Policy Summary
Livestock insurance provides cover against the risk of death, theft or sickness of animals as a result of an insured peril. Cover is also provided in respect of emergency slaughter on health grounds or on advice of a qualified veterinary doctor. Cover may be extended to cover additional epidemics such as fire, lightening, flood, etc.
Main features
Cover may be arranged on:
1..Multi-peril basis covering death or loss of livestock due to:
- Accidental death – lightening, injury, flooding, snake bite, feed poisoning, etc.
- Diseases of a terminal nature
- Emergency slaughter
- Theft by use of force
- Calving complications
- Epidemics
- Transit risks to exhibitions
2. Index based livestock insurance covering loss or death of livestock due to drought.
This product is tailored for the arid and semi-arid regions
Livestock Cover Requirements
- Proposal Form
- Medical Report prepared by a qualified veterinary doctor indicating market value of livestock
- Identification for cattle (tagging/branding)
- Premium payment
Livestock covered
All breeds of dairy and dairy cattle of economic value
Basis of valuation
Coverage is based on the veterinary valuation price which is agreed prior to going on cover.
Eligibility
- Submit duly completed application form
- Premium payment
- Current veterinary and valuation report from local livestock officer
- Identification tags, tracking device or tattoo for all insured livestock
- Cattle below 10 years of age
- Filled proposal form
What Is Not Covered
- Wilful misconduct and or intentional destruction without insurer’s consent (except on humane grounds with the consent of a qualified veterinary practitioner)
- Feed poisoning or poisoning through spray
- Prior accidents or diseases (existing before going on cover)
- Mysterious disappearances or unaccountable losses
- Losses occurring while on culling
- Theft in areas prone to cattle rustling and banditry
- Livestock on exhibitions and shows (unless specifically extended on request)
- Famine and malnutrition
- Medical treatment by unqualified practitioner
- Impotence and infertility
- Congenital defects (defects the animal is born with
- Inadequate milk yield
- Treatment and vaccination costs
- Maternity related losses
- Livestock above 10 year of age
- Cost of emergency e.g. fire brigade and police costs
- Losses resulting from nuclear or radioactive contamination, war, terrorism and political risks
- Policy excess
