NAP insurance deadline approaches

Wednesday, February 6, 2013

The closing date to sign up for the Non-insured Crop Disaster Assistance Program (NAP) is March 15. Barry County farmers can sign up at the Farm Service Agency (FSA) office in Cassville.

NAP covers many crops, including native forage, pasture and most spring-seeded crops. Financial assistance helps producers of non-insurable crops when yields are low, inventory is lost or planting is prevented dure to natural disasters.

"Purchasing a crop insurance policy is an easy way for producers to mitigate risk," said Brian Blount, executive director for the Barry County FSA office. "The past few years have shown that natural disasters can severely impact an otherwise successful operation."

The March 15 deadline also applies to those who wish to renew coverage from 2012 policies. NAP coverage is available where insurance coverage is not available under federal crop insurance policies provided by private insurance agents.

NAP covers losses of more than 50 percent of normal yields or the farm's yield based on actual production history. Payments cover losses in excess of 50 percent of the yield and are paid at 55 percent of the values established for the crop.

Cost per policy is $250 per crop, plus a $250 administrative fee. NAP coverage begins 30 days after the application is filed.

For more information, call Blount at 417-847-2111 or visit the Barry County FSA office.

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