Cultivated clam crop insurance provisions.

CFR · 2024-01-01 · US · Title 7

The cultivated clam crop provisions for the 2019 and succeeding crop years are as follows: FCIC policies: (a) This deductible allows a smaller deductible than the crop year deductible to be used when: (1) Inventory values are less than the reported basic unit value; or (2) You have elected optional units, if applicable. (b) The occurrence deductible is the lesser of: (1) The deductible percentage multiplied by the unit value before loss multiplied by the under-report factor; or (2) The crop year deductible. (a) For clams placed in a field nursery or a nursery bag—a clam that is a minimum of 5 millimeters, measured at the longest shell distance that is parallel to the hinge. (b) For all others—a clam which is a minimum of 10 millimeters, measured at the longest shell distance that is parallel to the hinge. (a) In addition to the definition of basic unit contained in section 1 of the Basic Provisions, a basic unit may be divided into optional units in accordance with section 2(b). Note that even if you elect optional unit coverage, amount of insurance, crop year deductible, under-report factor, premium, and the total amount of indemnity payable under this policy will be controlled by the basic unit value before loss. (b) If you elect the additional level of coverage, for an additional premium, inventory that would otherwise be a basic unit may, unless limited by the Special Provisions, be divided into optional units by non-contiguous lease parcels. Additional optional units may

official document · source cfr-2024 · id 7:§ 457.176