PRODUCT MANAGEMENT BULLETIN: PM19-061




1400 Independence Avenue, SW
Stop 0801
Washington, DC  20250-0801

Date

November 04, 2019

To:

All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties

From:

Richard H. Flournoy, Deputy Administrator /s/ Richard H. Flournoy    11/4/2019

Subject:

Fresh Market Bean Crop Provisions Changes Effective for the 2020 Crop Year
Background
The Federal Crop Insurance Corporation (FCIC) revised the Fresh Market Bean Crop Provisions to allow separate coverage levels by type (planting period) and to make other policy clarifications.

The changes are applicable for the 2020 crop year.
Action

The following documents will be available by close of business today on the RMA website at www.rma.usda.gov:

  • Fresh Market Bean Crop Provisions (20-0105)
  • Fresh Market Bean Loss Adjustment Standards Handbook (FCIC 25760)

Insurance providers must notify policyholders of these changes at least 30 days prior to the cancellation date as required by the contract change section of the policy.

 

DISPOSAL DATE
December 31, 2019

USDA is an Equal Opportunity Employer and Provider