5Years"


 

All- Risk Mortality

The Livestock Mortality policy is a Life Insurance policy for your horse, with the Insured as a beneficiary. It is an "All-Risk" policy which will cover death from any cause, subject to certain exclusions which are stated in the policy. Some carriers will pay you if your horse is stolen, without proof of forcible entry.

We provide options where we will pay the agreed value of the horse at the time of the accident or illness causing its death, not exceeding the value specified in the schedule.

If you have a sick horse at renewal, do not worry, there are options, that will maintain the integrity of your coverage.

If your horse is sick or injured before the policy expires and you have reported this to us, we will extend your coverage for a predetermined amount of time, for example 12 months and pay your claim should the horse die within that time from the same cause.

With one particular insurance company, there is a “Guaranteed Renewal” provision on everyone one of its policies that states regardless of the horses health at renewal, if the value stays the same and the age isn’t older than 14, the insurance company has to renew.

We will issue a Livestock Mortality Policy provided the insured horse is in sound health at the inception of the policy, which is proven by a vet exam that is rated acceptable by the insurance company. 

Insurance vet exams costs on average $70.00, based on the use of the horse.If you have several horses to insure, those costs can add up, and for that particular reason, one company, should you choose to insure with them, pays for all insurance vet exams.

We also assume you will provide proper care and attention for the horse and that you will employ a veterinarian at your expense if the horse suffers any illness, disease, lameness, injury, accident or physical disability. Also, if your horse dies, you are required to arrange and pay for an autopsy.

All of the endorsements listed below are optional and can be added to your mortality policy provided you meet the necessary requirements and pay the additional premium.

SURGICAL ENDORSEMENT

We agree to pay you for reasonable and customary fees for surgical procedures performed on a covered animal as specified in the Declarations.  We also agree to pay you for reasonable and customary after-care while the covered animal is kept on the premises where the surgery is performed. 

Our combined limit for covered surgery and after-care per covered animal, per policy year, is listed in the Declarations .  A deductible applies to each separate Surgical claim during the policy period.

This endorsement does not provide coverage for:
    1. Any surgery not performed by a veterinarian in a:
        a. school of veterinary medicine; or
        b. surgical clinic;
    2. Conditions existing, diagnosed or treated prior to the effective date of this endorsement.
    3. Any examination, medical treatment or medication unless it is given in conjunction with the covered surgical procedure
        being claimed;
    4. Operations not performed under a general anesthesia;
    5.Any elective or voluntary surgical procedure;
    6. Death benefits; or
    7. Postmortem surgical operations.

This endorsement is subject to the Animal mortality Policy . terms and conditions.  Please note Treatment of the Covered Animal(s) requires that in the event of injury to, sickness of, or disease to the covered animal(s), you give us immediate notice by telephone and/or facsimile and provide us with a description of the injury, sickness, or disease and the name of the attending veterinarian.

PAYMENT OF CLAIM:

Once you supply us with notice of injury, sickness or disease to the covered animal(s) and a covered surgical procedure under this endorsement has been performed, the following items must be submitted to us within 60 days of the surgical treatment for claim payment under this endorsement.

    1. A report signed by the attending veterinarian describing the surgical treatment performed and describing the covered 
        animal(s) condition, and
    2. Copies of all bills related to the claim.

All other terms and conditions of your policy remain unchanged.

MAJOR MEDICAL ENDORSEMENT

We agree to pay you for reasonable and customary fees for surgical or medical expenses incurred on a covered animal due to injury, illness or disease.  If the covered animal suffers from a covered injury, illness or disease, and diagnostic testing provides a diagnosis that leads to a  covered surgical procedure or medical treatment being performed on the animal, we will pay a percentage  of related diagnostic tests, including x-rays and bone scans.  However, if diagnostic testing fails to provide a diagnosis, then there is no coverage for the diagnostic tests. 

Our combined limit for covered surgery, aftercare and medical treatment per covered animal, per policy period is listed in the Declarations.  The deductible applies to each separate claim during the policy period.

THIS ENDORSEMENT DOES NOT COVER:
    1. Any accident, injury or illness contracted prior to the effective date of this endorsement and any recurrences thereof;
    2. Expenses incurred for veterinarian travel or animal transportation fees;
    3. Any voluntary surgery including but not limited to castration, caslick's operations, and cosmetic surgery;
    4. Malicious or willful injury or poisoning or gross negligence whether or no caused by you;
    5. Any medical treatment and/or surgical procedure normally associated with the maintenance of a healthy animal;
    6. Any covered animal(s) used for racing;
    7. Any covered animal(s) under 90 days or over 15 years of age;
    8. Any congenital birth defect such as umbilical hernia, contracted tendons, cryporchidism etc., whether evident or not at 
        the inception of the policy;
    9. Any medical treatment and/or surgical procedure due to navicular disease, arthritis, or degenerative joint disease;
    10. Boarding and Hospitalization charges, unless they are from a licensed veterinary clinic;
    11. Any surgery not performed by a veterinarian in a licensed veterinary clinic;
    12. Any medical treatment not performed by a veterinarian;
    13. Death benefits or post-mortem expenses;
    14. Shock Wave Therapy; and
    15. Any Joint Treatment Injections that are due to normal wear and tear and were not due to external injury.

