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TeachMeFinance.com - explain Group Risk Income Protection (GRIP) Group Risk Income Protection (GRIP) The term 'Group Risk Income Protection (GRIP) ' as it applies to the area of agriculture can be defined as ' A county-based revenue insurance program, that is a variation of Group Risk Protection (GRP). GRIP pays a participating producer when the county revenue per acre for an insured crop falls below a trigger revenue selected by the insured producer, regardless of the actual revenue level of the individual producer. It is available on a limited basis where GRP is currently available'. Previous 5 Terms: Group Health Plan Group name Group of Seven (G-7) Group Or Network Hmo Group quarters Next 5 Terms: Group Risk Protection (GRP) group selection Group Velocity grouping symbols Grout About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.