Protecting your investments When is livestock insurance good for your program
by Karla Blackstock If you raise goats, you know they can be challenging at times. There always seems to be another parasite or illness looming around the corner. Part of this is simply because the goat industry is much smaller than other livestock industries and the dollars spent on research has not been invested. This can be frustrating, at best, when you have valuable animals or animals that have become more like pets than livestock. But just like other industries, you can take steps to help insure that your animal’s death is not a complete loss. Livestock mortality insurance may be just the answer you are looking for. And while some animal mortality insurance polities will insure the full face-value of the animals, many high-value animals and breeding stock may be covered up to a certain dollar amount of percentage.
26 - The Boer Goat
Joann Jones with Lipsey-Currie Insurance Associates,Inc. in San Angelo, Texas, said, “Some breeding animals can run upwards of $10,000-$12,000 and insurance companies just won’t insure the full value.” However, she said, if your loss is after a hefty veterinary bill or other expense, it can help offset some of your out-ofpocket expenses. Jones said that mortality insurance doesn’t cover injuries, but it does include putting animals down for humane reasons. “Any time an animal has to be put down, your mortality insurance will cover it,” Jones said. pplying for livestock mortality insurance is like applying for most other insurances. Basic questions regarding the animal’s health will need to be asked. For Hartford insurance,
