Soil Type Plus (STP)
STP is available exclusively from agents writing with American Farm Bureau Insurance Services, Inc. (AFBIS) in Michigan, Minnesota, and South Dakota for the Spring 2019 season. More states coming soon.
STP gives policyholders the option to buy up to 95% coverage for non-irrigated corn and soybeans in conjunction with their Federal MPCI policy.
STP is the FIRST private product to specifically factor in the policyholder's soil type in the rates. STP allows for the flexibility to choose a different unit structure than the underlying policy.
STP Additional Information
This information is intended for informational purposes only. Nothing contained herein can or should be interpreted to take precedence over policy language, Federal Crop Insurance Corporation/Risk Management Agency regulation, and Underwriting or Loss Adjustment rules.