The Saskatchewan Crop Insurance Corporation (SCIC) is reminding producers Dec. 31, 2012, is the final deadline to submit your 2011 AgriStability forms and pay your 2012 program fees.
Program fees need to be paid by the end of the year to ensure participation in the 2012 AgriStability Program. Participants can check their program fee by reviewing their Enrolment/Fee Notice.
All forms for the 2011 program year need to be submitted by December 31. This ensures participants can access AgriStability benefits. The initial deadline to submit program forms was September 30. A penalty of $500 per month will be deducted from any benefit received from applications submitted after the September 30 deadline. However, if no benefit is calculated there will be no penalty applied.
New for this year, individual participants are to submit their supplemental information (inventories, payables, receivables, deferrals and purchased inputs) directly to SCIC. In the past, individual participants first had to submit this information to the Canada Revenue Agency. Corporations and co-operatives should also continue to submit their forms directly to SCIC.
Also new in 2012, AgConnect, SCIC’s online service for AgriStability, enables participants to submit program forms electronically. Participants can also view their program fees and other information on AgConnect. If you have not activated your AgConnect account please contact the AgriStability Call Centre.
For more information please contact SCIC: at local Crop Insurance offices; online at www.saskcropinsurance.com; or by calling toll-free 1-866-270-8450.