ALERT

Holiday closure

The western LPI Client Contact Centre will be closed from December 24 at 2 p.m. through January 1, 2025. We will reopen January 2, 2025. Last day for Claim Request – December 16, 2024 Last day of expiring policies – December 23, 2024 (statements and any indemnity processing on January 8, 2025) First day for Claim Request – January 13, 2025 (Fed, Feeder-AB), January 20, 2025 (Feeder-SaskMan, Calf-AB, Calf-SaskMan) Last day for Purchase – December 19, 2024 First day for Purchase – January 14, 2025 (Fed, Feeder-AB, Hog), January 21, 2025 (Feeder-SaskMan)

Home / FAQs / LPI settlements for Feeder and Calf are derived from steer data only, are heifers still insurable?

Frequently Asked Questions

LPI settlements for Feeder and Calf are derived from steer data only, are heifers still insurable?

January 19, 2021

Heifers can be insured under any of the cattle products-. However, coverage and settlement of the Feeder and Calf programs are based on average weekly steer prices. Indemnity is based on a comparison between the published steer settlement price and the producer’s chosen level of insured coverage. The difference determines if there was a decline in projected cattle prices from the time the producer purchased the policy.