ValueYou get a 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.
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.
Examples of possible eligible perils:
- excessive rain, heat, snow
- uncontrolled disease
- insect infestations
Currently, 5 provinces participate in the reinsurance arrangement:
- New Brunswick
- Nova Scotia
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.
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
Contact Name: AgriInsurance Program
Phone Number: 613-773-2600
E-mail Address: email@example.com