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Citrus Packer Contingent Insurance Policy

Features

  • Flexible, affordable options
  • Targeted coverage
  • Three deductibles available

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    Citrus Packer Contingent Insurance Policy

    Keep your business moving through a freeze.

    Problems with the citrus harvest may lead to interruptions in your packing operation. The new Business Interruption policy from John Deere Risk Protection provides affordable protection against business interruptions due to citrus freeze damage prior to harvest.
    • Provides extra protection for packers with an interest in citrus acreage     
    • Coverage available in California for seven varieties of citrus: navel, Valencia, mandarin and sweet oranges; grapefruit; lemons; and tangelos.    
    • Coverage begins November 15 or 10 days following application date, whichever is later.

    Benefits

    • Flexible, affordable options: You choose the deductible level that best fits your budget and acceptance of risk.
    • Targeted coverage: Your Citrus Freeze policy is focused on the single biggest risk to citrus growers — freeze.
    • Three deductibles available: 40 percent, 50 percent or 60 percent.
    • Coverage begins November 15 or 10 days following application date, whichever is later.

    How the Business Interruption policy works

    The Business Interruption policy is available through John Deere Risk Protection and is for Citrus trees in their sixth growing season; coverage for younger trees may be available with an MPCI written agreement or through approval from John Deere Risk Protection.


    You choose a deductible level; one deductible is applied to all qualifying crops. Using a three-year history of your operation's packing volume and per-carton value, we calculate your policy's production guarantee. If you experience a frost or freeze that damages citrus yield and affects your packing operation, provide notice within 72 hours to be eligible for an indemnity payment.


    Benefits

    • Flexible, affordable options: You choose the deductible level that best fits your budget and acceptance of risk.
    • Targeted coverage: Your Business Interruption policy limits your exposure to the single biggest risk facing citrus growers and packers — freeze.
    • Broad citrus coverage: Citrus Freeze includes seven citrus crops in 14 California counties; coverage may begin as early as December 1.