Searchlight Solutions

Livestock Insurance

Summary

This livestock insurance training workshop introduces the principles and practices of Livestock Insurance. It provides an explanation of the risks involved and an analysis of the cover available.

Our livestock insurance training workshop will be valuable to brokers, insurers and claim handlers with a basic grounding in insurance principles and practice, but are fairly new to this class of business.

Course Content

  • Definition of Livestock
    • Types of animals and their uses: meat, milk/eggs, hides, draught, showing/racing
    • Cows, sheep, goats, deer, pigs, poultry
    • Other animals: exotic animals, zoo animals, aquatics
  • Risks involved in the livestock industry
    • Farming
    • Breeding
    • Transport
    • Shows/racing
  • Sickness Risks
    • Hereditary and other diseases of different types of animals
  • An analysis of cover available
    • Mortality – accident, sickness, disease
    • Fire, flood, storm
    • Theft
    • Government slaughter requirements
    • Economic slaughter
    • Death following mechanical breakdown or power failure
    • Death following removal of antlers/velvet (deer)
    • Infertility
    • Prospective calf (cows)
    • Semen and embryos
    • Loss of use
  • Loss of income
  • Loss of milk/eggs
  • Events and shows
  • Transit
    • Air, sea, road, rail
    • Farms to sale/slaughter/shows
    • Quarantine
    • Prohibition of export/import
    • Movement restrictions
    • Shipping agents annual policies
  • Public Liability/Employers liability
  • Insurance documentation and procedures
    • Proposal forms
    • Policies
    • Claims
  • Optional programme content
  • If client requests, the flowing aspects of farming can also be addressed
    • Bloodstock (horses)
    • Farms
    • Crops
    • Hail

Learning Objectives

  • Understand nature of the risks involved
  • Outline the cover, exclusions and restrictions available
  • Describe the factors insurers consider in the assessment and pricing of risks.

Ready to book?

Simply complete the booking form with your details and a member of our team will be in touch with the next available dates. 

Any questions?  

If you’re not quite sure if this course is suitable or are looking for further information, call our team on 0117 244 7221.