- Forage seed insurance provides financial assistance to producers of forage seed when they experience a significant production shortfall.
- Forage seed insurance is available for alfalfa seed, annual ryegrass seed, tall fescue seed, pedigreed timothy seed, and perennial ryegrass seed.
- If producers have acreage of both pedigreed and common alfalfa seed, both crop types must be insured.
- Pedigreed timothy seed is eligible for insurance, however common timothy seed is only eligible for insurance under Novel Crop Insurance.
- Perennial ryegrass seed is only insurable in the crop year immediately following the crop year in which it was seeded.
- Annual ryegrass seed is only eligible for insurance in the crop year it is seeded.
- To qualify for pedigreed timothy or alfalfa coverage, the variety must be eligible for certification as pedigreed seed in Canada and the acres must meet all CSGA field history standards.
- All varieties are insurable.
- There must be a minimum of per cent ground cover of the insured crop for the acreage to be insured.
- March 31 is the last day to apply for, make changes to (add or delete crops and change coverage levels) or to cancel AgriInsurance.
- An insured producers’s historic yields ( years) are used to calculate their probable yield.
- Producers without a verified yield history in any of the previous years will have the provincial average yield applied for that year.
- Producers insuring one of these crops for the first time (no verifiable data) will be assigned the provincial probable yield.
- Three coverage levels are available: , , or per cent of probable yield.
- Insurance begins once the crop has established and includes winterkill coverage.