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1.
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Locate and open the policy that you need to add an NVS coverage to. The View MPCI Policy page opens on the Coverages tab. |
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2.
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Click Add MPCI Coverage. The Add New Coverage page opens. |
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3.
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The Policy State displays as the state selected for the policy. If this state is incorrect, you must create a new policy in the state needed. If this state is correct, continue to the next step. |
The System validates your selections for County Name, Crop Name, and Crop Plan and modifies the available fields and the options within each.
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4.
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From the County Name dropdown, select the county for the coverage. The Crop Name field may refresh based on the county selected. |
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5.
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From the Crop Name dropdown, select "Nursery (NVS)". |
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6.
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From the Crop Plan dropdown, select "DO (50)". The Crop Practice dropdown displays below Crop Plan, and the Unit Division Code dropdown displays below the Price Election % field. |
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7.
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From the Crop Practice dropdown, select the practice for the coverage. |
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8.
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From the Crop Type dropdown, select the plant type/category being insured on the coverage. |
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9.
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From the Coverage Level dropdown, select the coverage level for the coverage. |
NOTE: If you selected the "CAT (50%)" coverage level, the Price Election % field defaults to 55% and cannot be edited.
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10.
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If you selected any coverage level besides "CAT (50%)" in the previous step and you need to update the price election percentage from the default "100%", in the Price Election % field, type the applicable value as a whole number (e.g., type 95 for 95%) or use the arrows to move the value up and down. |
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11.
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From the Unit Division Code dropdown, select the applicable code for how the grower wants to divide units. If the coverage level selected earlier is "CAT (50%)", the only option available is "Units by Share". |
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Once a unit division code is selected, the Crop Options box will update to display available options/endorsements for the coverage. |
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12.
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If the grower wants to elect any crop options, in the Crop Options box, select the options the grower wants to elect and click Add >. The selected options are added to the Selected Options box. |
NOTE: If the "HIP - Hurricane Insurance Protection" option is added to the Selected Options box, a read-only HIP Coverage Level field will display between the Coverage Level and Price Election % fields. This value for the field will be "95%". Additionally, a field, HIP Coverage Percentage, will display below the Crop Options box.
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13.
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To remove a selected crop option, in the Selected Options box, select the options you want to remove and click < Remove. The selected options are moved back to the Crop Options box. |
NOTE: If the "HIP - Hurricane Insurance Protection" option was added to the Selected Options box and then moved back to the Crop Options box, the read-only HIP Coverage Level field and the HIP Coverage Percentage field will both be removed from the page.
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14.
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If you elected the HIP endorsement in step 12, in the HIP Coverage Percentage field, type the HIP coverage percentage for the coverage as a whole number (e.g., type "75" for 75%). This field defaults to 100%. |
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15.
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From the Coverage Status dropdown, indicate whether the coverage was an internal transfer, new, or a transfer in. |
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16.
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In the Insured Signature Date field, if available, type the date the Insured signed the coverage into effect using DDMMYYYY format or click the calendar button to open the calendar and select the date. |
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17.
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In the Agent Signature Date field, if available, type the date the Agent signed the coverage using DDMMYYYY format or click the calendar button to open the calendar and select the date. |
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18.
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From the Late Processed Flag dropdown, indicate if this coverage was processed on time or if it needs a late processed flag. |
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19.
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The Agent of Record is displayed as indicated on the policy. This field cannot be edited. Continue to the next step. |
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20.
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If this policy is a carryover with the same agent from the previous reinsurance year, the Is Carryover is selected. If this policy is not selected but was a transfer from one agent to another within the same AIP, select this checkbox. |
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21.
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In the Experience Factor field, type the experience factor for the coverage as a whole number (e.g., type "75" for 75%). The System will add a percentage sign once you leave the field. This field defaults to 100%. |
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22.
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If the producer qualifies as a new producer, select the Is New Producer checkbox. Then, in the New Producer Verification Date field that displays, type the date that the new producer status was verified using DDMMYYYY format or click the calendar button to open the calendar and select the date. |
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23.
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If the producer is vertically integrated, select the Vert. Integrated Producer checkbox. |
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24.
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To request PHTS or New Producer information for the grower from RMA, from the PHTS/New Producer Request dropdown, select an appropriate option. |
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25.
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To request CIMS data from RMA, select the Request CIMS checkbox. If CIMS data has already been requested, this field displays as "CIMS Data Requested". |
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26.
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For your next step, click one of the following buttons: |
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To save the coverage and remain on the Add New Coverage page, click Save. |
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To save the coverage and open a new Add New Coverage page to add another coverage, click Save & Add. |
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To save the coverage and return to the View MPCI Policy page, click Save & Exit. |
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To discard the coverage and return to the View MPCI Policy page, click Cancel. |
This functionality does not apply to the selected Reinsurance Year.
