Posted May. 04, 2021
The Livestock Price Insurance Virtual Information Sessions will be hosted by Jodie Griffin, Livestock Price Insurance Coordinator. At the session, producers can learn more about the purpose of Livestock Price Insurance, how to participate, understand premium tables and claim windows.
Virtual Information Sessions are scheduled for May 11 and June 1, 2021 at 7:00 p.m. Producers can register for a session by clicking here.
Please call 1-888-935-0000 or contact your local SCIC office to speak with a representative. Staff are available to assist with all business needs by phone or through email at firstname.lastname@example.org.
Producers have until June 10, 2021 to purchase a Livestock Price Insurance Calf Policy. Purchasing hours are on Tuesday, Wednesday and Thursdays from 2:00 p.m. to 11:00 p.m. CST. Livestock Price Insurance for the feeder and fed program can be purchased year-round. To enrol, click here.
About Livestock Price Insurance
Livestock Price Insurance (LPI) is a risk management program available in British Columbia, Alberta, Saskatchewan and Manitoba. The Program provides producers with coverage against market volatility, including an unexpected drop in prices over a defined period of time. Producers can purchase price protection on calves, feeder and fed cattle and hogs, in the form of an insurance policy. Policies are based on a forward market price. If, at the end of the policy the insured price is higher than the market price, the producer will receive a payment for the difference. The program is continuing under the federal-provincial policy framework agreement: the Canadian Agricultural Partnership.