Good afternoon!
Wrapping up our FAQ section, we have heard mentioned the terms halter bloodlines and often, insurance companies ask that you disclose if your horse has them before getting coverage. But the question is, what does that mean and why should you have to disclose for them
?
Quarter horses, Appaloosas and Paints must disclose whether they have an ancestor known to carry Hyperkalemic Periodic Paralysis (HYPP). This condition is prevalent in horses bred for halter use. HYPP is a condition characterized by intermittent episodes of muscle tremors (shaking or trembling, weaknesses, and/or collapse) and can often lead to death. To learn more about HYPP check out the link here from UC Davis veterinary medicine: http://www.vgl.ucdavis.edu/services/hypp.php
Tuesday, May 27, 2014
Monday, May 12, 2014
Question: Defining Care Custody and Control
Good afternoon!
Continuing with our FAQ series, today we will give you a basic overview on the definition of Care, Custody and Control. Care, Custody & Control (CCC) covers boarded horses if one of those horses is injured or dies while in your care and you are found negligent. The policy provides for the mortality or medical care of the value of the horse, up to the limit of coverage you purchase.
For example, lets say the CCC coverage is $5,000 for a single instance, and $25,000 in aggregate. In that case, the CCC pays $5,000 for any horse not owned by you for illness, injury or death, caused by you unintentionally. Let's say you take a boarder's horse out to the arena or pasture for exercise and the horse bolts and runs into the road and gets injured or killed. This coverage then pays up to $5,000 for that accident, subject to a $250.00 deductible. On the other hand, if the owner is letting their horse out and the same circumstance arises, there is no coverage, because you had nothing to do with the occurrence. If several horses were injured, let's say by a fire, the maximum the company will pay at the coverage levels in this example is $25,000.
(information taken from mize.com)
Does that help your understanding at all? If not, feel free to let us help you and make sure you have the right coverage for your boarding operation! Visit us on the web at: http://equineinsuranceagent.com/
Continuing with our FAQ series, today we will give you a basic overview on the definition of Care, Custody and Control. Care, Custody & Control (CCC) covers boarded horses if one of those horses is injured or dies while in your care and you are found negligent. The policy provides for the mortality or medical care of the value of the horse, up to the limit of coverage you purchase.
For example, lets say the CCC coverage is $5,000 for a single instance, and $25,000 in aggregate. In that case, the CCC pays $5,000 for any horse not owned by you for illness, injury or death, caused by you unintentionally. Let's say you take a boarder's horse out to the arena or pasture for exercise and the horse bolts and runs into the road and gets injured or killed. This coverage then pays up to $5,000 for that accident, subject to a $250.00 deductible. On the other hand, if the owner is letting their horse out and the same circumstance arises, there is no coverage, because you had nothing to do with the occurrence. If several horses were injured, let's say by a fire, the maximum the company will pay at the coverage levels in this example is $25,000.
(information taken from mize.com)
Does that help your understanding at all? If not, feel free to let us help you and make sure you have the right coverage for your boarding operation! Visit us on the web at: http://equineinsuranceagent.com/
Monday, May 5, 2014
Question: Are Regular Vet Checks Covered?
Good afternoon!
Continuing with our Frequently Asked Questions blog series, today we talk about whether regular vet checks are covered under your typical equine insurance policy, or not.
Answer: Under the major medical & surgical, nearly every illness or injury that requires calling a Vet out for emergency services is covered, (ie: your horse needs stitches, or develops sudden lameness, and needs diagnostics to find the cause, etc.). This coverage applies to emergency services, so it would not include regular vet checks for worming, shots, etc.
In other words, something has to be wrong with your horse for coverage to apply.
A claim is one occurrence. Let's say your horse comes down with strangles, and the vet has to come out every other day for a month. If you've purchased the major medical coverage, you pay the deductible, and his charges after that are covered by the insurance company. Diagnostics, meds, etc. are covered, but again, when you have a claim, you call the 800 number. They will get the name and phone number of your vet and between the vet, the insurance company and you, they will pay for the best care for your horse.
However, your vet can't charge an unreasonable fee. For instance, if most vets charge $50 a visit and he decides to charge $100, the insurance is only going to pay the reasonable fee; they're not going to pay an accelerated fee, just because the vet knows insurance is paying the bill. Additionally, the insurance does not pay for the call charge, transportation, or any routine medical care of your normal, healthy horse.
Note that if the horse is so seriously injured that in the vet's opinion it needs to be immediately put down to avoid further suffering, the adjusters will take that into consideration, (they don't want an animal to suffer). So, in that case, the vet may want to put the animal down right away, and call the 800 number afterward.
*taken from Mize Ins. FAQs*
Continuing with our Frequently Asked Questions blog series, today we talk about whether regular vet checks are covered under your typical equine insurance policy, or not.
Answer: Under the major medical & surgical, nearly every illness or injury that requires calling a Vet out for emergency services is covered, (ie: your horse needs stitches, or develops sudden lameness, and needs diagnostics to find the cause, etc.). This coverage applies to emergency services, so it would not include regular vet checks for worming, shots, etc.
In other words, something has to be wrong with your horse for coverage to apply.
A claim is one occurrence. Let's say your horse comes down with strangles, and the vet has to come out every other day for a month. If you've purchased the major medical coverage, you pay the deductible, and his charges after that are covered by the insurance company. Diagnostics, meds, etc. are covered, but again, when you have a claim, you call the 800 number. They will get the name and phone number of your vet and between the vet, the insurance company and you, they will pay for the best care for your horse.
However, your vet can't charge an unreasonable fee. For instance, if most vets charge $50 a visit and he decides to charge $100, the insurance is only going to pay the reasonable fee; they're not going to pay an accelerated fee, just because the vet knows insurance is paying the bill. Additionally, the insurance does not pay for the call charge, transportation, or any routine medical care of your normal, healthy horse.
Note that if the horse is so seriously injured that in the vet's opinion it needs to be immediately put down to avoid further suffering, the adjusters will take that into consideration, (they don't want an animal to suffer). So, in that case, the vet may want to put the animal down right away, and call the 800 number afterward.
*taken from Mize Ins. FAQs*
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