Corn

All corn grown in the county on insurable acreage is insurable if:

• Premium rates are provided either as grain or silage; and
• You have a share.

See your state’s actuarial documents at Actuarial Information Browser for insurable counties. Corn may be insurable in other counties by written agreement if specific criteria are met. Contact a crop insurance agent for more details.

You are protected against the following:

• Adverse weather conditions, including natural perils such as hail, frost, freeze, wind, drought, and excess precipitation;
• Failure of irrigation water supply, if caused by an insured peril during the insurance period;
• Fire, if caused by an insured peril during the insurance period;
• Insect damage and plant disease, except for insufficient or improper application of control measures; or
• Wildlife.

Coverage begins on the later of the date we accept your application or the date when the crop is planted, and ends with the earliest occurrence of one of the following:

• Total destruction of the crop;
• Harvest of the unit;
• Final adjustment of a loss;
• Abandonment of the crop;
• October 20, for silage; or
• December 10, for grain.

• Sales Closing Date - NC………… February 28, 2018
• Sales Closing Date - Other States………… March 15, 2018
• Acreage Reporting Date………… July 15, 2018

Final planting dates vary by county. Consult your crop insurance agent or for more information see Agent Locator.

You must file a report of planted acreage with your crop insurance agent by the acreage reporting date. Since acreage reporting dates vary by crop and county, consult your crop insurance agent or see The information tools.

Notice of Loss - If a loss occur s you must:

• Protect the crop from further damage by providing sufficient care;
• Notify your crop insurance agent within 72 hours of your initial discovery of damage (but not later than 15 days after the end of the insurance period); and
• Leave representative samples intact for each field of the damaged unit.

The Commodity Exchange Price Provisions (CEPP) contain information necessary to derive the projected price and the harvest price for the insured crop. The projected price is used to calculate the premium, replant payment, and any prevented planting payment. The harvest price is used to value production-to-count under the Revenue Protection and the Revenue Protection with Harvest Price Exclusion plans. The CEPP includes the price discovery period, release dates, board of trade used, and additional pricing information. The silage harvest price equals the projected price. Contact a crop insurance agent or for more information see the Price Discovery Tool.

The premium subsidy percentages and available coverage levels are shown below. Your share of the premium will be 100 percent minus the subsidy amount.

Catastrophic Risk Protection (CAT) coverage is fixed at 50 percent of your average yield and 55 percent of the price election. The cost for CAT coverage is an administrative fee of $300.

You may buy crop insurance coverage under one of three insurance plans offered: Revenue Protection, Revenue Protection with Harvest Price Exclusion, or Yield Protection. Additional Options available are Supplemental Coverage Option, Trend Adjusted Yield Option, and Yield Exclusion.

Basic, optional, enterprise, and whole farm unit structures are available in corn program counties. Premium discounts apply for basic, enterprise, and whole farm units. Additional subsidy is available for enterprise and whole farm units. Yield protection is not available for the whole farm unit structure.

These provisions provide protection on acreage planted after the final planting date or that cannot be planted. Consult a crop insurance agent for details.

Assume corn with an approved yield of 90 bushels per acre, 75 percent coverage level, $3.96 projected price, $3.49 harvest price, and 40 bushels produced. For Revenue Protection, the insurance guarantee is equal to the production guarantee multiplied by the greater of the projected price or the harvest price. In this example, the Revenue Protection harvest guarantee is $267.30 (67.5 bushels per acre guarantee multiplied by $3.96 projected price).