Insurance

 

 

Multi-Peril Crop Insurance (MPCI) policies are a risk management tool available to agricultural producers. Producers should consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year. Farm Credit Services of Mandan has 14 Insurance Representatives with over 200 combined years of experience willing to assist you in developing a management plan that works for your operation.

Crop-Hail is a non-subsidized crop insurance program. It gives supplemental, acre-by-acre protection to reflect the actual cash value of the crop, covering the gaps that an MPCI policy does not cover. Producers can choose the crop, acreage, and guarantee level that works best for their operation.

Crop-Hail is a non-subsidized crop insurance program. It gives supplemental, acre-by-acre protection to reflect the actual cash value of the crop, covering the gaps that an MPCI policy does not cover. Producers can choose the crop, acreage, and guarantee level that works best for their operation.

Forage and Rainfall Insurance protect different types of forage and/or pasture. Depending on the type of insurance, you may protect for production losses or for lack of rainfall.

Livestock Risk Protection (LRP) is designed to insure against declining market prices. Livestock Policies (excluding lambs) are based on the pricing of certain futures contracts for the applicable livestock and/or the cost of feed. Prices and coverage availability are announced by RMA daily, Monday-Friday (excluding Federal holidays).

Livestock Risk Protection (LRP) is designed to insure against declining market prices. Livestock Policies (excluding lambs) are based on the pricing of certain futures contracts for the applicable livestock and/or the cost of feed. Prices and coverage availability are announced by RMA daily, Monday-Friday (excluding Federal holidays).

Term Life and Disability Insurance is available to current and existing FCSM loan customers. Coverage will continue for the life of the policy, even after your loan is paid in full.

Crop Insurance Deadlines

MPCI Sales Closing*March 15
Spring Acreage ReportingJuly 15
Forage/Rye Sales Closing*September 30
Forage/Rye Acreage ReportingNovember 15
PRF Rainfall Sales Closing*November 15
PRF Acreage ReportingNovember 15

*Sales Closing: Applications, Changes, and Cancellations

 

 

Loss Reporting Deadlines

Corn Silage, Dry PeasSeptember 30
ForageOctober 15
Barley, Flax, Oats, Rye, WheatOctober 31
Canola, Dry Beans, Mustard, SafflowerOctober 31
SunflowersNovember 30
Corn Grain, SoybeansDecember 10

Latest News

Risk Management Seminars

Farm Credit Services of Mandan's crop insurance TEAM is offering 11 risk management seminars. Topics To Be Covered are: • 2018 Actuarial Changes • Whole-Farm Revenue Protection Updates • Acres Damaged by Unavoidable Uninsured Fire • Basic Risk Management Reminders •...

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Farm Credit Offers Scholarships

Farm Credit Services of Mandan with branch offices in Beulah, Bowman, Carson, Dickinson, Mandan, Mott, Washburn and Wishek will award 4 scholarships in the amount of $1,000 each to high school seniors who plan to enroll in college this fall. Recipients must be from an...

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