LPI - Claim Position
We know what it takes for prepare your livestock for market and how an unexpected turn can impact your future earnings. Here's a tip to help you stay one step ahead: When you purchase livestock price insurance your claim window opens during the last four weeks of your policy. You can determine If you're in a claim position by monitoring weekly settlement prices. Each Monday, settlement prices for the previous weeks are published online. If it's below the insured price of your policy, you're eligible to submit a claim for a portion or all of your insured weight during claim hours. If you decide not to make a claim in the first three weeks of your claim window, the system will automatically settle your policy in the fourth and final week using that week's settlement prices. Visit lpi.ca for learn more.