|   |
 Additional Policy Provisions: LRP Advantages & Disadvantages
The second lecture complements the topics discussed in Study Guide: Chapter Two.
Topics covered in the lecture include:
- Specific perils protected by LRP insurance;
- Livestock ownership requirements of LRP;
- How LRP provides flexibility and guaranteed premium pricing to users;
- How to transfer coverage or assign an indemnity;
- Why offsetting transactions and lifting hedges are not allowed when using LRP;
- How LRP can reduce basis risk.
Important! USDA-RMA has revised the LRP policy. The 2008 LRP Policy Updates provides detailed information regarding LRP program changes for 2008.
- To view the videos, you will need the free RealPlayer software available from Real.com.
- To view the printed course materials and slides, you will need the Adobe Acrobat Reader
|
|
