When you enrol in Production Insurance, you are guaranteed a level of production based on your yield history and the level of coverage you choose. A claim may be paid if an insured peril causes your yield to fall below your guaranteed production.
Production Insurance covers you for losses due to adverse weather, disease, pests, wildlife, or other uncontrollable natural perils, except for perils excluded in the Contract of Insurance – General Terms and the Commodity-Specific Terms: Tobacco on the Publications page.
Production Insurance coverage for black tobacco begins on May 20 and ends:
- September 12 for air-cured black tobacco
- October 1 for fire-cured black tobacco
Note: Agricorp may extend the coverage period if an insured peril delays harvest.
You must insure 100 per cent of your black tobacco acres.
The following coverage options are in addition to production loss coverage.
If you have damage to at least one-half of an unbroken acre, as verified by an Agricorp adjuster and by the processor, you may be eligible for a claim payment under replant coverage in addition to any production loss claim. To be eligible, you must report damage before replanting, and the crop must be replanted before June 20 of the crop year.