Ag Business Income Protector is a Contingent Business Income Program designed specifically for today’s Cooperatives and Processors to assist in managing risk.
This Contingent Business Income Program (CBI) provides coverage for your operation to protect against a financial loss of revenue due to a Qualifying Event occurring within your trade area. The coverage is designed to manage risk of lost revenue from sales, service, or throughput. The CBI coverage will put a financial floor under the annual budget of the Cooperative/Processor.
This coverage is now only available through the AgriCap Group, their Captive Insurance Structures and select group of reinsurance companies.
While Crop Yields may be increasingly uncertain from season to season, your Business Income doesn’t have to be. Changing weather patterns over the last 5 years have routinely caused losses throughout the agribusiness community.