Home > Term: group risk income protection (GRIP)
group risk income protection (GRIP)
A county-based revenue insurance program, that is a variation of Group Risk Protection (GRP). GRIP pays a participating producer when the county revenue per acre for an insured crop falls below a trigger revenue selected by the insured producer, regardless of the actual revenue level of the individual producer. It is available on a limited basis where GRP is currently available.
- Jenis Kata: noun
- Industri / Domain: Pertanian
- Kategori: Program & hukum pertanian
- Company: USDA
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