With rain due in the forecast, late plant coverages available to farmers
Overview
FAILURE TO PLANT THE INSURED CROP BY THE FINAL PLANTING DATE DESIGNATED IN THE SPECIAL PROVISIONS FOR THE INSURED CROP IN THE COUNTY, OR WITHIN ANY APPLICABLE LATE PLANTING PERIOD, DUE TO AN INSURED CAUSE OF LOSS THAT IS GENERAL TO THE SURROUNDING AREA AND THAT PREVENTS OTHER PRODUCERS FROM PLANTING ACREAGE WITH SIMILAR CHARACTERISTICS. FAILURE TO PLANT BECAUSE OF UNINSURED CAUSES SUCH AS LACK OF PROPER EQUIPMENT OR LABOR TO PLANT ACREAGE, OR USE OF A PARTICULAR PRODUCTION METHOD, IS NOT CONSIDERED PREVENTED PLANTING
PLANTING PROGRESS AS OF 5/22/19
WE ARE NOT ALONE!
IMPORTANT DATES - CORN
- LOCAL COUNTIES:
- FINAL PLANTING DATE OF 6/5
- 20 DAY LATE PLANTING PERIOD APPLIES
- AFTER 6/25 INSURED IS ONLY PROVIDED COVERAGE UP TO THEIR PP GUARANTEE
- IMPLICATIONS OFPLANTINGAFTER 6/5
- LOSE 1% OF INSURANCE GUARANTEE PER DAY
IMPORTANT DATES - SOYBEANS
- LOCAL COUNTIES:
- FINAL PLANTING DATE OF 6/15
- 20 DAY LATE PLANTING PERIOD APPLIES
- AFTER 7/10 INSURED IS ONLY PROVIDED COVERAGE UP TO THE PP GUARANTEE
- IMPLICATIONS OF PLANTING AFTER 6/15
- LOSE 1% OF INSURANCE GUARANTEE PER DAY
IMPORTANCE OF TIMELY CLAIM REPORTING
THE INSURED SHALL DECLARE PREVENTED PLANTING WITHIN 3 DAYS OF THE DECISION, BUT NO LATER THAN 3 DAYS AFTER THE END OF THE LATE PLANTING PERIOD
Questions?
If you have questions or would like to file a claim, feel free to call our office at 309-944-5151. We are here to assist.