This comprehensive policy reimburses you in the event of the death of your insured horse resulting from an accident, sickness or disease sustained during the annual policy term. This policy also provides coverage if an insured horse requires euthanasia, as recommended by your veterinarian and agreed to by the insurance company, to prevent excess or continued suffering due to an incurable injury or terminal disease. Limited theft protection is included offering protection if the insured animal is stolen and dies as a result.
Your mortality policy will provide coverage while your insured horse is stabled in the United States or Canada including during transportation throughout. The territorial limits of your policy can be extended to include many foreign countries. Prior notification and acceptance by the insurance company is required to provide transit coverage outside of the US and Canada. This is a very important consideration if you are purchasing a horse from another country.
You will always want to notify your agent or assigned claims adjuster of any illness or injury requiring veterinary care and prior to any surgery even if elective-type surgery. Failure to give proper notice of any claim or prior to any surgery (unless required to save the animal's life) could jeopardize your insurance coverage.
Insurance Policy RequirementsThe insurance company has specific requirements for placing insurance on your horse. Once these requirements are met, we will be able to immediately provide coverage.
The following forms are available for downloading. Just click on any form listed below to view or print an application. If you don't have Adobe Acrobat Reader version 5.0 or higher, you can download it for free by clicking here:
The appropriate forms are available by clicking on each form below.
- A current examination is required to be completed by your veterinarian for horses valued in excess of $50,000; foals under 60 days of age; all horses used for racing; and may be required for horses with prior health conditions including previous surgery, lameness, illness or injury. Mortality insurance on senior horses may also require a current vet examination. The veterinary report cannot be more than 30 days old at the time your policy begins.
- The insurance company will accept a health statement completed by you on horses to be insured at $50,000 or less and foals over 60 days of age. The health statement will ask specific questions regarding the health history of the horse to be insured. This report will save you the expense of an insurance veterinarian examination.
Justification of Value Forms
- The amount of insurance you request for your horse must be justified. The purchase price is the amount accepted for recent purchases. Training, showing, racing, and breeding information are used to increase the amount of insurance over your purchase price. The amount of insurance on homebred horses is usually based on the stud fee paid to produce the foal, but sales of similar offspring are taken into consideration as is the performance record of siblings. A certified appraisal is also considered in establishing the market value of your horse.
Agreed Value Policy - With prior justification of value and acceptance by the insurance company, your policy will be written on an agreed value basis. In the event of a claim resulting in the death of the insured animal, you will be paid the value amount stated in your policy.
Guaranteed Extension of the Mortality Coverage - The mortality coverage under your policy is protected for up to 12 months from the expiration date of your policy in the event a condition occurs to your horse and is reported during the policy period , coverage will automatically continue for mortality. Subject to age limit requirements. (Some policies require a small charge for this protection.)
Optional Insurance Coverage to Enhance your policy
Emergency Colic Surgery Coverage - Should your insured horse require colic surgery, the benefit of this extension of your insurance policy provides payment for the cost of the surgery and including post surgery medical care as well as third party transportation cost to the surgical facility. Eligible horses must have no prior history of colic surgery. Specific policy limit applies to this coverage. (Some policies may require a small charge for this extension.)
Major Medical & Surgical - By adding this endorsement to your policy, your horse will be insured for the reasonable and customary fees up to the major medical limit for covered medical and surgical procedures resulting from an accident, illness or disease. This insurance will protect you from incurring unforeseen expenses should your horse require medical attention other than routine care. A small deductible applies to each major medical or surgical claim. Subject to age limit requirements.
Major Medical & Surgical Limits:
(All limits may not be available on all policies.)
$ 5,000 Annual Limit* $ 7,500 Annual Limit* $10,000 Annual Limit *Major medical limit cannot exceed mortality sum insured.
Surgical Only - Provides coverage for surgical procedures required as a result of an injury or illness and performed under a general anesthesia at a veterinary clinic or hospital up to the surgical limit of your policy. Includes coverage for certain non surgical procedures associated with the actual surgery. Certain policies may require a small deductible. Subject to age limit requirements. Surgical Limit $ 5,000 Annual Limit
Stallion Accident, Sickness and Disease Infertility:
This insurance provides coverage should your proven stallion become permanently incapable of settling mares in foal as a result of an accident, sickness or disease occurring during the policy term. (Coverage is not available for stallions in their first breeding season.) Supplemental Application Required
Loss Of Use:
Permanent inability to perform the use of the insured animal as stated on the policy.
Not available for the following uses:
External Injury Only Loss Of Use:
This coverage provides that in the event your horse becomes permanently unable to perform its insured use as a result of a visible, external, accidental and violet means injury occurring during the policy period, you will be paid a percentage of the mortality amount of insurance under the policy. Available for horses age 12 months through 17 years.
Coverage requirements: Major Medical/Surgical for horses age 12 months through 15 years. Surgical Only for horses age 16 and 17 years
Full Loss Of Use Including Economic Destruction:
This coverage provides that in the event your horse suffers from an accident, injury, illness or disease during the policy period and as a result is permanently unable to perform its insured use, or that the cost of surgical or medical support is not economically viable, you will be paid a percentage of the mortality amount of insurance due under the policy.
Available for horses ages 2 through 12 years Coverage requirements :
ADDITIONAL INSURANCE AVAILABLE FOR YOUR BREEDING HORSE :
There are several coverages available to protect you against loss occurring when you use your horse for breeding purposes. Insurance protection can be provided for non-refundable stud fees or no live foal guarantees. Ask us for more details!
This website contains only a brief description of the actual policy to be issued. Please see the actual policy wording for a complete description of coverages, conditions, and exclusions.
(All coverages may not be available in all states or foreign countries)