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Waivers Ready For Producer's 1996 Insurance

Published Wednesday, May 1, 1996 in the Gurdon Times

Under the FAIR Act, producers can obtain a waiver for crop insurannce. Waivers can be generic, applying to some or all crops grown on a farm and for multiple years.

This waiver must be completed by Thursday, May 2.

Failure to have a waiver in place while also failing to obtain or maintain Federal Crop Insurance will disqualify a producer from obtaining a "linked" benefit. To this extent, linkage under the crop insurance reform program still exists.

Waivers can be provided up until the application for the linked benefit. By signing a waiver, a producers does not forego the ability to purchase Federal crop insurance. Nor does a waiver waive the producer's eligibility for USDA emergency loans or payments under NAP.

A waiver must be signed by the producer. Since waivers are an eligibility condition for farm programs and farm loans and are not an insurance requirement, waiver forms will be provided and tracked by FSA offices. A waiver must be executed on the form provided by FSA.

For further information contact the FSA office at 1030 Village Dr. or call 246-9816. Office hours are 8:00 a.m. to 4:30 p.m.


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