Annex H: Catastrophic, high-cost and producer paid production loss coverage
1.0 Catastrophic Production Loss Coverage
Apple, grape, and tender fruit producers who purchase yield insurance can automatically receive a rider covering their trees or grapevines. Producers can choose between two deductible options. The standard deductible option is cost-shared at the catastrophic production loss cost-sharing ratio. The optional lower deductible is incrementally cost-shared at the catastrophic production loss cost-sharing ratio and the comprehensive production loss cost-sharing ratio.
- Apple trees
- 5% deductible (catastrophic loss)
- 0% deductible (comprehensive)
- Grapevines — Hybrids
- 5% deductible (catastrophic loss)
- 5% deductible (comprehensive)
- Grapevines — Labrusca
- 5% deductible (catastrophic loss)
- 0% deductible (comprehensive)
- Grapevines — Vinifera
- 5% deductible (catastrophic loss)
- 0% deductible (comprehensive)
- Peach trees
- 11% deductible (catastrophic loss)
- 6% deductible (comprehensive)
- Pear trees
- 5% deductible (catastrophic loss)
- 3% deductible (comprehensive)
- Plum trees
- 9% deductible (catastrophic loss)
- 4% deductible (comprehensive)
- Sour cherry trees
- 10% deductible (catastrophic loss)
- 5% deductible (comprehensive)
- Sweet cherry trees
- 10% deductible (catastrophic loss)
- 5% deductible (comprehensive)
2.0 High-Cost Production Loss Coverage
Pursuant to Clause 6. (2) of the Regulations, premium rates for Risk-splitting Benefits shall be determined separately from the premium rates for other benefits in the Insurance Plan and shall be provided for all agriculture products offering risk splitting benefits. If the benefits for an agricultural product are offered at various cost share levels, the premium rates for the incremental cost of the High-Cost Production Loss Coverage benefit shall be provided for all agricultural products. The rules for High-Cost Production Loss Coverage as well as the Risk-splitting Benefits are given in sections 5.9–5.19 and 5.29 of the Annex B of the AgriInsurance Agreement. For all agricultural products offering Coverage Levels above 80%, with the exception of Basket of Crops or Crop Averaging, the determination of the federal cost-sharing shall be subject to Annex B — section 5.21 of the AgriInsurance Agreement. This determination of premiums for High-Cost Production Loss Coverage shall be completed when premium rates are revised (annually) and a list of such Coverage Levels shall be provided to Canada.
Where the Province offers Insurance Plans that qualify as High-Cost Production Loss Coverage the names and details about these plans shall be listed here.
- 2.1 Risk-splitting Benefit
- Refer to clause 2.3
- 2.2 High-risk Agricultural Products plans (9% rule)
- Refer to clause 2.3
| Agricultural products insured separately | Basis of coverage | Pure premium rate | Pure premium rate | Pure premium rate | High-Cost category | Coverage Level percentage High-Cost comes into effect |
|---|---|---|---|---|---|---|
| Adzuki Beans | Yield | 13.78 | 2.98 | 16.76 | 9% | 85% |
| Apples Hail Rider (District 1,2,3,4,5) | Yield | 7.76 | 8.02 | 15.78 | Risk-splitting | 70% |
| Apples Hail Rider (District 1,2,3,4,5) | Yield | 8.73 | 8.02 | 16.75 | Risk-splitting | 75% |
| Apples Hail Rider (District 1,2,3,4,5) | Yield | 9.89 | 8.02 | 17.91 | Risk-splitting | 80% |
| Apples Salvage/Write Off (District 1,2,3,4,5) | Yield | 10.59 | 1.01 | 11.60 | 9% | 85% |
| Asparagus | Yield | 10.00 | 2.92 | 12.92 | 9% | 90% |
| Canola | Yield | 10.59 | 0.66 | 11.25 | 9% | 85% |
| Forage Rainfall —Bimonthly | Non-yield | 11.46 | 4.37 | 15.83 | 9% | 85% |
| Forage Rainfall —Three Month | Non-yield | 10.59 | 0.61 | 11.20 | 9% | 85% |
| Fresh Market Potatoes | Yield | 10.00 | 0.67 | 10.67 | 9% | 90% |
| Grapes — Vinifera | Yield | 10.73 | 2.50 | 13.23 | 9% | 85% |
| Grapes — Vinifera | Yield | 10.14 | 6.40 | 16.54 | 9% | 90% |
| Grapes — Labrusca | Yield | 10.59 | 0.04 | 10.63 | 9% | 85% |
| Grapes — Labrusca | Yield | 10.00 | 3.29 | 13.29 | 9% | 90% |
| Peaches — Multiperil | Yield | 12.93 | 3.14 | 16.07 | 9% | 85% |
| Peaches — Multiperil | Yield | 12.21 | 8.40 | 20.61 | 9% | 90% |
| Pears — Multiperil | Yield | 15.20 | 3.37 | 18.57 | 9% | 85% |
| Plums | Yield | 21.87 | 3.92 | 25.79 | 9% | 85% |
| Processing Green and Wax Beans (Base Plan) | Yield | 12.97 | 2.06 | 15.03 | 9% | 85% |
| Processing Green and Wax Beans (Separate Harvest Coverage) | Yield | 13.78 | 5.74 | 19.52 | Risk-splitting | 80% |
| Processing Green Peas (Base Plan) | Yield | 11.15 | 2.18 | 13.33 | 9% | 85% |
| Processing Green Peas (Separate Harvest Coverage) | Yield | 11.85 | 3.39 | 15.24 | Risk-splitting | 80% |
| Processing Lima Beans | Yield | 10.59 | 0.66 | 11.25 | 9% | 85% |
| Processing Sweet Corn — Conventional (Separate Harvest Coverage) | Yield | 5.89 | 2.79 | 8.68 | Risk-splitting | 80% |
| Processing Sweet Corn — Organic (Base Plan) | Yield | 10.00 | 0.97 | 10.97 | 9% | 90% |
| Processing Sweet Corn — Organic (Separate Harvest Coverage) | Yield | 8.84 | 4.19 | 13.03 | Risk-splitting | 80% |
| Seed Corn (SIC) | Yield | 2.93 | 1.61 | 4.54 | Risk-splitting | 80% |
| Sour Cherries | Yield | 25.75 | 4.62 | 30.37 | 9% | 85% |
| Strawberries | Yield | 10.89 | 2.76 | 13.65 | 9% | 85% |
| Sweet Cherries | Yield | 26.57 | 3.89 | 30.46 | 9% | 85% |
| Soybeans — Organic | Yield | 10.00 | 0.37 | 10.37 | 9% | 90% |
| Winter Spelt — Organic | Yield | 10.00 | 1.01 | 11.01 | 9% | 90% |
| Winter Wheat — Organic | Yield | 10.65 | 2.62 | 13.27 | 9% | 85% |
| Winter Wheat — Organic | Yield | 10.06 | 5.55 | 15.61 | 9% | 90% |
3.0 Producer-Paid Production Loss Coverage
Not applicable.
Footnotes
- footnote[1] Back to paragraph This table includes the most recent information available and is updated each crop year a signed Operational Document is required.
- footnote[2] Back to paragraph Pure premium rate means the premium rate without loads added.