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Crop insurance today offers lots of choices… We can help! We offer crop insurance service and answers from an agent with a farmer’s perspective.
Here’s a crop insurance insight, brought to you by PHI Insurance Services, Inc.
Enterprise Units: If you have chosen Enterprise Unites as your unit structure for your crop insurance policy this year, please remember there are planted acreage requirements for Enterprise Unit eligibility.
To be eligible for the Enterprise Unit discount, at least two of the sections, section equivalents, FSA farm serial numbers, or units established by written agreement, whichever are the basis for optional units where the insured acreage is located, must each have planted acreage that constitutes at least the lesser of 20 acres or 20% of the insured crop acreage in the Enterprise Unit. If there is planted acreage in more than two sections, section equivalents, FSA farm serial numbers, etc. these parcels can be aggregated to form at least two parcels to meet the 20/20 requirement.
You must report planted acres by section or farm serial number on your acreage report.
If you do not qualify for an Enterprise Unit on the acreage report, you will not be eligible for the Enterprise Unit discount.
It is strongly recommended that you keep separate production records for each optional or basic unit that makes up the Enterprise Unit.
It is strongly recommended that you keep separate production records for each optional or basic unit that makes up the Enterprise Unit.
Please contact Dylan Titterington, PHI Insurance Services agent, at 712.330.4481 if you have any questions about the Enterprise Unit eligibility requirements. Dylan will be happy to review your planting plan to help you make certain that you can be eligible for the Enterprise Unit discount.