Livestock Insurance
Coverage that’s built for the real-world challenges ranchers face.
Raising livestock comes with plenty of variables you can’t control. From market swings to sudden losses, it only takes one bad turn to throw off your season. To support your operations during these times, we offer customizable Livestock Risk Protection (LRP) plans. Whether you're raising cow-calf pairs, stockers, or feeders, we’ll help you find the right level of coverage.
Livestock Risk Protection (LRP)
Livestock Risk Protection (LRP) is designed to insure against declining market prices. You may choose from a variety of coverage levels and insurance periods that match the time your cattle would normally be marketed. At the end of the insurance period, if the actual ending value is below the coverage price, you will be paid an indemnity for the difference between the coverage price and actual ending value.
Feeder Cattle: You may choose from two weight ranges 100-599 pounds and 600-1000 pounds. Actual ending values for feeder cattle are based on weighted average prices from the Chicago Mercantile Exchange Group Feeder Cattle Index.
Fed Cattle: Weight range for fed cattle is between 1,000 and 1,600 pounds. Actual ending values for fed cattle are based on weighted prices from USDA’s Agricultural Marketing Service.
Frequently Asked Questions
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We primarily cover beef cattle operations, including cow-calf, feeder cattle, and stockers.
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It helps protect against unexpected drops in market prices.
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No. Coverage can be tailored, whether you’re running a small herd or a large-scale operation.
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Just give us a call. We’ll talk through your operation and help you set up a plan that fits.
Coverage That Supports Your Operations
With the right insurance in place, you don’t have to lose sleep over what might happen next season. You’ll know your crops, your livestock, and your livelihood are protected. And if you’ve got questions or concerns, we’re just a phone call away.