The Cycle
CIMXag is licensed to serve your insurance needs. By offering 30+ A-rated companies and covering many forms of insurance, our agents simplify the insurance process for you. Providing agents you can depend on to handle all your needs is a commodity we pride ourselves on. We will continuously work to find the best solutions to help you manage all of the risks in your business and home.
Crop Insurance Closing Date & Application
Be aware of the closing date for Crop Insurance. This year it is February 28th, 2025. Complete and sign your insurance application form, and return to CIMXag.
Acceptance
CIMXag will verify the information you have provided, accept it, and send it off for processing.
Annual Production Reporting
Policy holders must provide detailed reports of annual production from previous years on each insured crop. These reports are used to establish your YPH [Yield Production History]. This is used to determine your Guaranteed.
Insurance Attachments
For annual crops, insurance attaches annually when planting begins. For perennial crops, insurance attaches each crop year on the calendar date specified in your terms.
Acreage Reporting
The client must annually report the number of acres planted per crop, the date the acres were planted, and farming practices used. This is used to establish your premium. Coverage can be denied if each crop is not planted by the correct date.
Summary of Coverage
We will process a properly completed acreage report and issue a summary of coverage. Each insured crop, insured acres, and amount of insurance or guarantee of coverage is separate.
Premium
The annual premium is due no later than the effective date where as coverage begins for the next year.
Continuation/Cancellation
Insurance coverage is continuous but can be cancelled by the insurance provider or the policyholder. The policy will automatically renew for the following crop year unless the policyholder cancels the policy in writing on or before the crop cancellation date.
As we all know crop insurance is complex. CIMXag is
dedicated to simplifying the process.
dedicated to simplifying the process.