Production Insurance
Bee Mortality

Rates

​​​​​​​These premium rates are provided for information purposes only. For your own rates, refer to your invoice.  

2019 Premium rates and claim prices 

Premium rates are determined at renewal time each year. These may change due to factors like past performance of the plan, changes to claim prices and the level of the Production Insurance Fund.

Insurable val​ues
($/colony)
Premium rate by coverage level
($/colony)
60%70%80%
$150$1.89$4.18$8.05
$190$2.39$5.30$10.19​​
Insurable value

Each year, Agricorp determines a choice of insurable values based on the average cost of a replacement nucleus colony. You choose an insurable value when you apply or renew.​

Calculating your annual premium

Your annual premium is based on:

  • Premium rate 

  • Number of insured colonies

Annual premium (AP) is calculated using this formula:

AP = premium rate x total number of insured colonies






Canadian Agricultural Partnership – Agricorp – Ontario – Canada