Livestock Mortality Insurance – Livestock Mortality

Livestock Mortality - Livestock - Livestock Mortality Insurance

Livestock Mortality Insurance
Allen Financial Insurance Group & The Equestrian Group
Livestock Mortality

Livestock Mortality - Livestock - Livestock Mortality Insurance

Expertise in Livestock Mortality Insurance:

Our Livestock underwriting teams are specialist providers of new and creative risk solutions for any animal raised for profit, including production animals and high valued exotics and aquatics such as pandas, dolphins and orcas.

We can cover all livestock in situ or in transit. Our maximum line size is $1million for any one animal and $10million for any one farm.

We  participate in proportional and non-proportional reinsurance placements: quota share treaties, stop loss and excess of loss coverage.

The AFIG worldwide presence for Livestock underwriting gives unparalleled local market knowledge and allows us to provide comprehensive and competitive solutions for specific needs of livestock producers within each territory.

With additional support from our in-house claims experts, specialist wordings department dedicated actuarial support and the legal team, AFIG provides a depth of resource that underpins our unrivalled market leading service.

Target Markets:

  •  Cow/Calf, Farmer Feeders & Small Feedlots
  •  Dairy Cattle
  •  Swine Confinements
  •  Poultry Confinements
  •  Bison, Elk & Deer
  •  Frozen Embryos & Semen
  •  Purebred & Seedstock Cattle, Swine & Sheep
  •  Rodeo Cattle
  •  Alpacas, Llamas & Other Camelids
  •  Dogs
  •  Exotics
  •  Livestock Transporters, Exporters & Dealers
  • Livestock Genetics Companies

 

Equine & Equestrian Insurance:

The Equestrian Group is widely recognized for it’s global equestrian and bloodstock expertise, writing the largest geographically diverse equine portfolio. They cover a wide range of bloodstock risks, are specialist Equestrian underwriters, providing insurance solutions for clients worldwide.

Examples of the types of coverage offered are as follows:

Our worldwide underwriting appetite includes:

  • Equestrian Program Business including Liability.
  • High Valued Horses with a maximum line of $2,000,000
  • Bloodstock Schedules
  • Loss of use
  • Veterinary fees and life saving surgery coverage
  • Stallion total permanent infertility
  • Congenital infertility
  • Equestrian coverage (show jumpers, dressage horses, eventers, hunters / hacking / pleasure horses, polo horses, driving horses, showing horses)
  • Bloodstock coverage (thoroughbred stallions, thoroughbred mares, flat racers, foals / yearlings, national hunt horses)
  • Care custody and control
  • Equine related Personal accident
  • Equine related Liability
  • Equine related Property
  • All Risk Mortality

All Risks of Mortality:

This includes death or humane destruction as a result of an accident, sickness or disease. It excludes intentional and economic slaughter or slaughter by government order.

Restricted or Specified Perils:

This includes death or humane destruction as result of specific perils such as fire, explosion, weather perils and impact by vehicles or aircraft. It excludes intentional and economic slaughter or slaughter by government order.

Theft:

This includes theft and death, humane destruction or willful castration as a result of theft or unlawful removal. Excludes mysterious disappearance or escape.

Extensions for Disease:

For diseases causing low mortality but high economic losses. For Example: Salmonella enteritidis or Mycoplasma gallisepticum.

Government Slaughter:

For diseases notify able to the World Organization for Animal Health (OIE) which require slaughter of infected animals or whole herds and flocks e.g. Foot and Mouth Disease, Highly Pathogenic Avian Influenza.

Movement Restriction:

For diseases whose economic impact results from government imposed restrictions on the movement of animals.

