Producers share stories how SCIC program work together for their farms

360 Coverage

What will my insurance cost? Try our "What-if" calculators to complete generic coverage and premium calculations.

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Program Overview

AgriStability is designed to provide financial support for farm operations facing large margin declines caused by production loss, increased costs and/or declining market conditions. Coverage is for the whole farm and is personalized based on each farm’s history.

Margins

The AgriStability Program uses margins to determine if you are eligible for benefit payments. AgriStability calculates a program year margin and compares this to the reference margin for your farming operation.

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Benefits

If your program year margin falls 30 per cent below your reference margin, due to any combination of production loss, adverse market conditions or increased costs, AgriStability could provide a payment.

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Program Fees

All producers participating in AgriStability must pay annual fees. Information will be included on the Enrolment/Fee Notice you receive.

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Contact Persons

In naming a contact person(s), you authorize them to receive, provide or make changes to information on your behalf concerning the AgriStability Program.

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Contract Buy-Outs

Due to the reduced production from the hot and dry conditions, you may be concerned about being able to fulfill your commitments on forward contracts. In those situations where you will not have enough production to meet forward contract requirements, the cost of having to buy-out the shortfall with the grain company can be included in your AgriStability expense.

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