Postal Service Disruption | Interruption des services postaux

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Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

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HAIL INSURANCE COVERAGE INCREASED

Released on April 9, 2002

Provincial regulations governing municipal hail insurance have been changed

to allow for an increase in coverage levels.



The limits on the maximum amount of coverage allowed under the Municipal

Hail Insurance Act will increase from the current $100 per acre to $125 per

acre in 2002, and to $150 per acre in 2005 - a move that should decrease

insurance costs for farmers.



The Municipal Hail Program offers hail insurance coverage utilizing the

administrative structure of rural municipalities. It is able to keep

program delivery costs low because it is not subject to the three per cent

premium tax and because it uses the existing rural municipality

administrative structure to sell and collect premiums.



RM's can offer cost-effective hail insurance to farmers because they don't

pay a three per cent premium tax private hail insurance companies must

pay. RM's can also keep administrative costs low by using their existing

administrative structure to sell and collect premiums.



"The Farm Support Review Committee reviewed the request to increase the

limits on municipal hail and supported the increase," Justice Minister

Chris Axworthy said.



"The Saskatchewan Association of Rural Municipalities told us a Municipal

Hail Program with higher limits would help to keep hail insurance costs

down," Deputy Premier and Agriculture, Food and Rural Revitalization

Minister Clay Serby said. "The higher limit in the program will provide

more options for producers buying spot loss hail insurance."



Producers wanting more information on municipal hail coverage should call

their R.M. office.



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For more information, contact:



Scott Brown

Agriculture, Food and Rural Revitalization

Regina

Phone: (306) 787-4031

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