CATTLE - BEEF OR DAIRY

American
Live Stock Insurance Company
underwritten
by a leader in the livestock industry.
We offer cattle coverage and will insure for full mortality.
Please call for rates.
This is mortality, all risk insurance that includes transportation and
exhibition.
Transportation, exhibition and all normal usage of the animal is included in each policy. Loss, directly or indirectly, due to animal (s) giving birth
prematurely or otherwise, shall not be included on a policy written for a period
for a Term of less than three months.
Special Herd Insurance –
Cattle
If a minimum of six head are insured the rate is FIVE
PERCENT.
No one animal may exceed the total value of others insured.
Full rate: no deductible
involved.
Important
1. Livestock mortality
insurance is written for the purpose of protecting the actual investment of the
livestock owner, not potential gain or profit.
2. A mortality policy
cannot be construed in any way as a maintenance coverage; it does not include
veterinarian or similar expenses.
3. Indemnity is payable only as a
result of death loss.
4. Mortality coverage does not indemnify an
insured against loss of an animal’s ability to perform the functions for which
it is kept.
5. Death from natural or accidental causes is included but
mandatory slaughter by governmental authority or decree, or for expediency is
not included.
6. The basis for valuing an animal should be actual sales
price or fair and conservative appraisal by competent judges when no actual
sales transaction has taken place. These values shall be subject to acceptance
by Company.
7. Mortality insurance is renewable only on evidence of
reinsurability, both as to physical condition and market value.
8.
Cancellation may only be effected by the insured, or by the Company on notice
given in conformation with whatever existing laws govern for the address of the
insured as shown on policy. Short rate basis if ordered by insured and pro rata
basis if by the Company.
9. Policies may not be transferred from one
insured to another unless agreed to through endorsement by company, nor may
cover by switched from one animal to another unless agreed to by
Company.
10. Application subject to acceptance by
Company.

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1- 800-385-2423
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