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Crop Insurance  

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As a community bank, we offer financial services to our customers that go beyond just loans and deposits. We also offer highly specialized crop protection products. Our commitment is to provide these risk management tools to you in a prompt and professional manner.

Contact us today at:

Newton: (618) 783-2321 and ask for Ben Goebel or Brian Bohnhoff
Sumner: (618) 936-2396 and ask for Birgit Volk

Helpful Hints to Insure your Claim is approved
Timely Notice of Loss

Replants:
Notify your Agent prior to tearing up existing stand and replanting
Qualifying acres are the lesser of 20 acres or 20% of the unit.

Prevented Planting:
Final Plant date for corn is June 5th
Final Plant date for soybeans is June 15/20
Late plant perod is 25 days
Earliest date to turn in PP loss for corn is June 6th
Earliest date to turn in PP loss for soybeans is June 16/21
Latest date to turn in PP loss for corn is July 3rd (72 hours after the late plant period)
Latest date to trun in PP loss for soybeans is July 13/18 (72 hours after the LPP)
Qualifying acres are the lesser of 20 acres or 20% of the unit

Harvest Losses:
Production Claims - (Earliest of) 15 days after harvest of the unit or December 10th +15 days
Revenue Claims - 45 days after Price Announcement
CRC Corn and Soybeans and RA Soybeans - by December 16th
RA Corn - by January 15th

Harvest Loss Verification
AIP must verify acres and share
Acres reported for insurance should match FSA or approved mapping system
Share reported for insurance should match FSA, must match how grain is sold
Very important to keep good load records for loss and non loss units
Sold and/or measured production may be apportioned by Combine Monitor, non portabe scale and/or weigh wagon print outs
Fed production may either have storage measured or keep feeding records

Load records and production verification for APH purposes need to be kept for 3 years.