FAQs:

When a producer purchases a LPI insurance policy, it protects the producer’s investment on calves, feeders, fed cattle and hogs. This program allows producers to retain the increase in the market of ...

Premiums are strongly influenced by market volatility.  Premiums are most economical when market volatility is relatively low. LPI offers a wide range of coverage, which allows producers to of ...

No. If you wish to cancel and forfeit your premium to buy again, contact your local LPI office.

In the event of a border closure, pandemic, or other market disruption, policies already in effect will be honoured. There may be a delay in calculating the indemnity until such time when sufficient a ...

If insured cattle or hogs die, there is no adjustment made to a producer’s policy. LPI advises producers when calculating their weight for a policy to account for potential death loss during the All ...

LPI is not designed to insure mature breeding stock. The available insurance products   do not represent the value or market price of breeding stock.

No, unlike other crop insurance programs, there is no government cost-sharing of LPI premium or indemnity. The program is solely producer funded. LPI is designed to comply with trade agreements; over ...

If the fund goes into a deficit position, the Government of Canada and indemnity from a reinsurance policy will cover the program. Existing policies will be honoured even in the case of a border or ...