The Saskatchewan Crop Insurance Corporation (SCIC) is reminding producers of two important AgriStability deadlines on December 31, 2010.
To be eligible for benefits from the 2009 AgriStability program, participants need to have all program forms submitted by December 31.
For sole proprietorships, that means the AgriStability Harmonized Form for Individuals must be completed and submitted to the Canada Revenue Agency (CRA) in Winnipeg.
For corporations and co-operatives the Corporations/Co-operatives/Other Entities form needs to be completed and submitted to the Saskatchewan Crop Insurance Corporation (SCIC).
The original deadline to submit these forms passed on September 30 and a penalty of $500 per month will be applied to any benefits received for the late filing of these forms.
2010 AgriStability final fee deadline
To ensure participation in the 2010 AgriStability program, producers will need to submit their 2010 program fees by Dec. 31.
The original deadline to submit these fees has passed (Apr. 30 or 30 days from the date on the producer's Enrolment Fee/Notice), meaning a 20 per cent penalty will be added. Producers can see the amount they need to submit by reviewing their Enrolment Fee/Notice.
For more information about these deadlines, or to access application forms and guides, producers can contact SCIC: at local Crop Insurance offices; online at www.saskcropinsurance.com; by calling toll-free 1-866-270-8450; or via e-mail at [email protected].
