|Sales closing date for spring crops|
|Thursday, February 13, 2014 10:17 AM|
SPRINGFIELD, Ill. ? Producers of spring-planted crops in Illinois, Indiana, Michigan and Ohio that are interested in buying crop insurance, or making a change to an existing policy, can do so until the March 15 sales closing date.
Crop insurance can protect producers from natural disasters which affected crop yields and revenues. Producers have a number of coverage choices, including yield coverage, revenue protection and area risk policies. Revenue protection safeguards a producer from yield losses and price movement. Area risk plans replace the group plans of insurance (GRP/GRIP) and offer coverage based on county yield data, where available.
Brian Frieden, director of USDA Risk Management Agency’s Springfield Regional Office, urges producers to contact a crop insurance agent for details. Crop insurance is sold and delivered solely through private crop insurance agents.
Agents can help producers determine what policy works best for their operation and review current policyholders’ existing coverage to ensure the policy meets their needs. A list of crop insurance agents is available at all USDA Service Centers or on the RMA website at www.rma.usda.gov/tools/agents/.
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