Hog Price Insurance
The Hog Price Insurance Program is designed to provide producers with protection against declining hog prices.
Hog producers have the option to purchase an insurance policy based on a forecasted hog price. When the policy expires the coverage purchased is compared to a settlement price. If the settlement price is below the insured price, a payment of the difference is made.
How to Participate
Purchasing livestock price insurance is a three step process:
- New WLPIP client, must apply for an identification number and subscription number. Producers can do this by downloading the forms from the Resource page, calling your local AFSC office or the WLPIP Call Centre at 1.844.782.5747.
- Specify which program you are applying for on the form (a separate application must be completed for access to each WLPIP program). Once completed and eligibility is confirmed, you will be able to purchase the WLPIP to which you have subscribed.
- Click Login Click “Login” on the WLPIP home page and then “Create new web account” to get started.
If you are having any problems accessing or purchasing your WLPIP policy online, please contact your local AFSC office.