All-Peril Mortality Insurance Under Development

CANADA - The Canadian Swine Health Board hopes to be ready to introduce an all peril mortality insurance product for pork producers by this coming January, writes Bruce Cochrane.
calendar icon 5 November 2010
clock icon 3 minute read

The Canadian Swine Health Board is working with the pork industries in Manitoba, Ontario and Quebec to develop a national all peril mortality insurance product for pork producers.

The package, which was discussed last week as part of Canadian Health Forum 2010, is being modeled after a program developed for the poultry industry in response to avian influenza and is intended to cover mortality from disease as well as issues like fire and equipment failure.

Deborah Whale, the insurance committee chair with the Ontario Livestock and Poultry Council, says the programme will benefit both producers and the public.

Deborah Whale – Ontario Livestock and Poultry Council

Certainly the pork industry and its producers will benefit because they will have a protection that is not only not currently in place but it literally isn't in place anywhere in the world.

This will allow the industry to protect itself against its worst mortality issues and to march forward, I think, as a more stable industry.

But it seems to me there's a lot of value here for government, and when I say government I mean tax-payers, because we have an industry then that will have a stable mortality protection.

It will also have a biosecurity standard that needs to be maintained at all times.

When you enhance biosecurity and you maintain it on your farm, farm by farm, you do a great deal to limit the spread of disease, to even limit the introduction of disease to the pork industry and so I think it's going to have a major effect in the long term.

The project is scheduled to be completed in January 2011.

Ms Whale says products have been developed for weaners, growers and sows and in the future could be extended to boars and other sectors of the industry.

© 2000 - 2023 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.