Crop insurance (ASREC) protects your crops against the risks associated with adverse weather conditions and uncontrollable natural phenomena. This program offers individual and collective protection.
Crops insurable under ASREC are:
Risks covered are:
Two types of protection are offered depending on the crop. Protection is collective for hay and corn silage. It can be collective or individual for cereals and grain corn, while it is individual for the other crops. The main differences between the two protections are:
Damage appraisal is made for your farm business. Any compensation paid corresponds to your actual loss, according to the benefit option you chose.
Damage appraisal is made on a collective basis for a certain number of farm businesses on a same territory. Compensation corresponds to the average loss experienced by businesses on your weather station territory or in your geographical area.
For each insured crop, a probable yield is established based on available statistics and then an insurable yield can be established. The probable yield is specific to each farm business. Consult the coverage summary of the crop in question to find out more.