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Enhancements Introduced to Six AFSC Insurance Programs

Mar 22, 2016 | 5:18 PM

EDMONTON – The Alberta government says six new enhancements to the Agriculture Financial Services Corporation’s AgriInsurance programs will benefit crop and bee producers across the province.

The developments include a new malt barley insurance product, which is the first of its kind in Canada.

The others are amendments to the annual insurance program to include winterkill as a designated peril for pedigreed alfalfa seed production loss insurance, implementing individual coverage as part of the Bee Overwintering Insurance Program, and making organic producers eligible for production insurance.

There are also changes to field pea insurance as the crop shifts to an edible end-use and the creation of a distinct category for yellow dry beans.

AgriInsurance’s production insurance programs, which are part of the Growing Forward 2 initiative, help to mitigate the financial impacts of production losses by providing affordable insurance protection to producers.

You can find more details here.