Farms.com Home   News

Changes to AFSC’s insurance products for 2023

The changes include a move to monthly payments for Moisture Deficiency Insurance, an increase in the reseeding benefit compensation rate, the addition of bear predation (hive and bees) to the Wildlife Damage Compensation Program, increased coverage for Straight Hail Insurance and the cancellation of Satellite Yield Insurance.

“Agriculture in Alberta is a multi-billion-dollar industry and one of the driving forces of our economy,” said Nate Horner, Minister of Agriculture and Irrigation. “Producers need affordable and effective risk management options to give them peace of mind and support them as our agriculture sector grows and diversifies. These adjustments give producers more flexibility to react and respond to emerging challenges and opportunities.”

“We are making these changes to ensure we continue to meet the needs of Alberta’s hardworking farmers and ranchers,” explained Darryl Kay, AFSC’s Chief Executive Officer. “This year’s enhancements ensure our programs reflect and respond to the risks faced by producers and give them the tools to respond to those risks.”

Click here to see more...

Trending Video

Proud To Be A Farmer - Home In The Heartland

Video: Proud To Be A Farmer - Home In The Heartland


This video is dedicated to the heart and soul of our nation—those families who rise with the sun, who pour their sweat and love into the land, and who keep the backbone of this country standing strong. Inspired by their dedication, this song, Proud To Be A Farmer Home In The Heartland, is a tribute to their unyielding spirit. Thank you to all who’ve supported this channel and shared in this journey—together, we celebrate the heritage that makes us who we are. The importance of farmers must never be forgotten.