information about Livestock insurance

by Guest » Thu May 04, 2006 05:46 am

hi...just wanted to know ...under what circumstances could we avail a Livestock insurance protection ?

Thanks, Paula

Total Comments: 7

Posted: Thu May 04, 2006 06:15 am Post Subject: instances..

Hi !
As far my knowledge goes, such protections are available in most instances against:
* Death due to an accident
* Death due to an accident or disease
* Loss of use due to an accident
* Loss of use due to an illness

Posted: Thu May 04, 2006 06:25 am Post Subject: A Definition Of Livestock Insurance

Livestock Insurance covers the carriage, exhibition and other normal usage of the animals. Hence it demands a basic understanding as well as some specialist views about livestock business. For a livestock policy with less than 3 months term, any loss associated with the prematured birth of animals would not be counted. This is a form of insurance that protects the owner's investment and not the profit. It can not be termed as a maintenance coverage since it excludes veterinarian or similar expenses.

Under this form of insurance the insured is never indemnified against the loss of an animal's performances towards the cause for which it is serving. This does not include any loss owing to animal slaughter following a government decree or authority or for any expediency. Valuation of animals should be done on the actual sales price or by a notified appraisal from competent judges under the circumstances when no sales transactions have actually taken place.

Posted: Thu May 04, 2006 06:50 am Post Subject: whats the procedure ?

What do we need to do in order to renew a Mortality Insurance ? How do we cancel such a policy ?

Posted: Wed May 24, 2006 04:55 am Post Subject: Mortality Insurance

Mortality insurance can be renewed once the evidence of reinsurability could be produced as a physical condition and a market value. The insured or his company might effect a cancellation once a notice is produced in conformation with the existing laws governing the address of the insured as per the policy. If a cancellation is initiated by the insured then a short rate basis would be applicable but if it is the other way round, then a pro rata basis would be applied.

Posted: Tue Jun 27, 2006 04:24 pm Post Subject: INsurance for rodeo bulls

I am buying an expensive rodeo bull. Can I insure the animal in case of death?? What are the details??

Posted: Wed Jun 28, 2006 06:32 am Post Subject:

I think you can insure the animal under Pet insurance only for the health but not in death. My guess is that you are going to play the animal in the Rodeo bull play arena right? thats why you are asking. So far I know the livestock contractor will provide you a copy of the liability insurance. And Livestock Insurance is supposed to cover even the death.

Shop around and get quotes from different insurance companies as that will reduce some dollars for you.
Best of luck!

Posted: Wed Jun 28, 2006 06:45 am Post Subject: Rodeo Bull resources

George Marshal

check this out.... it may help you :)

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