Fast & Efficient Information
Palliser offers a wide range of deductible options.
Our hail insurance policies provide you with solid risk management for your crops. A combination of full cover and deductible options can help you put your farm in the best position for the worst case scenario.
You can’t truly predict the weather, but you can always count on us to help you deal with it.
Farmers are diversifying their crops as global market prices fluctuate and they need good coverage at competitive rates. Palliser Insurance strives to meet these needs by providing farmers with fast, efficient information and full support in ensuring they are protecting their assets.
The Benefits of Our Deductible Options
For those farmers who are willing to take on more risk and save money on the premium, consider buying a deductible.
Palliser Insurance is proud to offer the widest range of crop hail insurance deductible options in Canada, giving farmers the best coverage to protect your profits. This video explains what deductibles are available, how they can benefit you and how they are paid out in the case of a claim.
With increasing input costs and demand for higher insurance capacity, deductible could be a choice risk manage your farm while keeping your premiums competitive.
Reach out for a consultation to review how deductibles could fit into your risk selections.
Valued Coverage:
- Coverage is available on ALL types of crops
- Coverage ranges from $20 to $500 per acre
- Coverage purchased cannot exceed the actual value of the crop
Policy Period:
- The policy is in effect from 12:00 noon the day following the date of purchase
- All policy coverage ends on October 31st at 12:00 noon of the same year
- August 15th is the deadline for accepting applications, unless notified sooner
Fast Payout of Claims:
- Most claims are processed within 72 hours of receipt of an acceptable proof of loss
For questions on existing policies or for information on purchasing hail coverage, please contact your broker or Contact Us
Deductible Options
Full Cover
Pays the actual amount of ascertained percentage of loss once it exceeds 5%.
Full Cover 10
Pays the actual amount of ascertained percentage of loss once it exceeds 10%.
10 IP
Pays any loss in excess of 10%. Once exceeding 10% the 10% deductible is applied. When the percent loss exceeds 70% then an additional 1% shall be paid for each percent loss in excess of 70%. Payable percent of loss may not exceed 100%.
10D
Pays any loss in excess of 10%. 10% Deductible applied until 30%. Between 30% & 40%, 10% deductible disappears. Pays the actual amount of ascertained percentage of loss once it exceeds 40%.
10S
Pays the percentage of loss in excess of 10%.
20D
Pays any loss in excess of 20%. 20% Deductible applied until 40%. Between 40% & 60%, 20% deductible Disappears. Pays the actual amount of ascertained percentage of loss once it exceeds 60%.
25S
Pays the percentage of loss in excess of 25%.
More information
For more information on deductibles and how they can benefit you please select the province you are located: