Crop Insurance and AgriStability work together to protect you from production and income losses. Together, the programs offer comprehensive coverage whether it is responding to weather-related damages, increased expenses or reduced income. When you are enrolled in both programs, they work to your advantage. Consider Crop Insurance and AgriStability as part of a sound plan for your farm.
Saskatchewan Crop Insurance Corporation is working for you to ensure you are getting the most out of your business risk management. That is why for 2012, enhancements have been made to our programs.
Unseeded Acreage Feature and Buy-Up Option
There are three significant changes to the Unseeded Acreage (USA) feature for 2012:
• Customers can buy up their USA coverage.
• Insurance intensity is no longer used in the calculation.
• Producers who use summerfallow in their crop rotation will no longer be disadvantaged in the event of a USA claim.
Producers who select the Buy-Up option can purchase additional USA coverage of $15 or $30 per eligible acre. The Buy-Up option must be selected in March. Premium will be charged on all acres normally seeded that could be eligible for a USA claim. Premiums are risk zone specific. Contact your Customer Service Office for more information on costs.
Fruit Tree Insurance
Fruit Tree Insurance has been added for 2012.
Insurance coverage will be for the loss of the fruit tree only. There will be no insurance for yield loss or quality. Insurance will be available for saskatoon berries, dwarf sour cherries and haskap for commercial fruit growers who have a minimum of one acre of fruit trees.
Forage Yield Cushioning
New for 2012, yield cushioning will be introduced for greenfeed, tame hay (alfalfa, alfalfa/grass, grass), sweetclover and dehy alfalfa crops.
Yield cushioning will provide greater protection for producers who rely on forage in their farming operation. Under yield cushioning, the impact of consecutive poor years will be reduced by limiting the decrease in a producer’s yield coverage.
