A number of terrible things have happened to horses I have
known or worked with. Blaze escaped from her paddock and
wandered onto the road, where she was hit by a truck coming
over the hill suddenly and was killed. Sultan caught himself
on a piece of barbed wire that cut him from fetlock to withers.
April suddenly dropped dead.
All of these situations led to heartache and a lot of expense.
While no amount of money can really ease the pain if a beloved
horse dies or suffers injury, horse insurance can do something
to ease your financial loss. Of course, prevention is better
than compensation. Good attention to fencing would have saved
Sultan from a painful injury and saved Blaze's life.
Checking a field used for grazing to ensure that no poisonous
plants are growing there is also very important. While horse
insurance can offer you a lot of peace of mind, it is no
substitute for taking commonsense precautions. That being
said, horses are natural jumpers and we all know that accidents
happen in life. Illness and injury are common tragedies.
Horse insurance, as the name suggests, is a form of insurance
policy that makes sure that you will receive some compensation
should a tragedy - or other unwanted occurrence - happen to
your horse, whether the horse was bought for business or
pleasure. But not all horse insurance policies are the same.
Cover in the case of death is the most common form of horse
insurance, but other policies are available.
Possible policies can cover major veterinary bills in the case
of serious injury, as happened to Sultan; loss of use, where a
percentage is paid if a horse is permanently prevented from
working the way you intended it to (e.g. a showjumper or
racehorse); surgery (e.g. for colic), or breeding infertility
to cover broodmares and/or stud stallions for reproductive
failure. Other policies can give you cover in the case of
lightning, fire, theft, etc.
It is very important to talk through all aspects of horse
insurance with your insurance broker before signing a policy.
You will want to know what the fine print covers before the
stress of an emergency situation. Make sure you make a list of
any questions you want to ask your agent and be prepared to
define your needs exactly.
Ask your agent to explain any parts of the policy that you do
not understand, and any difficult words. Insurance agencies may
often require certification or other action from a veterinary
surgeon for a claim to be validated. You will also need to
know what action is required from you in order to make and/or
validate your claim. It is also important to find out how to
ensure your claim is valid if your horse, for some unfortunate
reason, needs to be "put down" or euthanased.
As with all forms of insurance, it is important to shop around
and find the horse insurance policy that works best for you and
gives you the cover that you need.
About The Author: For more information on horses, try visiting
http://www.interest
in providing horse related tips, advice and resources
including information on horse insurance.
Please use the HTML version of this article at:
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Monday, June 25, 2007
Do You Understand The Importance Of Horse Insurance?
Don't Just Renew - Review Your Insurance!
If one of your insurance policies is coming up to renewal – for
example, your household, motor, pet or annual travel insurance
policy – don't automatically accept that your current insurer
is offering you the best deal there is.
Most insurers know that when it comes to renewal time, around
70% of their customers will accept the quote, without even
seeing if they could get it cheaper elsewhere. This could be
because the customers feel don't have the time or the
inclination to bother or genuinely believe they are being
offered the best deal there is.
However, this complacency could cost the consumer tens – even
hundreds – of pounds every year. Insurers are running a
business after all and most will not reward their customers
with cheaper premiums for loyally sticking by them.
By shopping around – either by going online or by using an
independent broker - you could save yourself a hefty wad of
cash and it doesn't have to be a time consuming exercise.
And while the average consumer is probably sick of being told
that "you must shop around" even the Financial Services
Authority (FSA - which is the independent regulator set up by
Government to look after the financial services industry and
protect consumers – advocate it!
Do note however that when looking for a cheaper deal, whilst
price is important, you should never, ever compromise on cover.
No doubt, there will always be an attractive home or motor
insurance deal available, but the cover may not be adequate for
your needs. The sum insured may not be enough or the policy may
not have the same features and benefits.
Therefore, always compare any new quote on a like for like
basis with your existing cover and not forgetting to look at
the small print and any exclusions.
It doesn't take long to get alternative quotes and in most
cases, you'll be quids in!
About The Author: David Thomson is Chief Executive of
BestDealInsurance (http://www.bestdeal
independent specialist broker dedicated to providing their
clients with the best deal on their home, motor and life
insurance.
Please use the HTML version of this article at:
http://www.isnare.
Do I Really Need Life Insurance?
Deciding whether or not you need to insure your life can be
tricky. For many people they consider it just another outlay
that they could do without. But is it something you should
seriously consider taking out? If you have a family who are
dependant on you then life insurance is something which you
should certainly consider taking. Having life insurance doesn't
just mean the funeral expenses would be covered in the event of
your death, it is much more.
Life insurance is all about giving those that are left behind
financial help. For example, if you are the main wage earner
then consider what would happen to your family and how they
would cope if they were left with bills to pay.
If you have a mortgage then the mortgage payments alone would
be a nightmare to find, not to mention other bills, such as
putting the kids through college as well as looking after their
well being. Even if your children are grown up then consider
what would happen to your partner and the home.
Benefits from life insurance can also help to pay off any other
debts which might be owing and which otherwise might have to be
found from assets that you have left to family members, so it
is worthwhile considering taking out a policy.
Buying life insurance doesn't have to be a complicated matter.
Simply determine how much cover you would be likely to need
before searching online for the best deal. Factors you should
take into account when deciding how much life insurance you
need to take include how much is left on your mortgage; how
much money your partner and the household would lose through
loss of your earnings; how much it would take to bring up the
children in your family; and how much would such things as
childcare cost if your partner had to return to work.
Once this has been determined then it's simply a matter of
finding the right cover. It is important that you choose the
right type and amount of cover for your policy and a specialist
broker will be able to help.
About The Author: David Thomson is Chief Executive of
BestDealInsurance (http://www.bestdeal
independent specialist broker dedicated to providing their
clients with the best deal on their home, motor and life
insurance.
Please use the HTML version of this article at:
http://www.isnare.
