Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
All Risk Management Agency Field Offices
All Other Interested Parties
From
Richard H. Flournoy, Deputy Administrator
Subject
Fresh Market Bean Crop Provisions Changes Effective for the 2022 and Succeeding Crop Years
The Federal Crop Insurance Corporation Board of Directors approved changes to the Fresh Market Bean crop insurance program on November 19, 2021.
The following changes are applicable for the 2022 and succeeding crop years:
- Convert the policy from pilot to permanent status.
- Apply the overplanting factor to production to count to ensure claims are calculated on the same basis as the guarantee.
The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:
- Fresh Market Bean Crop Provisions (22-0105)
- Fresh Market Beans Loss Adjustment Standards Handbook (FCIC-20130L-01)
Approved insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date, as required by the policy.
Interested producers should contact a crop insurance agent for further information. A list of agents can be found on the RMA website at www.rma.usda.gov/Information-Tools/Agent-Locator-Page. DISPOSAL DATE: December 31, 2022