Horse Mortality Insurance, Major Medical & Loss of Use
Reduced Equine Mortality Insurance Rates &
Expanded Major Medical Insurance Coverage for 2017 !
Now 4 Policies to choose from !
The Equestrian Group has served horse owners for over 40 years. Our knowledgeable agents, underwriters and claims staff possess the experience and training to handle all facets of your equine insurance. Whether you are looking to protect your financial investment or making sure your horse receives the best care in the world, in the event he/she becomes ill or injured Horse Mortality Insurance & Major Medical Insurance is one of the most cost effective ways to achieve both.
It’s important that your Horse Mortality Insurance & Major Medical Insurance policy is provided by an A rated company with a national presence, strong financial background and established equine expertise. The Equestrian Group offers this stability through it’s Equine Mortality Division.
The Equestrian Group has the most comprehensive and unique Horse Mortality Insurance – Major Medical Insurance product portfolios available for horse owners, our coverage can be stacked, making each policy customizable. A horse is a valuable asset whether owned for pleasure or professional use they require investment and care. Protecting your asset may be costly and can involve more than just feeding, housing and medical attention. If the horse causes property damage or injury, the horse owner is responsible and can be held liable for compensation, if the horse however becomes sick or dies, unexpected medical expenses may arise.
All Risk Horse Mortality & Theft
This policy is available for foals, yearlings, stallions, mares and geldings of all breeds and types. We have designed this coverage to insure your horse against death from almost any cause. This includes transportation and humane destruction made necessary by an illness or accidental injury anywhere in the continental United States. Our Horse Mortality Insurance & Major Medical Insurance is unique in the industry as our Basic Form includes coverage for theft and $3,000 colic surgery including aftercare at no additional cost. We can even quote and bind coverage on the telephone!
Our policy automatically includes Free Colic Surgery coverage, providing the horse does not have a history of colic problems. The coverage limit is 60% of the insured value with a maximum of $3,000 and no deductible. If you insure your horse for Major Medical Insurance or Surgical as well, you will have access to the maximum limits on both coverage parts.
Guaranteed extension and agreed value coverage are also automatically included in full mortality policies. Veterinary exams and certificates are not required for horses under $100,000.
Guaranteed Coverage Extension
The Full Horse Mortality Insurance & Major Medical Insurance policy also includes Guaranteed Extension coverage. This coverage provides that in the event of a condition occurring and reported during the policy period, horse mortality insurance coverage will automatically continue for up to 12 months from the expiration date for that specific condition.
Major Medical & Surgical
This coverage will help you control unforeseen veterinary expenses for events related to the health of your animal. This valuable endorsement covers up to $7,500, $10,000 or $15,000 of reasonable and customary veterinary, medical and surgical care charges necessitated by accident, injury or illness. Humane destruction is covered under the policy but economic destruction is not. If you choose to put your horse down for financial reasons, the policy will not offer coverage for this. Not all policies are created equally. The adage “you get what you pay for” is very true. For example, most policies impose a time limit for how long the insurer will cover a medical problem. This limit varies between companies and can be as short as four weeks. Our policy will cover for the problem for the entire policy period in which it happened. This can be quite important if you are dealing with a serious problem like EPM where the necessary medication and care is both lengthy and costly.
- Continuing Care – No policy continuing care time limits.
- Navicular, arthritis, and DJD – Conditions such as navicular, arthritis, and DJD are not automatically excluded.
- Medical extensions – Policy provides for up to 30 days additional coverage after expiration. Some companies have no extension on medical conditions occurring just prior to expiration.
Full Loss of Use
In the event your horse becomes permanently unable to perform its insured use as a result of an accident, illness, injury or disease. Full Loss of Use coverage requires the submission of the Full Loss of Use Vet Certificate for coverage consideration. This coverage is available for select uses only. Please call for more information.
Colic Medical & Surgical Coverage
Colic Medical and Surgical Coverage provides an annual limit of the lesser of $3,000 or sixty percent (60%) of the mortality limit of liability, for cost of medical and surgical colic, including aftercare.
Loss of Use - External Injury Only
If your horse is permanently unable to perform its insured use due to a visible injury caused by external, accidental, and violent means, this coverage pays up to 50% of the insured value. This coverage is available for select uses only. Please call for more information.
Stallion Infertility AS&D
Coverage provides that in the event your proven stallion becomes permanently incapable of settling mares in foal as a result of accident, sickness or disease, you will be paid up to 100% of the insured value under the mortality policy. Coverage is not available to stallions in their first breeding season.
Trip Transit Coverage
Mortality coverage may be extended to include international transportation to and from other approved countries. Premium for Trip Transit coverage is fully earned. Prior notification of transit must be given.
The value of a horse is usually the paid purchase price. Other factors can also be taken into consideration when determining the insurable value. Transportation costs from point of purchase, sales tax and training expenses are examples of direct costs that can be included in valuation calculations. The insurance value may further increase with prize winnings, performance level and when offspring justifies such an increase. If the requested insurance amount exceeds the purchase price please provide an explanation of valuation.
THE EQUESTRIAN GROUP will bind Limited Mortality coverage by telephone or FAX with premium payment. In many instances, Full Mortality can be bound if your veterinarian calls immediately after examining the animal. Limited Mortality perils include fire, lightning, flood, theft and transportation accidents. Coverage is bound pending receipt and acceptance of the completed application, veterinary certificate (if applicable) and any other supporting information requested. A satisfactory Statement of Health is adequate to bind and issue mortality coverage for horses valued up to $50,000, ages 30 days to 17 years old. Payment plans available.
All Risk Mortality Rates by Breed & Use
|Use / %||TB||QH||Arab||Warmblood Lipizzan||Saddlebred Missouri FT||Friesian||Morgan||Paint Appy||Paso||Mini||Pony||Draft Cob||Mule||Halter||Other|
|Eventing – Training||3.7||3.7||3.7||3.7||3.7||3.7||3.7||3.7||3.7||N/A||3.7||3.7||3.7||N/A||3.7|
|Eventing – Prelim+||3.9||3.9||3.9||3.9||3.9||3.9||3.9||3.9||N/A||N/A||3.9||N/A||N/A||N/A||3.9|
|Foals 24 HR – 30 Days||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||5.65||N/A||5.65|
|Foals 31+ Days||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||4.85||N/A||4.85|
|Foals 91+ Days||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5||3.5|
Mortality Policy Plans & Options
|Company Plans||Plan CXL||Plan OCC||Plan ARI||Plan UNI|
|Medical Deductible Options: Value – Deductible||
$ 7,500 – $300 $10,000 – $500 $15,000 – $500
$10,000 – $300 $12,500 – $300 $15,000 – $300
$ 5,000 – $375 $ 7,500 – $375 $10,000 – $450 $15,000 – $450
$ 5,000 – $375 $ 7,500 – $375 $10,000 – $375 $15,000 – $375
60% of Treatment & Diagnostics
100% x-ray / ultrasound 80% bone scan / MRI 15% of limit for treatment 100% of limit for surgical
Treatment / Diagnostics $2,000 / $2,000 $4,000 aggregate
|Treatment / Diagnostics $2,000 / $2,000 $4,000 aggregate|
|Highlights||Up to $5,000,000 per horse||Includes $3,000 colic surgery in full mortality||Includes $3,000 colic surgery in full mortality|