Production Insurance
Bee Health

Rates

​​​​​​​These premium rates are provided for information purposes only. For your own rates, see your renewal notice or coverage confirmation.

2024 Premium rates and insurable values

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 Ontario Agricultural Products Insurance Fund.

Insurable values
($/colony)
Premium rate by coverage level
($/colony)
60%70%
$265
$6.72
$10.27
$310
$8.56
$13.07

​Insurable value

Each year, Agricorp determines a choice of insurable values based on the average cost of a replacement 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

The premium is calculated using this formula:

Annual premium = premium rate × number of insured colonies






Canadian Agricultural Partnership – Agricorp – Ontario – Canada