1. Why Insure?
This is a common question! The decision is whether you can afford the loss. If the most unfortunate situation occurred, and your horse had to be destroyed - Could you afford to replace him? If the answer is NO then you should consider completing our online application.
2. What is the difference between agreed and market value?
Our Equestrian and sport horse policies are issued on an agreed value. This means that in the event of a claim you will receive the full sum insured as settlement of a claim as shown on your schedule or as agreed during the period of insurance if you have requested a change in sum insured.
Our Thoroughbred and Standardbred policies are issued on a market value basis. This means in the event of a claim if the animal is grossly over insured you will only receive the market value of the horse. However, we may require you to provide a justification of value either prior to or at the time of loss. This scenario is very rare as our clients insure at realistic values.
3. What is a major veterinary fee cost?
The veterinary fee cover is included within the policy at no additional cost. The cover will pay for veterinary fees for an illness or injury that exceed the excess and up to a maximum amount of 50% of the Sum Insured or $10,000 which ever is the lesser and in the total of that amount in any one period of insurance.
4. What is an excess?
The excess is the part of the claim that you pay for yourself. Our policies do not have an excess for mortality claim but for Major veterinary Costs cover we have an excess of $1,000 or 10% of sum insured up to a maximum of $2,000 which ever is the greater each and every loss.
5. What is permanent loss of use
This extension protects you if your horse becomes permanently incapable of performing the tasks for which it is insured.
6. When do we have to tell you if our horse is sick or injured?
It is very important that you advise us immediately of any lameness, injury, illness or disease and then if we feel it is necessary we can instruct a veterinary surgeon to act on Underwriters behalf - see condition 6c of the policy wording. If no advice is received by us then it can detrimentally effect the extension clause of the policy.
Should you have any further queries please contact us on:
0800 378 467
or by completing our
online form