Why are 5 million acres of Ontario farmland insured under Production Insurance each year?
In a word:
protection.
Production Insurance protects Ontario producers from losses caused by factors beyond their control. Production Insurance for bee health covers colony losses caused by insured perils that occur during the overwinter period.
What's new
Bee health coverage has been updated, starting with the 2025 program year. Developed in collaboration with the Ontario Beekeepers' Association and the government, the updates make coverage more tailored to individual beekeeping operations.
Custom coverage levels: Coverage is now based on a beekeeper's unique colony survival rate, providing more accurate and personalized protection.
Historical colony survival rate: The coverage level is determined by your average colony survival rate over the past 5 to 10 years
Premiums tailored to your coverage level: Premium rates that are tailored to the specific coverage level calculated for your operation. This allows for much more customized and precise coverage.
What Production Insurance offers
- Peace of mind (production level is guaranteed)
- Dependable collateral with financial institutions
- Affordable coverage that is cost-shared with government
- Premiums that are tax deductible as an operating expense
- Claim payments that reflect market prices
- Coverage that accommodates the unique aspects of each insurable commodity
- Payments that are made within the year the loss occurred (in most cases)
Funding partners
Production Insurance is part of the suite of programs available under the Sustainable Canadian Agricultural Partnership. For most coverage, producers pay 40% of the total premium cost and none of the administration cost. Together, the federal and provincial governments contribute the other 60%. Administrative costs are fully funded by both levels of government.
