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Frequently Asked QuestionsAre the insurance premiums subsidized like those in crop insurance?
January 19, 2021No, unlike other crop insurance programs, there is no government cost-sharing of LPI premium or indemnity. The program is solely producer funded. LPI is designed to comply with trade agreements; therefore, over the long-term, the premiums collected will fund the indemnities paid. However, the federal government funds program development and administration costs, as well as provide deficit financing.