Products & Services

Nursery Crop Policy
FCIC Nursery Crop Insurance
is an affordable financial security product that is backed through the United States Department of Agriculture. In any given year, a nursery grower can lose valuable nursery plant stock that will have an impact on your financial security. The decision to produce a crop without insurance can be a costly risk. Nursery crop insurance is available to wholesale nurseries in all counties in all states on the basis that certain criteria are met.

insurance coverage will apply by practice (i.e. field grown or container) to all your nursery plants in the county that:

• Are shown on the eligible plant list
• Meet all the requirements for insurability
• Are grown in an appropriate medium using acceptable production practices
• Meet Minimum field grown size or container size requirements

Causes Of Loss
• Adverse weather conditions
• Failure of water supply
• Fire
• Loss in plant value due to unma rketable niche market
• Wildlife

Choosing coverage
Step 1: Choose a practice to insure either field grown or container practice, or both practices. All eligible nursery stock in the county and the covered practice must be insured.

Step 2: Choose a level of coverage for each practice insured. Field grown plants can be insured at the catastrophic level and container grown plants insured at a buy-up level, or both at a buy-up level.

Catastrophic Coverage (Cat) Level. This level has a 50% deductible with a payable loss reduction factor of 55%. CAT coverage is subsidized 100% by the USDA and is available for a fee of $300 per practice per county.

Buy-Up Levels. Growers can elect coverage levels up to 75%. The USDA subsidizes buy-up policies at varying amounts. Plant type, insurance values and coverage levels selected are factors that do effect the cost to the grower.

Plant Categories. The following plant types contained in the eligible plant list are only insurable:

Deciduous Trees (Shade and flower)
Broadleaf Evergreen Trees
Ground Cover and Vines
Coniferous Evergreen Trees
Herbaceous Perennials
Fruit and Nut Trees
Deciduous Shrubs
Palms and Cycads
Broadleaf Evergreen Shrubs
Liners (Container Grown Only)
Coniferous Evergreen Shrubs
Sma ll Fruits
Other Plant types listed in Special Provisions

Step 3: Crop insurance units are used to determine separate coverage and losses within an insured practice and are available as follows:

Cat Policies: Separate basic units for stock in which the policy holder has a 100% share.

Buy-Up Policies: Policy holders can have the advantage of additional coverage by choosing separate units by plant categories.

Step 4: Other options available are:
Peak inventory endorsement
Rehabilitation endorsement

Now is the time to protect your investments. Contact your Windmark Crop representative today for more information.

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