Annex C: Details of insurance plans
1.0 Insurance deadlines
Policy | Commodities | Enrolment date |
---|---|---|
Fruit policy |
| January 1 |
Spring policy: Field grains and oilseeds |
| May 10 |
Spring policy: Vegetables |
| May 10 |
Spring policy: Other commodities |
| May 10 |
Fall policy |
| October 15 |
Fall policy |
| November 8 |
- 1.2 Seeding and harvesting deadlines are set out in the document titled, “Seeding and Harvesting Deadlines,” which is attached as appendix 2 to this Operational Document.
2.0 Specified perils
- 2.1 This specified perils for all Insurance Plans covered by this Operational Document are set out in the Contract of Insurance — General Terms and Commodity-Specific Terms.
3.0 General
- 3.1 The details of the Insurance Plans are set out in the Contract of Insurance — General Terms and Commodity-Specific Terms, which are incorporated into and become part of the AgriInsurance Agreement.
4.0 Loss determination for Yield-Based Coverage and Non-Yield-Based Coverage Plans
- 4.1 Details related to the procedures and measures used to determine the guaranteed production, losses and quality losses are set out in the Provincial Act and the following documents:
- Contract of Insurance — general Terms and Commodity-Specific Terms
- Standard Field Procedures Manuals
- Actuarial Certification of Probable Yield Methodologies (2018), prepared by Denise Cheung, FCIA, FCAS of IAO Actuarial Consulting Services, Aon Reed Stenhouse Inc., dated March 12, 2019.
- 4.2 Loss determination and claim payment procedures are set out in the Standard Field Procedures Manuals.
Footnotes
- footnote[1] Back to paragraph Agricorp may also underwrite acreage in the spring without winterkill coverage.
- footnote[2] Back to paragraph For summer or fall-seeded forage, the enrolment date is October 1.
Updated: November 19, 2024
Published: February 16, 2024