Production Insurance

2024 Production Insurance Plan Changes

The following changes were made in the Production Insurance Plans:

  • Potatoes – Removal of 85% coverage level
  • Seed & Chipstock CropsBase cullage rates for stored inventory shall be assigned
  • Elite Seed – Removal of July 31st deadline to submit “Application for Seed Potato Crop Inspection – Grower’s Declaration”
  • Cauliflower – Elimination of 90% coverage level
  • Tobacco – Termination of plan
  • Apples – Changes in eligibility to allow crops to be insured without the requirement of supplied data

What does production insurance cover?

Production Insurance covers a range of crops and livestock. Some examples are potatoes, spring cereals, soybeans, grain corn and silage corn, edible soybeans, winter cereal grains, canola, specialty oilseeds, horticultural crops, perennial fruit crops, forage crops, bees and cattle. 

All contracts are available online, or a physical copy can be obtained from the office or your Insurance Officer.

Production Insurance covers production loss during the crop year caused by one or more of the following designated perils, which are found in Section 8 of the AgriInsurance Agreement:

  • Insect infestation and plant disease;
  • Hail;
  • Frost;
  • Drought;
  • Excessive moisture;
  • Wind;
  • Damage from wildlife; and
  • Any other unavoidable loss due to adverse weather conditions beyond the control of the insured. 

Program Riders are also available as additional coverage options. 

Unit prices

The unit price list is updated every year. To view the current year's unit price list click here. Unit prices will be updated as available. 

Looking for additional information?



Published date: 
March 2, 2023
Agriculture Insurance Corporation text with hand and plant image

General Inquiries

P.E.I. Agricultural Insurance Corporation
7 Gerald McCarville Drive
Kensington, PE
Fax: 902-836-8912

Mailing Address: PO Box 400, 
Kensington, PE C0B 1M0

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