Texas Farm Credit

Texas Farm Credit provides a range of insurance programs designed to support farmers and ranchers in managing the risks associated with production agriculture and rural living. These programs include crop insurance to protect against losses from wheat, corn, cotton, peanuts, and other crops, as well as Pasture, Rangeland, & Forage (PRF) insurance to mitigate risks linked to rainfall uncertainty for livestock producers. Livestock insurance options such as Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), and Dairy Revenue Protection (DRP) are available, administered by the USDA’s Risk Management Agency. Additionally, Texas Farm Credit offers credit life insurance policies tailored to the needs of its rural customers, providing debt protection. To enhance risk management, farmers can bundle area/county-based endorsements with Multi-Peril Crop Insurance (MPCI) policies, including Supplemental Coverage Option (SCO), Enhanced Coverage Option (ECO), Stacked Income Protection Plan (STAX), and Margin Coverage Option (MCO). These add-ons provide extra layers of protection against yield or revenue losses at the area/county level. Texas Farm Credit also offers term and whole life insurance options through FCS LifeExpress, which can be customized to meet individual needs and provide financial security for families and businesses. These policies can cover loans, secure comprehensive coverage, provide for educational needs, preserve business equity, transition assets, and bring peace of mind. Term life insurance provides coverage for a specified period, while whole life insurance offers lifelong protection with a cash value that grows over time.