InsuranceManitobaWorking Capital

Saskatoon Establishment Insurance

Saskatoon Establishment Insurance provides commercial growers with replacement cost insurance for saskatoon plants lost during establishment.

Offered by Manitoba Agricultural Services Corporation

Amount

Coverage is for the cost of replacement plants only, with a 20 per cent deductible based on the number of saskatoon plants insured; premium cost shared 40 per cent by the producer, 36 per cent by the Government of Canada and 24 per cent by the Province of Manitoba

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Manitoba

Who can apply

Insurance is available to all producers who have an AgriInsurance policy. Landlords are not eligible.

  1. Plants that are transplanted on or before June 20 or in the case of fall plantings, plants transplanted between August 15 and November 30, are eligible for insurance.
  2. Each year producers must insure all plants that are less than three years old, since saskatoon plants take three years from the time of transplanting before they are considered established.
  3. To qualify for establishment insurance, a minimum of 500 saskatoon plants are required.
  4. Plants must be irrigated in a manner satisfactory to MASC.

If the majority (51 per cent or more) of saskatoon plants in any block are less than three years old, MASC may insure all of the plants in that block. If the majority (51 per cent or more) of saskatoon plants in any block are more than three years old, that block will not be accepted for insurance as it is considered to be established.

About the funding

  1. Coverage is for the cost of replacement plants only.
  2. There is a 20 per cent deductible based on the number of saskatoon plants insured.
  3. If the majority (51 per cent or more) of saskatoon plants in any block are less than three years old, MASC may insure all of the plants in that block. If the majority (51 per cent or more) of saskatoon plants in any block are more than three years old, that block will not be accepted for insurance as it is considered to be established.
  4. Coverage in the establishment phase is on a year-by-year basis. The establishment phase consists of Year 1 (transplant year) and Years 2 and 3 (subsequent growth years).
Show all funding details

Insurance is in place from April 1 of the crop year until June 20 of the following crop year.

The premium cost is shared 40 per cent by the producer, 36 per cent by the Government of Canada, and 24 per cent by the Province of Manitoba.

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