 

Transit Cover:

 

International or domestic by air, sea, road or rail.
  • All risks of mortality
  • Restricted perils (including death as a result of collision or over turning of the carrying vehicle)
  • Theft
  • Total loss – in the event of a total loss of the carrying vessel.
  • Quarantine – pre and post transit.
  • Prohibition of export – in the event of border closure following a disease outbreak in the country of import/export.
  • Rejection extension – to automatically extend the period of cover in the event a shipment is rejected due to border closure as a result of a disease outbreak in the country of import/export.
  • Retest cover – in the event an animal fails a post import test for a specified disease.

Underwriting Considerations:

As with any kind of insurance, premiums vary based on the value of the animals insured. Further considerations which may affect the pricing, terms and conditions of livestock insurance are:

  • husbandry standards
  • animal health status
  • availability and quality of veterinary facilities
  • local disease status.

 

Tailored Solutions for Specific Livestock Classes:

For specific Livestock classes we offer extensions to our Standard Cover.

 

Livestock Mortality - Livestock - Livestock Mortality Insurance

CATTLE

  • Bull infertility – economic slaughter following permanent infertility, impotency or being incapable of breeding as a result of:
  • Accident
  • Sickness or disease
  • Semen suitability extension – in the event semen fails to reach the standards required for nitrogen storage
  • Prospective calf – in the event that an unborn calf is not delivered alive or does not survive to a certain age
  • Sales and show packages including:
  • Fall of hammer cover
  • Bull breeding warranty
  • Short period insurance covering farm to show/sale until fall of hammer and/or return to farm including road transits
  • Transit extensions for cattle:
  • Foetus cover – providing indemnity up to 50% of the female’s value in the event of the loss of her in-utero foetus
  • Mastitis
  • Loss of quarter – in the event of permanent loss of use of mammary quarters in females.

Livestock Mortality - Livestock - Livestock Mortality Insurance

Poultry

  • Mechanical breakdown and power failure
  • Debris removal
  • Unforeseen heat stress
  • Transits International or domestic:
  • Day-old chicks
  • Hatchery to farm
  • Farm to slaughter house.

Aquatics & exotics

  • Mechanical breakdown
  • Power failure
  • Pollution.

Embryos & Semen

  • Loss of embryos or semen as a direct result of escape of liquid or vapor nitrogen from the carrying flask
  • Worldwide transits by sea, air, road and rail
  • In situ/storage
  • Theft
  • Loss of or damage to tanks following a valid claim for insured embryos or semen.

Livestock Mortality - Livestock - Livestock Mortality Insurance

Pigs

  • Suffocation following mechanical breakdown and power failure
  • Debris removal

Alpacas, llamas and other camelids

Economic slaughter following permanent infertility, impotence or being incapable of breeding as a result of:

  • Accident
  • Sickness or disease
  • Veterinary fees and life saving veterinary fees
  • Non life saving operations under general and local anesthetic.

Deer & other Cervidae

  • Poisoning
  • Economic slaughter following permanent infertility, impotence or being incapable of breeding as a result of:
  • Accident
  • Sickness or disease
  • Malignant catarrhal fever
  • Velvet removal – in the event of death resulting from the removal of velvet and hard antlers.

Indemnity

Fair Market Value – in general a mortality policy will indemnity the fair market value of the animal at the time of the loss.

Agreed Value – in some cases the value of the animal is agreed at inception for animals such as aquatics or exotics which may be subject to a lease agreement or for which market values are difficult to establish. Agreed value policies often carry an additional premium.

Loss of Revenue – additionally, loss of revenue cover can be provided in the event of mortality of insured animals. Indemnity is the actual revenue lost as a result of mortality; e.g. loss of milk sales in dairy cattle or loss of egg sales for egg layer.

Transits – indemnity for transit coverage can include the cost of the animal plus insurance and freight according to the terms of the shipment.

Livestock Motality – Livestock Mortality Insurance
Information Form

Livestock Mortality - Livestock - Livestock Mortality Insurance

Contact us by phone (800) 874-9191, FAX (602) 992-8327
or email below for more Livestock Motality – Livestock Mortality Insurance information.

Livestock Mortality - Livestock - Livestock Mortality Insurance