Apiculture Insurance Expanded to More States07/28/2017
Increased safety net available to beekeepers in 48 states.
Crop insurance for beekeeper operations has been expanded to include 19 additional states and now spans the entire 48 contiguous states. The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) announced changes to the Apiculture Pilot Insurance (API) plan, ensuring greater protection for the producers’ honey, pollen collection, wax, and breeding stock.
“Expanding this coverage so that more producers can participate in the Federal crop insurance program strengthens the rural economy through a broader farm safety net,” said RMA Acting Administrator Heather Manzano. “This provides increased support for beekeepers who play a critical role in agriculture.”
Apiculture systems are diverse, with varying types of plant species and climate conditions. API is designed to cover the unique precipitation requirements of different regions across the nation.
In addition to expanding API coverage, the Federal Crop Insurance Corporation Board of Directors voted to replace the satellite-based Vegetation Index with the precipitation-based Rainfall Index for API policies. Available since 2009, API was developed through the Federal Crop Insurance Act’s 508(h) process, which allows private submitters to develop innovative insurance products to meet the needs of producers.
Producers have until Nov. 15, 2017 to enroll in API coverage for the 2018 crop year. Crop insurance is sold and delivered solely through private crop insurance agents. Contact your ProAg agent today for more information and coverage details.
Learn more about the Apiculture Pilot Insurance plan at http://www.ProAg.com/prf.
Source: ProAg Revised USDA Press Release