Multi-Peril Crop Insurance (MPCI) Endorsements and Options supplement the underlying policy. These products consist of the Enhanced Coverage Option (ECO), the Supplemental Coverage Option (SCO), Hurricane Insurance Program - Wind Index (HIP-WI), Stacked Income Protection (STAX), and Post Application Coverage Endorsement (PACE).
Hurricane Wind Endorsement
The Hurricane Insurance Protection – Wind Index (HIP-WI) Endorsement covers a portion of the deductible of the underlying crop insurance policy when the county, or adjacent county, is within the area of sustained hurricane-force winds from a named hurricane that is published by the National Hurricane Center (NHC) at the National Oceanic and Atmospheric Administration (NOAA). Effective for the 2023 crop year and forward, this endorsement now includes an option to cover a tropical storm weather event.
Stacked Income Protection Plan (STAX)
Stacked Income Protection Plan is for upland cotton providing coverage for a portion of the expected revenue for your area. STAX may be purchased on its own, or in conjunction with another policy - including Yield Protection, Revenue Protection, Revenue Protection with the Harvest Price Exclusion, and any of the Area Risk Protection Insurance policies.