Managing Risk Using Multi-Peril Crop Insurance

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Managing Risk Using Multi-Peril Crop Insurance

Grain Growers have released a Review into 2017 Multi-Peril Crop Insurance Products (MPCI). MPCI gives farmers some financial security over their harvest, protecting them from a percentage of potential revenue or yield loss. MPCI is a relatively new phenomenon Australia wide, also but has been trialed several times in Western Australia. The poor uptake of MPCI has been attributed to the lack of understanding regarding policies. Grain Grower’s Review collates products and compares them to key criteria and other products on the market.

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