Accident, Sickness or Disease

Coverage

Loss of Use coverage is available only as an addition to the Full Mortality policy and  Major Medical endorsement. 

If during the policy the horse shall become totally and permanently unfit to perform the first use specified in the policy due to accident, injury, illness or disease, and destruction for humane reasons is not required, you may elect to make a claim (subject to policy exclusions). In the event of claim payment, the company does have the option of claiming the horse.  Upon claim settlement, all coverage on the animal ceases and the premium is considered “fully earned” (non-refundable).

Rates and Premium

Rates:                            Returns:           (Rates and returns vary by company.)

2.5% - 3.25%               50%-60%

External Injury or Accidental Loss of Use

Radiographs are not required to obtain this coverage.  Contact an agent to determine if a vet exam is necessary.  The age limit for coverage is 2-12 years.  Eligibility for coverage is on a submission basis and must be approved by the company before coverage is effective.