What was new in annual insurance in 2024
New Crop Insurance Initiative (NCII) Acreage Limit: Maximum eligible acreage of insured NCII crops was limited to the acreage of insured crops under the associated Crop Insurance policy.
Wildfire was added to the list of designated perils as an insurable cause of loss for Crop Insurance and Processing Vegetable Insurance.
Reseeding Benefit: The reseeding benefit values was reviewed and updated. This is an annual process to ensure values are more relevant and reflective of current market input conditions. Please refer to the applicable Insuring Agreement(s) to find the updated values for the current year.
Weather Stations for Silage Greenfeed LOM: Seven new weather stations – Ross Creek, Carseland, Marwayne, Gahern, Hilda, Twin River, and Aden – were added to the network of weather stations across Alberta, while one weather station, Clear Hills, was decommissioned.