Purpose
Pasture insurance provides additional insurance coverage for forage producers to cover potential losses resulting from shortfalls in summer grazing capacity.
Losses are calculated based on the producer’s hay production.
Eligibility
- The producer must have Basic Hay Insurance or all hay types insured under Select Hay Insurance at the same coverage level.
- Landlords are not eligible for Pasture Insurance.
- The number of livestock to be pastured determines the coverage.
- The number of animals enrolled cannot exceed the set maximum for every acre of insured forages (see Table 1).
Table 1
Eligible Livestock |
Consumption Level |
70% (Coverage per Animal) |
80% (Coverage per Animal) |
Animals per Acre |
|---|---|---|---|---|
Beef, Dairy, and Bison: Cow/Calf Pairs, Bulls |
High |
$35.00 |
$40.00 |
1 |
Beef, Dairy, and Bison: Open Cows |
High |
$35.00 |
$40.00 |
1 |
Beef, Dairy, and Bison: Bred Cows and Heifers |
High |
$35.00 |
$40.00 |
1 |
Beef, Dairy, and Bison: Yearling Calves |
Medium |
$17.50 |
$20.00 |
2 |
Beef, Dairy, and Bison: Steers and Heifers |
Medium |
$17.50 |
$20.00 |
2 |
Horses and Mules |
High |
$35.00 |
$40.00 |
1 |
Elk, Donkeys, and Llamas |
Medium |
$17.50 |
$20.00 |
2 |
Sheep and Goats |
Low |
$7.00 |
$8.00 |
5 |
Deer and Alpacas |
Low |
$7.00 |
$8.00 |
5 |
Eligibility Example 1
A producer selects 80 per cent coverage on his forage and pasture and has 100 cows and 85 acres of insured hay.
Coverage Type |
Coverage limited to 85 cows (lesser of animals and acres) |
|---|---|
Dollar Coverage |
= 85 cows x $40.00 per head = $3,400.00 |
Eligibility Example 2
A producer selects 70 per cent coverage on his forage and pasture and has 250 sheep and 100 acres of insured hay.
Coverage Type |
All 250 sheep have coverage (100 acres x 5 sheep per acre = 500 sheep maximum) |
|---|---|
Dollar Coverage |
= 250 sheep x $7.00 per sheep = $1,750.00 |
Coverage
- The Pasture Insurance coverage level must be the same as the selected Forage Insurance coverage level.
- March 31 is the last day to apply for Forage Insurance and Pasture Insurance, make changes (add or delete crops and change coverage levels), or to cancel AgriInsurance.
- All tame hay acres and livestock numbers must be reported on the Seeded Acreage Report by June 30.
Cost
The premium 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.
Claims
- Insureds do not request a pasture insurance claim. A Pasture Insurance claim will be paid automatically in conjunction with a payable Forage Insurance claim. The deadline to register a Forage Insurance claim and submit the associated Harvested Production Report is October 1.
- The Pasture Insurance payment is based solely on the Forage Insurance payout percentage (e.g. if 30 per cent of the Forage Insurance coverage is paid out, then 30 per cent of the pasture coverage is also paid).
Claim Example
A producer has Pasture Insurance coverage of $13,400.00 and experiences a 30 per cent loss under Forage Insurance.
Pasture Insurance Claim Amount
= Total Pasture Insurance Coverage x 30% (via Forage Insurance)
= 13,400.00 x 0.3
= $4,020.00
Other Program Details
Participants in the Pasture Days Insurance program are not eligible to select Pasture Insurance.