This endorsement is subject to the Animal Mortality Policy  terms and conditions.  Please note that Condition A. Treatment Of The Covered Animal(s) requires that in the event of injury to, sickness of, or disease to the covered animal(s), you give us immediate notice by the telephone and/or facsimile and provide us with a description of the injury, sickness, or disease and the name of the attending veterinarian.

PAYMENT OF CLAIM
Once you supply us with prompt notice of injury, sickness, or disease to the covered animal(s), the following items must be submitted to us within 60 days of the surgical or medical treatment for claim payment under this endorsement.

    1. A report signed by the attending veterinarian describing the surgical or medical treatment performed and describing the
        covered animal's condition and
    2. Copies of all bills related to the claim.

All other terms and conditions of your policy remain unchanged.
 

ANIMAL MORTALITY PROGRAM LOSS OF USE ENDORSEMENT NO. 1

We will pay a portion of the Fair Market Value of the covered animal(s) at the time of injury of 50% of our limit, whichever is less (you keep the covered animal(s)), if the covered animal(s):
    1. is injured by sudden external, accidental and violent means; and
    2. becomes totally and permanently unfit for the use as specified in the Declarations or the Schedule as a result of such injury;
        and
    3.  does not require destruction for humane reasons.

You will comply with the following conditions before we accept any liability under this endorsement:
    1. Give us immediate notice of any accident resulting in an injury which may give rise to claim by:
        a. telephone; or
        b. facsimile.
    2. Within 14 days of such accident, you will provide us with a full veterinary report by a veterinarian which will include:
        a. a description of the injury suffered;
        b. the treatment rendered; and
        c. the opinion of the veterinarian as to the covered animal(s) fitness for use as described in the Declarations or Schedule.
    3. We have the right to appoint a veterinarian to examine the covered animal(s) after you notify us of any accident.
    4. If you, your servants or your agents fail to comply with this endorsement, your policy will be null and void.
    5. If a claim is made under this endorsement or the policy to which it is attached, the insurance on the covered animal(s) for which the claim is paid:
        a. will terminate; and
        b. unearned premium will be refunded to the insured on a pro-rate basis.
    6. Any disagreement between your or our veterinarian over the incapacity of the covered animal(s) will be referred to an independent veterinarian:
        a. mutually agreed to by you and us; and
        b. who will act as arbitrator
        The decision made by the independent Veterinarian will be binding.
    7. Te provisions of this endorsement apply only to claims for indemnity for loss of use and do not extend  to all risk mortality.

Renewal of your policy will be our decision only.

If a Loss of Use claim is still pending at the expiration date of this policy, our liability for this endorsement will be extended after the policy expires based on policy parameters
Any claim due to lameness not brought on by sudden, external, accidental and violent means, included but not limited to:
    a. navicular disease;
    b. arthritis;
    c. degenerative joint disease;
    d. Lyme disease; or
    e. bone spavins is not covered under this endorsement.

This endorsement does not apply to breeding use.  Infertility is not covered under this endorsement.

All other terms and conditions of your policy will remain the same.

ANIMAL MORTALITY PROGRAM LOSS OF USE ENDORSEMENT NO. 2

We will pay a portion of the Fair Market Value of the covered animal(s) at the time of injury, illness or disease, or 50% of our limit, whichever is less, (you keep the covered animal(s)) if the covered animal(s):
    1. develops an injury, illness or disease during the policy term; and
    2. this injury, illness or disease renders the covered animal(s) totally and permanently unfit and incapable for the use specified in the Declarations; and
    3. does not require destruction for humane reasons.

You must comply with the following conditions before we accept any liability under this endorsement.
    1. Give us immediate notice of any injury, illness or disease which may give rise to a claim.
    2. You will provide us with a full veterinary report by a veterinarian within 14 days from the date of the injury, illness or disease.
    3. We have the right to appoint a veterinarian of our choice to examine the covered animal(s) after you notify us of any accident.
    4. Any disagreement between your or our veterinarian over the incapacity of the covered animal(s) will be referred to an independent veterinarian.
        a. mutually agreed to by you and us; and
        b. who will act as arbitrator.
    5. The provisions of this endorsement apply only to claims for Loss of Use and do not extend to all risk mortality.

This endorsement does not apply to breeding use.  Infertility is not covered under this endorsement.
Renewal of your policy will be our decision only.

All other terms and conditions of your policy will remain the same.

top