FCIP liability by policy type
- by Francis Tsiboe and Dylan Turner
- 5/20/2024
Historically, individual yield-based policies made up most of the insured liability in FCIP. However, starting in the mid-1990s, individual revenue-based policies gained popularity and represented most of the insured liability for the last decade. Area and index plans have been growing in popularity but still represent a relatively small portion of total liability when compared to individual policies.