What it does
FP 00 40 insures "livestock" of classes shown in the declarations, either with a limit per animal or a limit per class with a per-animal sublimit, against named causes of loss: fire or lightning, windstorm or hail, explosion, riot or civil commotion, aircraft, smoke, theft, sinkhole collapse, volcanic action, collision causing death of covered livestock, vandalism, earthquake and flood. Additional coverages include property removed for safekeeping, debris removal and fire department service charge.
Who needs it
Livestock operations that prefer a standalone livestock form to the Coverage E livestock provisions of FP 00 13.
Key provisions
- Not covered while with a common or contract carrier, at public stockyards, sales barns or sales yards, or at packing plants or slaughterhouses.
- Windstorm excludes loss from animals running into ponds or fences, fright, and freezing or smothering in blizzards.
- Earth movement is excluded, but earthquake loss to livestock is covered.
- FP 10 04 adds perils such as accidental shooting, drowning, electrocution, attack by dogs or wild animals and loading or unloading accidents.
Quoting and selling notes
Disease and natural death are not covered; mortality insurance is a separate market. Ask for head counts and values by class, transport practices (carrier custody is excluded), and whether animals go to shows or sales. FP 04 39 broadens the livestock definition to additional species.
