Death of the animal to all risk, except exclusions. - Deductibles: 4% annually applicable over the insured sum with minimum of one animal when the herd has less than 25 animals. Besides, you have the option to choose a deductible of 3% or 2% applicable over the insured sum, submitting historical mortality information of the herd.
- Waiting Period: In the first annuity the policy has for this coverage a waiting period of 3 months due to death of animals by epidemic exclusively. Totality of animals must be insured (heifers for calving, dry cows and milking cows, up to the 5° birth).
Additional options- Transport of live cattle: It covers the transport of cattle, whether it is terrestrial, fluvial, lacustrine or aerial transport, including load and unload, within the territory of the country.
- Surgical procedures: It covers the risk of death as a result of special surgical practices as long as it does not tend to preserve the life of the animal. The surgery aimed to preserve the life of the animal is covered in the basic coverage option.
- Loss of benefits as a consequence of the animal death: It covers the loss of benefits the insurer suffers at the milking production, as a consequence of the animal death, according to the risks covered in the basic coverage option.
In case of incident, the compensation to be granted by the Insurance Company will be determined in the following way:
Dairy CowsDeath animals by liter of milk/cow/day (annual average) x $/litter of milk (annual average) x 60 days.
Compensation for loss of benefits applies only to animals compensated for death, that is to say once the waiting period and deductible of 4% over the Insured Sum are surpassed.
For this additional coverage option there is a deductible on the Insured part, equivalent to the 10% of the compensation that corresponds for each occurred event.
- Surgical practices without the insurer knowledge, except in case of force majeure (for example: caesareans).
There shall be no compensation when death is due to: - Epizootic disease or diseases for which the Claimant has the right of being compensated with public resources, even when such right might be lost due to rules violation of sanitary inspection.
- Sadness disease (bovine anaplasmosis), or having being under tests or trials for immunization against such disease; tests or trials for immunization against any other disease, carried out with vaccines not approved by the relevant authority, or which have being supplied in doses or ways not prescribed by the participant veterinarian.
- Mastitis.
- Covered diseases but which have being acquired by contagion of other non-covered animals.
- Animal not receiving care or attention from the Claimant or their dependent staff;
- Revenge of the dependent staff of Claimant.
- Lack of water.
- Poisoning due to drinking unfit water and/or eating non-fodder species.
- Unfulfillment of agreed action in Health Plan.
- Lack of availability of vaccines in the market as well as the inability of carrying out vaccine tasks.
- Acidosis and other non-covered eating disorders.
- Floods and its consequences.
- High and low temperatures that affect animals with nutritional deficiencies.
- Surgical practices.
- Robbery, its attempt and/or theft.
It also are excluded claims for:- Profit or potential benefit;
- Lost profit;
- Commercial risks, price risks or sale inability;
- Civil Liability over animals to be covered;
- Economic losses due to pregnancy, abortions or miscarriage and their consequences.
- Excluded from this coverage are calves born during the effect thereof, as well as unborn; for example: giving birth death animals. Lack of attention on part of the proprietary or veterinarian.
The incident shall be report within 24 hours of occurring at
0800-444-7264 option 1, even if it is not a covered risk, for animals to be inspected by the veterinarian of the insurance company. This professional will contact the insured so as to agree on the inspection and request the necessary additional information.
Animals will not be available for the insured if not until they are inspected and verified.
Burdens and Obligations of the Insured:- Generic:
- Provide the animal the highest care and attention with regard to any risk, isolate it from sick animals, try to keep it healthy and fulfill health regulations related to vaccination.
- Allow, at any time, the inspection of the animal by the veterinarian appointed by the Insurer.
- Keep pens or other places where the animal is accommodated in good shape.
- Not hiring other insurance for the same risks without the consent of Insurer. Consent shall be agreed on if Insurer does not deny it within 5 (five) days after receiving the request.
- Specific. In case of disease, traumatic injuries or death:
- Immediately request the services of a veterinarian, or where there is not one, of a doctor and provide the animal all the necessary care for its recovery, even when it could not fulfill the service or work bound to do.
- Notify the Insurer within 24 (twenty four) hours of the occurrence of the event, even if it is not a covered risk, and submit, without delay, the report of the intervening veterinarian or doctor. 2014 – 2015 Dairy Cows
- Without prejudice of complying with current health provisions and admit autopsy requested by the Insurer veterinarian, the Insured shall keep the carcass without removing it until they get the authorization of the Insurer, who shall granted within 48 (forty eight) hours after receiving notification.
- In any case, submit evidence of identity and property of the animal.
- Modify treatment prescribed by your veterinarian, if such is the request of the Insurer.
BenefitsIt is the only "all risk" coverage for death of animals and loss of yield, until when the production of insured recovers levels it had before the incident.
Costs of premium (Illustrative) - Fee to be applied for basic coverage option:
- 1.43% over the Insured sum applying a deductible of 4%. (1.89% + VAT).
- 1.59% over the Insured sum applying a deductible of 3%. (2.12% + VAT).
- 1.76% over the Insured sum applying a deductible of 2%. (2.34% + VAT).
- Fee to be applied for additional coverage options:
- Transport of live cattle - 20% over Fee of Basic Coverage Option.
- Surgical procedures - 20% over Fee of Basic Coverage Option.
- Insurance of Loss of benefits in dairy exploitations.
- Fee to be applied - 0.55% over the Insured sum. (0.73% + VAT).
Means of Payment - Cash: Discounts of 7% over premium.
- In 5 installments: monthly and consecutive payments (paying with checks).