(WAUSAU, WISCONSIN), February 27, 2012 – Wisconsin FSA reminds producers that March 15, 2012, is the application deadline to sign up for the Non-Insured Assistance Program coverage on most spring-seeded crops.
Producers interested in obtaining NAP on their 2012 spring-seeded non-insurable crop acreage should visit their local county office as soon as possible to complete an application for 2012 acres. This deadline date also applies to persons who have a 2011 policy that expired and want to renew coverage for 2012.
NAP coverage is available for crops only where insurance coverage is not available under Federal Crop Insurance policies provided by private insurance agents.
NAP is designed to cover losses due to damaging weather conditions. The program covers losses of more than 50 percent of normal yields or the farm’s yield calculated using actual production histories. Payments for production lost in excess of 50 percent are paid at 55 percent of the values established for the crop.
The cost per policy is $250 per crop per producer with a $750 cap per county. NAP coverage begins 30 days after the application is filed and the $250 administrative fee has been paid. The $250 administrative fee is non refundable. Producers that are considered limited resource under FSA provisions may have the service fees waived.
Producers who currently have NAP coverage or who are interested in coverage need to keep an accurate records of their production, report acreage of the crops to FSA annually, and promptly notify FSA when losses occur.
Additionally, in past USDA disaster programs, producers must meet the risk management purchase requirement by either obtaining a policy or plan of insurance, under the Federal Crop Insurance Act or NAP coverage. Coverage requirements vary slightly depending on the disaster program.