Equine Mortality

Mortality coverage insures you against financial loss in the event your horse dies as a result of natural or accidental causes while in the United States or Canada. You are also insured against loss resulting from intentional destruction of an insured animal to alleviate incurable and excessive suffering caused by an insured peril, provided the company agrees to the destruction.

Minor injuries, depreciation value, and failure to perform the duties for which it is kept are not covered. (See major medical and Loss of Use Coverages for more information)

The company is not liable for more than the amount for which the animal is insured, nor more than its actual cash value at the time it sustained the injury or contracted the disease that caused the loss, whichever is less. (Agreed Value policies are available in some instances)

The policy is effective only after the completed application and veterinary certificate (or Statement of Health if value is less than $100,000 (or as required by a specific company)) have been received and approved by the appointed underwriters. The policy is issued for one year and goes into force at the time and dates specified in the policy. Policies cancelled by the insured may incur earned premiums.

Establishment of Values

The insurable value of your horse is its purchase price and at the option of the underwriters may be increased to cover money invested in training and transportation from the point of purchase. The value can be further increased by the accumulation of race winnings, show accomplishments, and the performance of offspring. Speculative value, sentimental value, replacement cost or losses of profits are NOT a part of insurable value. Requests for increases in value must be accompanied by substantiation information. Offers to purchase, unless accepted, do not necessarily constitute an increase in value.


Livestock mortality insurance is a form of term insurance. Therefore, any horse proposed for insurance must be clinically normal and warranted in good health. A veterinary certificate (or Statement of Health) attesting to the horse’s condition must be included when the application is submitted.


The livestock mortality policy does not cover:

  • The death of an animal that is used for any purpose other than stated in the applications.
  • Death directly or indirectly caused by, happening through, or in consequence of any surgical operation unless certified to have been made necessary by an insured peril and performed by a qualified veterinary surgeon in an attempt to save the animal’s life.
  • Death directly or indirectly caused by, happening through, or in consequence of any injection, unless administered by a qualified veterinary surgeon and certified to have been of prophylactic nature or necessitated by accident, illness, or disease.
  • Death resulting from the destruction of any animal due to having contracted or been exposed to a contagious disease, whether destruction is carried out by a governmental authority or otherwise.