Apiculture Insurance from FBN®
A safety net designed to protect beekeepers’ primary income sources, Apiculture insurance covers honey, pollen collection, wax and breeding stock.
Apiculture insurance is a federally-reinsured product that provides protection against a single peril: a decline in precipitation. A USDA program sold by private insurance agents like FBN Insurance, Apiculture insurance options allow producers to select from a variety of coverage levels, productivity factors and two-month index intervals to personalize their insurance policy.
To support beekeepers like you in your Apiculture coverage selection and decision-making process, FBN Insurance has developed proprietary software designed to determine the optimal policy based on your unique risk profile, including:
Coverage level
Productivity factor
Index intervals
Coverage to assign to an index interval throughout the year
When working with FBN Insurance on your Apiculture policy, you’ll be paired with one of our highly experienced agents and gain access to this powerful software tool so you can protect your operation with precision and confidence.
Meet the Insurance Team
Applying a Farmers First® mentality to each insurance policy they develop for a customer, FBN Insurance agents don’t just help producers develop their Apiculture coverage. By combining deep insurance expertise with years of hands-on ag experience in the Apiculture industry, our agents are skilled at strategizing a holistic risk management approach tailored to your specific ag operation.
What Is Apiculture Insurance?
Apiculture insurance is intended to protect against a lack of rainfall for honey and pollination production as well as wax and breeding purposes. It is available to producers located in the 48 contiguous states with the exception of a few grids that cross international borders.
How Does Apiculture Insurance Work?
Apiculture systems consist of different types of plants and often contain mixtures of different species. Each species can have different growth habits, seasons, precipitation requirements, and other climate conditions necessary to maintain plant growth over extended periods of time. Apiculture coverage was designed to deliver maximum flexibility to cover these diverse situations.
Apiculture insurance utilizes weather data collected by the National Oceanic and Atmospheric Administration (NOAA) to determine rainfall levels for the various two-month index intervals. When the final grid rainfall index falls below the insured’s coverage level, an indemnity is triggered for that index interval.
Connect With An Agent
Connect With An Agent
Talk to a FBN representative about Apiculture insurance today. Or call (866) 878-7133.
Strategically Manage Risk With FBN Insurance
Supported by a Farmers First® approach to everything we do, FBN Insurance offers a variety of coverage options to support you as you maintain and scale your ag operation. In addition to Apiculture insurance, FBN Insurance also offers:
LRP
A federally subsidized insurance program, Livestock Risk Protection is intended to protect producers against declining market prices.
PRF
A federally-reinsured product, Pasture Rangeland and Forage insurance protects against a decline in precipitation that negatively impacts grazing and haying.
Annual Forage
Providing coverage on annually planted acreage used as livestock feed and fodder, AF is currently available in TX, OK, NM, CO, KS, NE, SD and ND.
Crop-Hail
A type of supplemental crop insurance, Crop-Hail Insurance covers specific losses due to hail or tornado damage.
MPCI
Available for more than 100 different crops, Multi Peril Crop Insurance protects farmers against crop losses caused by natural events.
WFRP
A federal crop insurance policy, Whole Farm Revenue Protection insures against the loss of expected farm revenue.
Health
With affordable plans available in all 50 states, FBN Health offers multiple coverage options to fit any size ag operation or budget.
And More
FBN is more than just insurance. Our agents work with you to understand your biggest concerns and offer custom solutions to fit your operation.
The Latest Risk Management Insights
Webinar: Apiculture: Rainfall Index Insurance
Learn more about the Apiculture Insurance Program intended for honey and pollination production, as well as wax and breeding purposes to protect against a lack of rainfall in this informative webinar.
When Are Livestock Insurance Deadlines?
The USDA Risk Management Agency (RMA) offers three federally subsidized insurance programs. Learn more about important insurance deadlines that cover livestock risk protection, livestock gross margin and dairy revenue protection.
Data Driven Insurance: Using Data to Make Informed Decisions
In this educational panel from Farmer2FarmerVI, you'll learn why data deserves a seat at the table when it’s time to invest in crop, farm and livestock insurance packages.
Weather Predictions and Patterns to Watch For in 2023
With planting season around the corner, FBN Chief Economist, Kevin McNew, discusses drought patterns, where it is looking more wet and La Nina expectations.