Rural Mutual Insurance offers Dairy Revenue Protection to help farmers manage unexpected declines in milk prices

Company expects product to give farmers more options

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Sep 06, 2018, 14:30 ET

MADISON, Wis., Sept. 6, 2018 /PRNewswire/ -- Rural Mutual Insurance Company, the number one farm insurer in the state of Wisconsin, is excited to announce the offering of a new product, called Dairy Revenue Protection. This new product will allow Rural Mutual to add to their existing portfolio of products and continue to be a leader in the industry.

"We are excited about the addition of Dairy Revenue Protection to the Rural Mutual line of farm products that our agents offer," said Peter Pelizza, Executive Vice President and CEO of Rural Mutual. "This product will bring a new solution to the market for Wisconsin farmers to help them develop a comprehensive risk management strategy."

Dairy Revenue Protection, is designed to help farmers manage against unanticipated declines in revenue from milk price volatility. This new product was developed by the American Farm Bureau in collaboration with the Risk Management Association of the USDA.

"In a time of price volatility, farmers need to have access to effective risk management tools," said crop and beef farmer and Rural Mutual President Jim Holte. "Wisconsin farmers should be excited to see this new product added to Rural Mutual's existing portfolio to give them more options in their toolbox."

To learn more about Dairy Revenue Protection, please contact a Rural Mutual agent near you or go to www.RuralMutual.com/dairyrp.

About Rural Mutual Insurance
Rural Mutual Insurance Company has been protecting Wisconsin since 1934. As a Ward's 50 company, Rural Mutual provides a full line of insurance products exclusively to families, businesses and farms in Wisconsin. Since Rural Mutual does business in only one state, premiums paid here, stay here to keep Wisconsin strong. The company is headquartered in Madison and has more than 150 agents in more than 100 locations across the state. For more information about Rural Mutual Insurance, click here.

SOURCE Rural Mutual Insurance Company