Equine Insurance

LIVESTOCK MORTALITY/ THEFT
The Livestock Mortality/ Theft policy is a Life Insurance policy for your horse(s) or cattle, with the insured as the 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 animal 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. With guaranteed renewal or if you do not renew, you have a 120 day extension of benefits.

Vet Exams will be required if insuring foals between 24 hours old and one year; horses 1-14 valued over $100,000, or horses 15 and older valued over $50,000. Vet Exams are required on cattle if they are valued over $10,000. Vet Exams may be required in other cases at the Underwriting Company’s request.

We will issue a Livestock Mortality/ Theft policy provided the insured’s horse(s) 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 veterinarian 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 a necropsy.

equine mortality policy wording Free colic surgery endorsement wording

 

 

PROSPECTIVE FOAL INSURANCE
This covers death of the unborn foal until the specified expiration date, ranging from 30 days to one year after birth.  This coverage can be offered to an unborn, prospective foal when the mare is confirmed 42 days in foal by a licensed veterinarian (subject to satisfactory Veterinary exam and declaration of pregnancy). For additional information and a quote, please contact our office.

 

Medical Endorsements

COLIC ENDORSEMENT 
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 20% coinsurance on all treatment with a $10,000 limit per animal per year.


SURGICAL ENDORSEMENT 
Should your horse require surgery performed under general anesthesia, 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 20% coinsurance on all treatment with a $10,000 limit per animal per year. Castration is excluded.

 

$7,500 MEDICAL ASSISTANCE ENDORSEMENT 
This insurance reimburses for veterinarian’s fees for surgery, lameness, major illness or disease (lameness procedures are only covered for 6 months from the onset of the condition or until coverage expires, whichever comes first). We will pay reasonable and customary charges necessitated by accident, injury or illness for your insured horse. There is a $500 deductible for each claim and a 20% coinsurance on all treatment with a $7,500 limit per animal per year. Budget for: Gastric Ulcer: $1,500, Laser or Shockwave Therapy: $750, Bisphosphonate $750; Regenerative Therapies (Stem Cell, IRAP, PRP): $1,500.

 

$10,000 MEDICAL ENDORSEMENT 
This insurance reimburses for veterinarian’s fees for surgery, lameness, major illness or disease (lameness procedures are only covered for 6 months from the onset of the condition or until coverage expires, whichever comes first). We will pay reasonable and customary charges necessitated by accident, injury or illness for your insured horse. There is a $500 deductible for each claim and a 20% coinsurance on all treatment with a $10,000 limit per animal per year. This coverage will help control veterinarian expenses for unforeseen events dealing with the health of your animal.

Budget for: Gastric Ulcer: $2,500, Laser or Shockwave Therapy: $1,200, Regenerative Therapies (Stem Cell, IRAP, PRP): $3,000.

 

$15,000 MEDICAL ENDORSEMENT 
Same as $10,000 Medical except higher coverage limit of $15,000

 

** If eligible, all medical endorsements are stackable. For example, $25,000 of Medical coverage is obtainable at a premium of $1,350.00

 

EXPENSES AND PROCEDURES NOT COVERED

  • Maintenance (Corrective Shoeing, Chiropractic Work, Swimming or Injections)
  • Pre-existing or congenital conditions
  • Elective or voluntary surgery
  • Necropsy expense
  • Any hospitalization or boarding charge from a facility that is neither an accredited school of veterinary medicine nor a licensed veterinary clinic.

 

LOSS OF USE ENDORSEMENT
This coverage is available on Cutting, Reining, Hunter/Jumper, Dressage, and Show Horses valued between $100,000 and $500,000; 3-12 years of age, and is pending our Underwriting Company’s approval. The Loss of Use will provide coverage if your horse becomes permanently incapable of fulfilling the functions for which it is used as stated on your policy, for any reason, but its condition does not necessitate destruction for humane reasons. If you purchase the Loss of Use endorsement we will pay you 50% of the insured value of the disabled horse and you retain possession.



ACCIDENT, SICKNESS, AND DISEASE FERTILITY ENDORSEMENT FOR BREEDING STALLIONS
This endorsement will reimburse you up to the full value of your horse, between 1 and 14 years old, should he become permanently incapable of servicing a mare due to a 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.

 

AIR TRANSIT ENDORSEMENT  

This endorsement covers the animal during air transit, usually from Europe to the United States. It is available to all horses over 30 days of age. Full Mortality is required. Please note this coverage is not available in all countries. For additional information or a quote, please contact our office.


Coverage is not bound via voicemail, email, or fax. Please contact our office at (800) 972-0272 to speak with a Justin Insurance Agent to begin coverage. Current coverages and rates are effective as of 01/2020. Please contact our office for current information.