Apiculture Pilot Insurance Programs
The Risk Management Agency is now offering pilot insurance programs for apiculture. These new pilot programs use rainfall and vegetation greenness indices to estimate local rainfall and plant health, allowing beekeepers to purchase insurance protection against production risks. The Apiculture Pilot Insurance Programs provide a safety net for beekeepers’ primary income sources:
- honey
- pollen collection
- wax
- breeding stock
Other program details include:
- Available in select states and counties
- Based on precipitation percentage
- Claims are automatically triggered
- No records to keep
- Proven performance
Rainfall Index Program
- Covers decline in precipitation
- Precipitation recorded by NOAA in 2-month intervals
- Insured chooses which 2-month intervals to insure
- Precipitation data calculated in approximate
- 12×12 mile grids