Member Benefits

Members

Co-op Hail is owned by it's more than 50,000 members.  Producers who purchase a crop hail insurance policy from us become members of the company.  There is a one-time fee of $1.00 for the purchases of a share.  In addition equity is built up in the members name through the payment of dividends to a maximum of $500.  Any excess is paid out in cash. ...more...

 

Benefits

• A true co-operative company owned and operated by Manitoba and Saskatchewan farmers.

• Elected Directors are active farmer/members who set Company policy and direction.

• Equality: one member - one vote.

• Members share in savings - Dividends have been paid in over 50% of the companies 61 years of operation.

• Members build an equity position to a maximum of $500.

• Coverage in effect until crop is harvested or October 15th whichever occurs first.

• When your crop loss reaches or exceeds 85% a harvest allowance of 15% is paid to increase your award to 100%.  (Final award may be different for deductible policies.)

• FIRE coverage on all policies if crop is accidentally destroyed by fire.

•  Prompt settlement of claims. ( We are proud to advise that claim settlement usually happens within 7 days of crop adjustment.)

• Co-op Hail has the financial strength to provide sound coverage.