Our coverage and explanations: Horse Mortality Coverage

Good morning!

This week we are starting a blog series with information specific to our customer base. We want the information to be out there and readily available to you. And of course, if you are not a customer but are looking for equine insurance, please feel free to contact us at: equineinsuranceagent.com. We would love to hear from you and help you with peace of mind!

Below are brief explanations of available coverage for the HORSE MORTALITY.

Mortality/Theft Coverage – There is a minimum premium of $200.00 per horse.
This policy covers the horse if death occurs due to an accident, illness, disease, injury, or humane
destruction where the vet can certify that the animal’s condition is incurable and so excessive
that immediate destruction was necessary for humane reasons. The company will pay the
amount insured or the current market value (whichever is less) of the horse prior to the sickness
or injury that caused the death. We can insure the horse for the purchase price within the first
year of ownership. If a higher value is requested please supply us with a show record or provide
a letter stating how much you have paid for training fees (this does not include board, farrier or
veterinary fees) to justify any increase. You must have a Mortality/Theft policy in order to be
eligible to receive Major Medical, Colic, Surgical, Loss of Use, Stallion Infertility, and/or Air
Transit coverages. Please note: To qualify for any major medical coverage, the insured value of
your horse must be $15,000 or greater. If not, you may choose Colic and/or Surgical coverage as
an alternate. All pre-existing and congenital conditions are not covered. We can write new
business on any horses aged 24 hours old through age 15. Renewal policies will be offered
through age 20, however the rates will increase each year on most horses over the age of 14. A
vet exam is required for all horses over $100,000 in value, on new and renewal business. We will
accept values up to $100,000 without a veterinary certificate as long as the horse has not been
seen by a veterinarian for other then routine care. Please keep in mind if you have a foal we will
require a vet exam if the foal is under 3 months of age. To insure a foal it must be at least 24
hours old. If it is a newborn we will need the results of the IGG test. In all other cases, we only
require that you sign the statement of condition, which states that the horse has not been seen by
a veterinarian for other then routine care.