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AgriInsurance | Agriculture and Agri-Food Canada

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Value

Varies
Payment when you experience a production loss during the year. We contribute a portion of total premiums and administrative costs to this provincially delivered program. We also provide a reinsurance arrangement (deficit financing) to provinces.

Description

AgriInsurance aims to reduce the financial impacts of production losses by providing affordable insurance protection and by offering reinsurance. AgriInsurance is a federal-provincial-producer cost-shared program, delivered provincially, that stabilizes your income by minimizing the economic effects of primarily production losses caused by severe but uncontrollable natural hazards.

Eligible Applicants

Currently, 5 provinces participate in the reinsurance arrangement:

  • Alberta
  • Manitoba
  • New Brunswick
  • Nova Scotia
  • Saskatchewan

The program is currently available to most producers in all provinces. Eligibility criteria for this program, as established at the provincial level, will continue to evolve as provinces add new commodities to their lists of insurable agricultural products. The Provincial contact information section provides links to program details in each province.

Eligible Expenses

Each province develops and delivers AgriInsurance plans in accordance with the Farm Income Protection Act, the Canada Production Insurance Regulations and Multilateral Framework Agreements to meet the needs of the producers in that province. These plans help to cover production losses as well as loss of product quality and both yield and non-yield based plans are offered.

Commodities covered by the program:

  • Examples of traditional crops the plans cover: wheat, corn, oats, barley
  • Examples of horticultural crops the plans cover: lettuce, strawberries, carrots, eggplants
  • Some provinces also provide coverage for bee mortality as well as maple syrup production

Deadline Date

Ongoing.

Contact

Contact Name: AgriInsurance Program

Phone Number: 613-773-2600

E-mail Address: aafc.agriinsurance-agri-protection.aac@agr.gc.ca

Website: https://agriculture.canada.ca/en/programs/agriinsurance

Industry:

Agriculture

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, USA, Yukon

Tags:

Insurance, Producer

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Canada

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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