Canada-PEI Business Risk Management Suite

The PEI Agricultural Insurance Corporation is responsible for the administration of the following
income support programs under the Business Risk Management Suite:

AgriStability provides support when a producer experiences larger farm income losses. The
program covers declines of more than 15% in a producer's average income from previous years.

AgriInvest is a savings account for producers, which provides coverage for small income
declines and allows for investments that help mitigate risks or improve market income.

AgriInsurance is an existing program which includes insurance against production losses for
specified perils (weather, pests, disease) and is being expanded to include more commodities.

AgriRecovery is a disaster relief framework which provides a coordinated process for federal,
provincial and territorial governments to respond rapidly when disasters strike, filling gaps not
covered by existing programs.

In no case may the discount or surcharge calculated under subsection (3) exceed
(a) 10% of the base premium amount, in the case of an insured with a loss ratio
based on one year of insurance history; (b) 20% of the base premium amount, in
the case of an insured with a loss ratio based on two years of insurance history; (c)
30% of the base premium amount, in the case of an insured with a loss ratio based
on three years of insurance history; (d) 40% of the base premium amount, in the
case of an insured with a loss ratio based on four years of insurance history; or (e)
50% of the base premium amount, in the case of an insured with a loss ratio based
on five or more years of insurance history.