Oats

All oats grown in the county are insurable if:

• Premium rates are provided;
• It is grown in the county on insurable acreage;
• You have a share; and
• They are planted for harvest as grain under the Small Grains Crop Provisions and the Common Crop Insurance Policy.

Oats are not insurable if they are:

• Interplanted with another crop;
• Planted into an established grass or legume;
• Planted in a nurse crop, unless planted as a nurse crop for new forage seeding, but only if seeded at a normal rate and intended for harvest as grain; or
• A crop following another crop other than a cover crop that has reached the headed or budded stage prior to termination, regardless of the percentage of plants that reached the headed or budded stage.

Oats are insurable in the majority of the counties in Oklahoma. Please contact your insurance agent for insurance availability or see actuarial documents at: The Web Actuarial Information Browser. Coverage in other counties may be available by written agreement if certain criteria are met.

You are protected against the following:

• Adverse weather conditions, including hail, frost, freeze, excess precipitation and drought;
• Fire, if due to natural causes;
• Failure of irrigation water supply, if due to an insured cause of loss within the insurance period;
• Insects, but not damage due to insufficient or improper application of pest or disease control measures;
• Plant disease, but not damage due to insufficient or improper application of pest or disease control measures; or
• Wildlife.

Insurance coverage begins on the later of:

• Date we accept your application ; or
• Date when the oats are planted by the final planting date designed.

Insurance coverage ends at the earliest of:

• Total destruction of the crop;
• Harvest of the unit;
• Final adjustment of a loss;
• End of insurance period;
• Abandonment of the crop; or
• October 31.

Sales Closing…..………….September 30, 2015
Cancellation Date………....September 30, 2015
Final Planting Date…………….March 15, 2016
Acreage Report Date………….…May 15, 2016
Premium Billing……...……………July 1, 2016
End of Insurance……………..October 31, 2016

APH Yield - Actual Production History (APH) yield used to determine the production guarantee. The APH yield is based on up to 10 years of actual, assigned yields, adjusted and/or unadjusted transitional yields.

Production Guarantee Per Acre - The number of pounds, bushels, tons, cartons, or other applicable units of measure determined by multiplying the approved APH yield per acre by the coverage level percentage elected.

Oats may be insured at the coverage levels shown in the table. Crop insurance premiums are subsidized as shown. If you select the 75 percent coverage level, the premium subsidy is 55 percent of the base premium. For coverage levels above the Catastrophic Risk Protection (CAT) level, in addition to premium costs.

These provisions provide protection on acreage that cannot be planted. Your prevented planting coverage will be 60 percent of your production guarantee for timely planted acreage. If you have additional levels of coverage, and pay an additional premium, you may increase your prevented planting coverage to a level specified in the actuarial documents.

Haying or grazing a cover crop will not impact eligibility for a prevented planting payment provided such action did not contribute to the acreage being prevented from planting. Please consult a crop insurance agent for details.

A loss occurs when the bushels of oats produced for the unit fall below the production guarantee as a result of damage from a covered cause of loss. This example assumes a 32 bushel per acre APH yield, 75 percent coverage level, 100 percent of the established price and basic unit coverage.