10.450: Crop Insurance
Alternate Name: Crop Insurance
Overview
Program Number
10.450
Status
Active
Last Modified
July 29, 2022
Date Posted
July 29, 2022
Objective
Risk Management Agency’s (RMA) mission is serving America’s agricultural producers through effective, market-based risk management tools and solutions to strengthen the economic stability of agricultural producers and rural communities. To carry out this mission, RMA operates and manages the Federal Crop Insurance Corporation (FCIC).
FCIC provides crop insurance and risk management strategies to American producers. Private sector insurance providers, approved by FCIC, sell and service the policies. RMA develops and/or approves premium rates, administers the premium and expense subsidies, approves and support products, and reinsures the Approved Insurance Providers (AIPs). In addition, RMA sponsor educational programs on risk management and undertakes compliance activities to ensure program soundness.
Type of Assistance
B - Cooperative Agreements
Applicant Eligibility
Unless otherwise restricted by the insurance policy, owners or operators of farmland, who have an insurable interest in a crop in a county where insurance is offered on that crop, are eligible for insurance.
Beneficiary Eligibility
This program is excluded from coverage under OMB Circular No. A-87.
Related Programs
Additional Information
Federal Award Analysis
Crop Insurance grant spending
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Contracts
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Subcontracts
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Grants
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Subgrants
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Total
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Grant Awards
Crop Insurance direct grants
Grant Opportunities