HIP-WI)
  • Enhanced Coverage Option (ECO)
  • Margin Coverage Option (MCO)

 

CLIP is unavailable for the following:

  • Area plans (Yield, Revenue and Revenue with Harvest Price Exclusion)
  • Catastrophic Coverage (CAT)
  • Yield Protection (YP)
  • Revenue Protection with Harvest Price Exclusion (RP-HPE)
  • Prevented Planting Payments
  • Cottonseed Endorsement
  • Downed Rice Endorsement
  • Malting Barley Endorsement
  • Margin Protection (MP)

Coverage levels

The CLIP program offers flexible coverage levels ranging from 55% to 85%, allowing producers to select the percentage that best suits their needs. The chosen coverage level applies to all CLIP-insured commodities and must meet the following criteria:

  • The coverage level must be at least as high as the highest underlying RP coverage level(s).
  • The coverage level cannot exceed the coverage level cap.

The coverage level cap is determined as the lesser of:

  1. 85%, or
  2. the sum of the lowest coverage level percentage for any underlying RP policy applicable to the RP commodity or crop practice (e.g. irrigated or non-irrigated practices), or the High-Risk Land Exclusion Option (HRLEO) coverage level, plus 25%.

Example:
A producer has an RP policy for corn at 60% coverage and an RP policy for soybeans at 55% coverage. The CLIP coverage level cap will be limited to 25% above the lowest coverage level (55% for soybeans). In this scenario, the producer may choose a CLIP coverage level of 55%, 60%, 65%, 70%, 75%, or 80%.

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To participate in the CLIP program

Producers are required to have Revenue Protection (RP) policies for at least two eligible crops or livestock policies within the same county. However, not all RP commodities must be insured under CLIP.

Example: producers can choose to insure their RP corn and soybean policies while excluding other crops, such as RP cotton or spring wheat.

CLIP election: must occur on or before the earliest Sales Closing Date (SCD) for the commodities being insured. Additionally, all acreage and/or head for the underlying RP crops or livestock chosen must be insured under the program.

CLIP is available in select counties

Throughout Alabama, Arkansas, Colorado, Georgie, Kansas, Louisiana, Mississippi, Nebraska, North Dakota, Oklahoma, South Dakota, Tennessee and Texas.

CLIP sales closing dates

The following RP policies with sales closing dates (SCD)
from 1/31 to 3/15 are eligible for CLIP:

Barley

Canola

Corn

Cotton

Dry Beans

Flax

Grain Sorghum

Oats

Popcorn

Rice

Rye

Soybeans

Wheat (Spring)

Dry Peas

Sunflowers

Peanuts

Weaned Calf Risk Protection

Have questions?

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