Animal insurance: Reliable protection for Your agricultural production
In agricultural production, livestock plays a key role, but it's also associated with high risks. The death or disappearance of animals due to unforeseen circumstances can cause significant financial losses for an enterprise. PRESTIGE Company offers to find the optimal animal insurance policy for animals used in agricultural production, helping you avoid significant financial costs in the future.
Advantages of insuring with PRESTIGE Company
By choosing us, you get:
- Reliable insurance protection for your property interests.
- Fast policy issuance that doesn't require an animal inspection by an insurance expert, saving you time and effort.
What Is insured?
We are ready to insure the following agricultural animals against fire, natural disasters, and unlawful actions of third parties:
- Cattle
- Horses
- Pigs
- Sheep
- Goats
- Donkeys
- Mules
- Camels, etc.
Who can be the policyholder?
Policyholders can be legal entities, particularly producers of commercial agricultural products, regardless of their form of ownership and management. This includes:
- Agricultural enterprises and farms.
- Educational and experimental production facilities.
- Factories.
- Cooperatives.
- Farmer and peasant households, etc.
It's important that the policyholder is located in Ukraine.
What constitutes an insured event?
An insured event is the death or disappearance of an animal as a result of:
- Fire.
- Natural disaster (e.g., flood, storm, hail, earthquake).
- Unlawful actions of third parties (e.g., theft or deliberate destruction).
Insurance sum and deductible
- What is the insurance sum? The insurance sum is determined by agreement of the parties, but does not exceed the book value of the animal (group of animals) as of the last reporting date or the market value of one animal/certain group of animals with similar quality indicators.
- Is a deductible provided for in the contract? The deductible is set by agreement of the parties.
Cost of insurance and contract term
- How much does the insurance contract cost? The insurance tariff ranges from 0.1% to 5.0% of the insurance sum.
- For what term can the insurance contract be concluded? The contract can be concluded for a term from 1 month to 1 year.
Contract territory and claim determination
- Territory of the contract? The contract is valid on the territory of Ukraine (the specific insurance location is indicated in the insurance contract).
- How is the amount of insurance compensation determined? The amount of insurance compensation is determined based on the actual damage incurred.
Ensure reliable protection for your agricultural animals and the stability of your business. Contact PRESTIGE Company today to learn more and conclude an animal insurance contract!