Cattle Insurance
What is Cattle Insurance?
Cattle Insurance provides financial protection to livestock owners against the loss of their cattle due to death, disease, accident, or natural calamities. This policy helps safeguard the livelihoods of farmers and dairy owners by compensating for the loss of valuable livestock assets.
Insurance Coverage
The policy shall give indemnity for death due to.
- Accident (Inclusive of fire, lightning, flood, inundation, storm, hurricane, earthquake, cyclone, tornado, tempest and famine).
- Diseases contracted or occurring during the period of this policy.
- Surgical Operations.
- Riot and Strike.
Claim Procedure
In the event of death of an animal, immediate intimation should be sent to the Insurers and the following requirements should be furnished:
- Duly completed claim form.
- Death Certificate obtained from qualified Veterinarian on Company’s form.
- Postmortem examination report if required by the Company.
- Ear Tag applied to the animal should be surrendered. The condition of’ No Tag- No claim’ will be applied if the tag is not surrendered..
Insurance Coverage
The Policy can also be extended to cover PTD on payment of extra premium
- Permanent Total Disability which, in the case of Milch Cattle result in permanent and total incapacity to conceive or yield milk.
- PTD which in the case of Stud Bulls results in permanent and total incapacity for breeding purpose.
- In case of Bullocks, Calves / Heifers and Castrated male buffaloes results in permanent and total incapacity for the purpose of use mentioned in the proposal form.
Claim Procedure For PTD Claim
- A certificate from the qualified Veterinarian to be obtained.
- The animal will be inspected by the company’s Veterinary Officer also.
- Complete chart of treatment, medicines used, receipts, etc., should be submitted.
- Admissibility of claim will be considered after two months of Veterinary Doctor / Company Doctor’s report.
- The indemnity is limited to 75% of Sum Insured.
Documents Required
- Proposal Form
- Veterinary Health Certificate from a qualified Veterinarian giving the age, identification marks, health, and market value of the animal in the prescribed format.
Identification of Animal
- All insured animals should be suitably identified by natural Identification marks and color should be clearly noted in the proposal form and Veterinarian’s Report.
- Ear tags made of suitable material are applied to the ear of the animals and the code number is entered into the Veterinary Health Certificate.
- Photographs of animals may be insisted in case of high value animal.
