Production Insurance is a valuable business risk management tool that provides farmers with financial protection against production losses caused by natural perils, such as drought, flood, hail, frost, excessive moisture and insects.
Production Insurance is provincially delivered and federal financial contributions are made through the Canada - New Brunswick Implementation Agreement under the Agricultural Policy Framework Agreement.
Insurance is currently available for apples, grains, potatoes, processing carrots, sweet corn, strawberries and wild blueberries in New Brunswick.
The governments of New Brunswick and Canada jointly contribute to all of the administrative costs for the program. Premium costs are shared between producers and the provincial and federal governments.
Insurable Crops
Apples
Grain
Potatoes
Sweet Corn
Processing Carrots
Strawberries
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