The Saskatchewan Crop Insurance Corporation (SCIC) reminds producers September 30, 2015, is the deadline for submitting 2014 AgriStability program forms.
Submitting program forms is part of the annual process for participating in AgriStability and the information provided determines whether the producer qualifies for a benefit payment.
Submitting the forms and providing the information also builds the farm’s program history. By keeping the financial profile of the farm current, producer’s individual reference margins are established and available to provide coverage should something unforeseen happen causing the farm to draw on the resources of the AgriStability Program.
Please keep in mind any 2014 program forms received after September 30, 2015, are subject to a penalty. AgriStability benefits will be reduced by $500 per month; however, if no benefit is calculated, there is no penalty applied. December 31, 2015, is the final deadline for submitting program forms with penalty.
A great way to manage a farm’s AgriStability information is through AgConnect, a secure website that gives producers and their contact persons (e.g. accountants) the ability to review previous AgriStability information and submit new information. By using AgConnect, the customer information automatically enters SCIC’s system allowing files to be processed more quickly.
To use AgConnect, producers and their contacts need to activate their account. Those who have not activated their account, but would like to use AgConnect, should contact the AgriStability call centre at 1-866-270-8450 to get started.
While AgConnect has been popular, SCIC continues to accept program forms by mail, fax or through any of the 21 local Crop Insurance offices across the province.
