Financial assistance

The maximum financial assistance for Bee or Honey coverage is $5,000 per policy year, for a maximum of $10,000 for a business that is covered under both plans.

The financial assistance amount will be set by La Financière agricole du Québec for each relevant year of coverage, starting with the 2022 insurance year for the Honey subgroup and 2023 for the Bees subgroup.

The reimbursement amount for the first year of the program is 40% of the apiculture business’s contribution. Thus, an average Honey participant who paid a contribution of $5,200 in 2021 will pay $3,120 in 2022.

Note that this reimbursement is in addition to the new disaster component (available in French only), which reduces your contribution from 4% to 11% depending on the chosen coverage option.