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IMPORTANT– CLAIMS & APPRAISALS No matter what you do during the growing season, sometimes Mother Nature just will not cooperate, and you are anticipating that your yields may fall below your guarantee. Obviously, this is not the situation you would like to be in, but it is the reason you purchased crop insurance. If you do find yourself in a claims situation, there are some important things to remember that can help the process go more smoothly. Insurance coverage generally begins at time of application or time of planting, whichever is later. The end of the insurance period is the earlier of total destruction of the crop, final harvest of the crop, abandonment of the crop, or the end of the insurance period (October 31 for wheat). It is the insured’s responsibility to notify the insurance company within 72 hours of the initial discovery of the damage or production loss, but no later than 15 days after the end of the insurance period, even if the crop has not been harvested. If you have a revenue

ACREAGE REPORTS The earlier we get started on reporting your planted crop acres, the earlier we can process your reports and return for your review. It is the customer’s responsibility to report the crop that was planted in each section, the planting date and your percent share of that crop. Reporting your crop accurately and double checking everything on the Schedule of Insurance is very important. Corrections or changes cannot be made after the July 15 reporting deadline. You do not need to report to FSA before reporting your planted acres to your crop insurance specialist. ■

protection policy and have a claim based on strictly price, the insurance company must be notified within 45 days of the harvest price announcement for the crop. The RMA is enforcing these rules and will decline late filed claim requests, they may also request

repayment from an insured for paid claims that were improperly filed. Remembering these key points will help avoid problems with your claim. As always, if you have questions, please contact your crop insurance specialist to assist you. ■

EARLY/FINAL PLANT DATES

2019 FALL WHEAT & FORAGE CLAIMS

Early and final plant dates vary by crop, county and state. Coverage levels can be reduced if a crop is planted too early or too late. Please check with your GreenStone crop insurance specialist or actuarial documents for specific details and dates for your county if you are unsure about which dates apply to your policy. ■

Appraisals are required when a customer plans to do something with the crop other than harvest in the normal manner. If you do not plan to take your wheat/forage crop to harvest, we must appraise the acres prior to destruction. ■

FIRST CROP/SECOND CROP

Crop Insurance Alert postcards will be mailed out on an “as needed” basis to customers. The goal is to communicate any vital information that we receive and feel necessary to pass along to you. Please pay attention to its message to ensure any required action on your part can be completed on a timely basis. ■

If you are planning on possibly removing a first crop to plant a second, make sure you contact your crop insurance specialist before doing so. You could be eligible for a claim, but you may forfeit that eligibility if you act before contacting your agent to discuss your options! ■ ORGANIC CROPS As a reminder, RMA now requires all insured organic certified producers to provide a copy of their organic crop plan and organic certificate to their agent before the acreage reporting date. ■

CROP INSURANCE ALERTS!

Partners — Spring 2019

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Profile for GreenStone Farm Credit Services

Partners Spring 2019  

Check out our 2019 spring edition of Partners. For more information, visit our website at www.greenstonefcs.com

Partners Spring 2019  

Check out our 2019 spring edition of Partners. For more information, visit our website at www.greenstonefcs.com