Can the producer put more production in a storage structure than is harvested from the unit without notifying the insurance provider?
The producer should notify the insurance provider of a potential loss and get a release prior to adding production from another unit to the storage structure because after the fall harvest price is released there may be a revenue loss even though there is not a production loss. The Basic Provisions state the insurance provider must be able to verify production from each optional unit until loss adjustment is completed.
Related Questions
- Can the producer put more production in a storage structure than is harvested from the unit without notifying the insurance provider?
- Are Family Leave Insurance benefits reduced or denied when the care provider/claimant is receiving benefits from another source?
- Why would a producer continue to take Production Insurance when they could participate in CAIS?
