You submit a one-time application for LRP-Feeder Cattle coverage. After the application is accepted, you can buy specific coverage endorsements throughout the year for up to 6,000 head of feeder cattle that are expected to weigh up to 900 pounds at the end of the insurance period. The annual limit for LRP-Feeder Cattle is 12,000 head per producer per year (July 1 to June 30). All insured calves and cattle must be located in a state approved for LRP-Feeder Cattle at the time you buy an insurance policy. For Fed cattle you may buy specific coverage endorsements for up to 6,000 head of heifers and steers and a total of 12,000 annually (weighing between 1,000 and 1,400 pounds) that will be marketed for slaughter near the end of the insurance period. The length of insurance coverage available for each specific coverage endorsement is 13, 17, 21, 26, 30, 34, 39, 43, 47, or 52 weeks. You may fill out an application at any time. You also may buy multiple, specific, coverage endorsements with one application. Insurance coverage starts the day you buy a specific coverage endorsement and RMA approves the purchase.

Premium is due at the end of the coverage period.