Horses Insurance

LIVESTOCK MORTALITY/THEFT The Livestock Mortality/Theft policy is a Life Insurance policy for your horse(s) or cattle, with the insured as beneficiary.  It is an "All Risk" policy which will cover death, theft and humane destruction, subject to certain exclusions which are stated in the policy. We will pay the actual value of the horse at the time of the accident or illness causing its death, not exceeding the value specified in the schedule.  If your horse is sick or injured before the policy expires and you have reported this to us, we will extend your mortality coverage for an additional 12 months should the horse die within that time from the same cause. If your horse is under 12 months old, 15 years or older, or valued over $100,000, a vet exam is required.  Or vet exams may also be required at the underwriting companies request. We will issue a Livestock Mortality/Theft policy provided the insured's horse is in sound health at the inception of the policy.  We also assume you will provide proper care and attention for the horse and that you will employ a licensed veternarian at your expense if the horse suffers any illness, disease, lameness, injury, accident or physical disability.  In addition, if your horse dies, you are required to arrange and pay for an autopsy. Please note new endorsement coverages and limits available effective March 2010 under the FORMS tab, Equine Mortality Application, Page 2. *Major Medical is now available for horses through the age of 20 years under the new endorsement coverage.  COLIC ENDORSEMENT ($150 Per horse) This endorsement covers colic treatment and surgery for horses 30 days old through the age of 20 years. There is a $250 deductible for each claim and a $10,000 limit per animal per year.  Available for race horses.

SURGICAL ENDORSEMENT ($150 Per horse) Should your horse require surgery, this endorsement will cover the Surgical Procedures.  We will pay reasonable and customary charges for surgical treatment, including anesthesia, necessitated by accident, illness or injury.  There is a $250 deductible for each claim and a $10,000 limit per animal per year.  Available for horses 30 days old through the age of 20 years. Certain exclusions apply, including race horses, castration and cattle.

$10,000 MAJOR MEDICAL ENDORSEMENT ($375 Per horse) This insurance reimburses for veterinarian's fees for surgery and major illnesses and disease.  We will pay reasonable and customary charges necessitated by accident, injury or illness for your insured horse.  There is a $250 deductible for each claim and a 30% coinsurance on diagnostics with a $10,000 limit per animal per year.  This coverage will help control veterinarian expenses for unforseen events dealing with the health of your animal.  Available for horses 30 days old through the age of 20 years.  Not available for race horses or cattle. $15,000 MAJOR MEDICAL ENDORSEMENT ($475 Per horse)  This insurance reimburses for veterinarian's fees for surgery and major illnesses and disease.  We will pay reasonable and customary charges necessitated by accident, injury or illness for your insured horse.  There is a $250 deductible for each claim and a 30% coinsurance on diagnostics with a $15,000 limit per animal per year.  This coverage will help control veterinarian expenses for unforseen events dealing with the health of your animal.  Available for horses 30 days old through the age of 20 years.  Not available for race horses or cattle.

LOSS OF USE ENDORSEMENT  (3.75% of insured value and requires the Major Medical or Surgical Endorsement) This coverage is available on Cutting, Reining and Show Horses valued between $25,000 and $500,000, 3 through 12 years of age, and is pending Underwriter approval.  The Loss of Use will cover you if your horse becomes permanently incapable of fulfilling the functions for which it is used as stated on your policy but its condition does not necessitate destruction for humane reasons.  If you purchase the Loss of Use endorsement we will pay you 70% of the insured value of the disabled horse.  If you wish to keep the horse, we will pay you 50% of the horse's insured value.

ACCIDENT, SICKNESS AND DISEASE FERTILITY ENDORSEMENT (.5% of insured value) This endorsement will reimburse you the full value of your horse, between 1 to 14 years old, should he become permanently incapable of servicing a mare in foal due to specific accident, sickness or disease that occurs within the policy term.  If a claim is paid under this coverage, the company does have the right to take possession and title of the horse.  Certain exclusions apply, including congenital conditions