Hog Price Insurance
Hog Price Insurance 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 LPI client, must apply for an identification number and subscription number. Producers can do this by downloading the forms from the Resource page, calling your preferred AFSC branch office or the LPI Client Contact 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 LPI product to which you have subscribed.
- Click “Login” on the LPI home page and then “Create new web account” to get started.
If you are having any problems accessing or purchasing your LPI policy online, please contact your preferred AFSC branch office.