This product offers you a comprehensive cover for all livestock types against untimely death. The death risk covered could be caused by fire and related Perils, birth complications, accidents, epidemics like uncontrollable diseases, emergency slaughter due to livestock medical defects et cetera.
This cover is open to livestock types like Dairy, Beef, Sheep, Goat, Rabbits, Poultry, Pigs, and Fish. The cover is specific to various livestock types with varying premium rates, waiting periods and cover limits depending on livestock population, rearing methodology, and previous experience of the prospective policy holder.
The standard premium rate is 4% but subject to both downward and upward adjustment based on the risk exposure. The proposer has to fill in a Proposal Form, Submit a Veterinary Certificate, and ensure that their livestock are tagged.
In the Event of a loss, the insured should notify Waumini Insurance Brokers within 24 hours, issue photos of unaltered carcass alongside obtaining a Post Mortem report from a registered veterinary officer within two weeks of the loss.