Production Insurance
Winter wheat


Why are 5 million acres of Ontario farmland insured under Production Insurance each year?

In a word: protection.

Production Insurance protects Ontario producers from yield reductions and crop losses caused by factors beyond their control, including adverse weather, disease, pests, wildlife or other uncontrollable natural perils.

When you enrol in a Production Insurance plan for grains and oilseeds, you are guaranteed a level of production that is 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.

What's new

  • Making coverage changes extension – This year, you have until November 23, 2020, to make any changes to your coverage.
  • Quality adjustment factor for winter wheat, spring wheat and soybeans – To make your coverage amounts easier to understand, starting in 2021, Agricorp will be replacing deductibles previously applied to your guaranteed production with an equivalent adjustment to the claim price. Because of the offset, your guaranteed production will increase slightly and your claim price will decrease slightly. This change does not affect your coverage, likelihood or amount of a claim, or premium. There is no action needed on your part. Read more on the How it works page.
  • Reporting acres – This year, we ask that you report your acres between November 2 and November 23, 2020, giving you more time to report.
  • Same insurance. New look – We have refreshed the renewal notice and Contract of Insurance for Production Insurance. 

Coverage for production loss caused by on-farm labour shortages due to COVID-19

On July 9, 2020, the governments of Canada and Ontario announced an enhancement to Production Insurance for eligible commodities in 2020 to help farmers manage challenges beyond their control.

This coverage has been extended for the 2021 program year. For 2021, the coverage will include fruit trees and vines.

Production Insurance customers who suffer production loss caused by on-farm labour shortages due to COVID-19 will be insured for the 2020 and 2021 program years.

For more information about this coverage, see Understanding Coverage for 2021 Labour Disruptions.

What Production Ins​​​​urance offers

  • Peace of mind (production level is guaranteed)
  • Dependable collateral with financial institutions
  • Affordable coverage that is cost-shared with government
  • Premiums that are tax deductible as an operating expense
  • Claim payments that reflect market prices
  • Individual crop plans that accommodate unique aspects of each insurable crop
  • Payments that are made within the year the loss occurred (in most cases)

Funding partners

Production Insurance is part of the suite of programs available under the Canadian Agricultural Partnership. In most plans, producers pay 40 per cent of the total premium cost and none of the administration cost. Together, the federal and provincial governments contribute the other 60 per cent. Administrative costs are fully funded by both levels of government.​​

DeadlinesJuly 2021

Canadian Agricultural Partnership – Agricorp – Ontario – Canada