AAFC AgriInsurance
AgriInsurance aims to reduce the financial impacts of production losses by providing affordable insurance protection and by offering reinsurance.
AgriInsurance is a federal-provincial-producer cost-shared program, delivered provincially, that stabilizes your income by minimizing the economic effects of primarily production losses caused by severe but uncontrollable natural hazards.
Offered by Agriculture and Agri-Food Canada (AAFC)
Amount
No fixed amount
Quick eligibility check
Who can apply
The program is currently available to most producers in all provinces. Eligibility criteria for this program, as established at the provincial level, will continue to evolve as provinces add new commodities to their lists of insurable agricultural products.
About the funding
You get a payment when you experience a production loss during the year. We contribute a portion of total premiums and administrative costs to this provincially delivered program. We also provide a reinsurance arrangement (deficit financing) to provinces.
The federal and provincial governments help to make production insurance affordable by sharing the cost of premiums with producers and by co-funding program administration.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| EDC Performance Security Insurance | Insurance | 100% unconditional, irrevocable, AAA-rated guarantee to your financial institution on letters of guarantee and standby letters of credit | Open |
| EDC Portfolio Credit Insurance | Insurance | Policy pays up to 90% of the value of your insured invoice | Open |
| EDC Select Credit Insurance | Insurance | Covers up to 90% of your insured losses (up to 90% of the value of your insured invoice), on insured sales up to $500,000 | Open |
| EDC Surety bonds | Insurance | No fixed amount | Open |
