[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-301483-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-301483-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","wfrp-whole-farm-revenue-protection-required-producer-information-eligibility-and-how-it-works","WFRP Whole Farm Revenue Protection - Required Producer Information - Eligibility and How It Works","","Whole Farm Revenue Protection (WFRP) is a single insurance product that covers revenue from covered commodities across an entire farming operation during the insurance period. Eligibility centers on meeting federal-benefit, U.S. residency, and diversification requirements, including providing five consecutive years of Schedule F (or substitutable) tax forms and supporting documentation when needed. 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Additional signed tax forms may be required to demonstrate the filings are accurate and correctly submitted.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What does WFRP cover and what is excluded?",{"text":67,"@type":63},"WFRP covers approved revenue tied to covered commodities produced and commodities bought for resale during the insurance period, with exceptions for timber, forest/forest products, and animals for sport, show, or pets.",{"name":69,"@type":60,"acceptedAnswer":70},"How is insured revenue calculated under WFRP?",{"text":71,"@type":63},"The producer selects a coverage level between 50% and 85% in 5% increments. Insured revenue equals the chosen coverage level multiplied by the farm’s approved revenue, with adjustments for items like inventory from sold commodities produced in previous years and other policy-required changes.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},301483,1790211967,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,118,123],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":125},158,"general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":124,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":22,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":26,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":139,"read_time":22},5909892115043,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","[www.agrisompo.com](www.agrisompo.com)  \n \\#BetterTogether  \nAgriSompo North America, Inc. is an Equal Opportunity Provider. \\#14569 _ 111621  \n[www.agrisompo.com](www.agrisompo.com)  \n+1 800 335 0120  \nWFRP   \nWHOLE FARM  \nREVENUE PROTECTION  \nREQUIRED PRODUCER INFORMATION  \nIn order to qualify for Whole Farm Revenue Protection, the producer must provide five consecutive years of Schedule F forms (or other farm tax forms; in this case it must be possible to create a Substitute Schedule F form) . The entire five years of tax forms may not be required for Beginning or Veteran Farmer or Ranchers (BFR/VFR), tax-exempt entities, or producers who were physically unable to farm for a year.  \nThe producer may also be required to provide additional supporting information, including other signed tax forms, to demonstrate that the farm tax forms are accurate and have been filed correctly.  \nA Leading Crop Insurance Provider  \nWHAT IS WFRP?  \nWhole Farm Revenue Protection (WFRP) allows producers to cover their entire farming operation with a single insurance product, meaning they no longer need to take out separate policies for each individual commodity.  \nWFRP protects against the loss of revenue a producer earns or expects to earn from commodities produced during the insurance period and commodities bought for resale during the insurance period. All commodities on the farm are covered except timber, forest, forest products, and animals for sport, show, or pets.  \nWFRP may be purchased either as a stand-alone policy or bundled with other buy-up level MPCI policies.  \nWHEN IS INDEMNITY PAID?  \nA farm’s approved revenue will be determined by AgriSompo North America using the policyholder’s Whole Farm History Report, Farm Operation Report, and information regarding the growth of the farm. A farm’s approved revenue may never exceed the value listed in the table below.  \n\n| Coverage Level | Commodity\u003Cbr>Count (Minimum Required) | Maximum\u003Cbr>Farm Approved\u003Cbr>Revenue |\n| --- | --- | --- |\n| 85 | 3 | $10,000,000 |\n| 80 | 3 | $10,625,000 |\n| 75 | 1 | $11,333,333 |\n| 70 | 1 | $12,142,857 |\n| 65 | 1 | $13,067,923 |\n| 60 | 1 | $14,166,167 |\n| 55 | 1 | $15,454,545 |\n| 50 | 1 | $17,000,000 |\n\nThe approved revenue is converted to the revenue-tocount by excluding inventory from sold commodities produced in previous years (including the value of commodities produced that have not yet been harvested or sold) and applying any other adjustments required by the policy, such as those from uninsured causes of loss.  \nA loss occurs under this policy when the WFRP revenue-to-count for the insured year falls below the farm’s insured revenue.  \nHOW IS INSURED REVENUE CALCULATED?  \nThe policyholder may choose a coverage level between 50% and 85%, in 5% increments.  \nThe policyholder’s farm must produce at least three separate commodities, as defined by the policy, before a coverage level of 80% or 85% may be chosen.  \nThe total amount of insurance coverage provided by the WFRP policy, called the farm’s insured revenue, will be equal to the chosen coverage level multiplied by the farm’s approved revenue.  \nIS WFRP RIGHT FOR ME?  \nWhole Farm Revenue Protection is intended for producers with no more than $8.5 million dollars of insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, farm-identity preserved, specialty, or direct markets.  \nTo be eligible for WFRP, a producer must meet the following requirements:  \n• Be eligible to receive Federal benefits  \n• Be a U.S. citizen or resident  \n• File either a Schedule F tax form or other farm tax form that can be converted to a Substitute Schedule F for the previous five consecutive years  \n• Have no more than $8.5 million in insured revenue, which is the farm revenue allowed to be insured under the policy multiplied by the coverage level selected  \n• Have no more than $2 million expected revenue from animals and animal products, and have n","cbCaipEW286O9LRx","https://ap.wps.com/l/cbCaipEW286O9LRx","pdf",3465780,"English","# Required Producer Information\n## What is WFRP\n## When is Indemnity Paid?\n## How is Insured Revenue Calculated?\n## Is WFRP Right for Me?","[{\"question\":\"What producer information is required to qualify for WFRP?\",\"answer\":\"Producers must provide five consecutive years of Schedule F forms (or other farm tax forms that can be converted into a Substitute Schedule F). Additional signed tax forms may be required to demonstrate the filings are accurate and correctly submitted.\"},{\"question\":\"What does WFRP cover and what is excluded?\",\"answer\":\"WFRP covers approved revenue tied to covered commodities produced and commodities bought for resale during the insurance period, with exceptions for timber, forest/forest products, and animals for sport, show, or pets.\"},{\"question\":\"How is insured revenue calculated under WFRP?\",\"answer\":\"The producer selects a coverage level between 50% and 85% in 5% increments. Insured revenue equals the chosen coverage level multiplied by the farm’s approved revenue, with adjustments for items like inventory from sold commodities produced in previous years and other policy-required changes.\"}]","WFRP Whole Farm Revenue Protection - Required Producer Information - Eligibility and How It Works | PDF",1789782868]