Multiple peril crop insurance is part of the federal crop insurance program (FCIP) and is one of the farm safety net programs. It is federally subsidized and has specific deadlines and regulations. There are different types of MPCI, but in general, it may cover crop losses due to natural hazards, such as high winds, drought, frost, insect damage, fires, flooding and disease. It may also provide revenue protection due to changing market conditions and other endorsements (e.g., Supplemental Coverage Option) may be available.