Tropical Fruit Coffee

All coffee cherries are insurable if:

• There is a premium rate provided by the actuarial documents in which you have a share;
• They are grown for processing in a county;
• They are grown to produce a crop intended to be sold for human consumption;
• Insurance company inspects and approves the orchard; and
• The coffee acreage has reached three years by December 31, the crop year before. Tree age is determined on December 31 using the following table:
  

You are protected against the following:

• Adverse weather conditions;

• Destruction of trees, if authorized by the insurance provider to contain the spread of disease;
• Disease, but not damage due to insufficient or improper application of control measures;
• Earthquake;
• Fire, unless weeds and undergrowth are not controlled;
• Insects or plant disease, but not damage due to insufficient or improper application of control measures;
• Tsunami;
• Volcanic eruption; or
• Wildlife, unless recommended wildlife control measures have not been taken.

Insurance begins January 1 for carryover policies and 30 days after we receive your application for a new insurance policy, but no earlier than January 1. The insurance period ends with the earliest occurrence of one of the following:

• May 31 of the following crop year; or
• Upon our determination of the total destruction of the insured crop on the unit.

Individual amounts of insurance are based on a your production history. Your approved, average yield is calculated from four to ten years of production records provided to an insurance agent. Coverage levels range from 50 to 75 percent of your approved yield. Crop insurance premiums are subsidized as shown in the following table. For example, if you choose the 65 percent coverage level, your premium share would be 41 percent of the base premium.

Catastrophic Risk Protection (CAT) coverage is fixed at 50 percent of your approved yield and 55 percent of the price election. CAT is 100 percent subsidized with no premium cost to you. There is, however, an administrative fee of $300 per crop per county, regardless of the acreage. 

Projected Price - {Based on the Chicago Board of Trade December Futures Contract from February 1, 2015, to February 28, 2015}.

Harvest Price - {Based on the Chicago Board of Trade December Futures Contract from October 1, 2015, to October 31, 2015. Protects you when fall prices are above the projected price}.