Description

Crop insurance (ASREC) protects your crops against the risks associated with adverse weather conditions and uncontrollable natural phenomena. This program offers individual and collective protection.

Crops insurable under ASREC are:

• Apiculture
• Apples
• Autumn Cereals
• Cereals, Corn Silage
• Cranberries
• Emerging crops
• Grain corn
• Haskap Berries
• Hay High-Protein Crops
• Maple Syrup
• Market Garden Crops
• Potatoes
• Raspberries
• Semi-cultivated low-bush bluberries
• Strawberries
• Vegetables Grown for Processing

Risks covered are:

• Drought
• Excessive heat
• Excessive humidity
• Excessive rain
• Excessive wind
• Flooding caused by natural elements and constituting an exceptional phenomenon
• Frost
• Hail
• Hurricanes and tornados
• Ice formation in soil
• Insects and plant diseases (invasion or epidemic)
• Snow
• Wild animals (other than waterfowl)

Two types of protection are offered depending on the crop. Protection is collective for hay and corn silage. It can be collective or individual for cereals and grain corn, while it is individual for the other crops. The main differences between the two protections are:

Individual protection

Damage appraisal is made for your farm business. Any compensation paid corresponds to your actual loss, according to the benefit option you chose.

Collective protection

Damage appraisal is made on a collective basis for a certain number of farm businesses on a same territory. Compensation corresponds to the average loss experienced by businesses on your weather station territory or in your geographical area.

For each insured crop, a probable yield is established based on available statistics and then an insurable yield can be established. The probable yield is specific to each farm business. Consult the coverage summary of the crop in question to find out more.

• ASREC intervenes, as need be, when damage is observed on your insured crop.
• ASREC compensation is considered to be allowable income under the AgriStability, Agri-Québec Plus, AgriInvest and Agri-Québec programs. Contributions are counted as allowable expenses under the AgriStability program.
• When you participate in ASREC at the minimum 70% coverage level, there is no reduction in AgriStability program benefits if your operation's program year margin is negative.

If your operation qualifies for a grant through the Financial Support Program for Aspiring Farmers, you can obtain a discount, if you apply for it, for each of your qualifying operators, of 25% off your ASREC contributions, up to $2500 annually for your overall insured products. The discount will be for three consecutive insurance years starting in the 2019 insurance year.