| T O P I C R E V I E W |
| nissibay |
Posted - 29 Sep 2009 : 5:39:11 PM
Hello, i was just wondering how much per month are people paying for insurance for their foals?? and maybe a recommened company??
be greatful for feedback |
| 19 L A T E S T R E P L I E S (Newest First) |
| loulou |
Posted - 02 Oct 2009 : 3:55:36 PM
Hi Jaj
Cinders is absolutely right - you are not covered for costs for normal delivery but as soon as that goes over the boundary line (i.e. the need for veternary assistance due to complications) then you should be covered. Mine are all with Petplan and unfortunately due to a difficult presentation my mare got into difficulties and the vet bill came to nearly £5k - petplan was wonderful and prompt with payment and never questioned anything. They knew I had lost my foal and were extremely sympathetic about it.
Good luck
Traceyx |
| jaj |
Posted - 02 Oct 2009 : 2:29:52 PM
Cinders that is really interesting as I'd just assumed they wouldn't pay out! Be typical if I have left it too late to claim now, off to make a phone call ~ thank you! |
| Tomos |
Posted - 02 Oct 2009 : 12:53:02 PM
Hi, we've been insuring with the NFU for over 20 years and find them excellent. As we also have a number of horses we are selective about who we cover and go on the basis of who's most likely to damage themselves ! So any foals are insured from 30 days, youngsters and the stallions. Four of our 8 horses are over 20 now and the cover is not particurly good so they are not insured.
I have been very glad of our insurance cover twice in the last 2 years, having not claimed anything in the previous 10 years, both youngsters, both silly accidents in a very safe field !
I certainly could not have afforded all the add ons that I was able to get through the insurance and didn't have to worry about pulling all the stops out to ensure they both made a complete recovery.
I know some people who say they save the money they would have spent on insurance in case they have a problem, but I'm just not that discplined and would find it difficult to find a couple of thousand pounds if anything went wrong.
Herts Babeuk, I have never had any problems insuring our foals for well over £1000, maybe its your branch ?
Mandy |
| CINDERS |
Posted - 02 Oct 2009 : 12:10:05 PM
Jaj
Your mares insurance should have covered that - most do not cover normal foaling but will pay out for a dystocal deliver
Yvonne |
| jaj |
Posted - 01 Oct 2009 : 7:58:06 PM
Gosh I wish I had know that as ended up with a vets bill of almost £1000 when my foal was born. He arrived at midnight but wouldn't suckle and K retained the placenta. Vet there half the night and then daily visits for a week with plasma transfusion etc, would have been well worth a small premium to have been covered for that  ! Oh well they are both ok now and I'm paying the bill off at £100 per month so could be worse  . |
| herts_babeuk |
Posted - 01 Oct 2009 : 4:28:07 PM
NFU do actually offer insurance to over the foal before its born which also covers the first 30 days of its birth - this is a little extra to pay but it worth it should you have any problems in that first month. after that you can get normal insurance to over it after 30 days but they will only insurance it for £1,000 unless you can provide proof that it is worth more than that (its a real nightmare with the underwriters demands as i am trying to increase my Tobago colt from £1,000 to £1,500) |
| Di Ellis |
Posted - 01 Oct 2009 : 11:29:34 AM
Like Babs I cannot afford to insure all my horses any more and have had to take the risk for some time now. I have cut back a bit and only have 8 horses and one foal but had as many as 20 at one time. The cost of insurance (even with NFU) has risen fourfold since I left Hampshire. Also my mares are in their late teens and although I lost one mare in a freak accident - these things happen. Just take as much care as possible with my babies and broodmares - although the vet's bill does creep up sometimes to around £1,000.
This year's filly foal was expensive because of the problems after the red bag foaling - but she is alive and worth it. Basically she was weak and her skin was paper thin and she got a lot of bad bed sores which did have to have veterinary treatment. But she is normal now. I don't think any insurance would have covered that anyway - probably would not be covered by any insurance on the mare - and the foal too young to insure so it seems.
Interesting subject. |
| jaj |
Posted - 30 Sep 2009 : 10:57:19 PM
Babs, makes total sense when you have a stud. I don't know of any breeders, livery yards, riding schools etc that would insure their horses individually ~ just doesn't make sense financially.
I only have the one mare and foal so obviously a bit more affordable. |
| Kharidian |
Posted - 30 Sep 2009 : 10:47:16 PM
Loulou,
NFU will insure a weanling. In fact, NFU have insured Chips from 3 months old i.e. when I paid the deposit, although obviously unweaned and still living with his breeder! I got cover over the phone, the assistant was obviously reading from a prepared list of questions as I was asked if the horse had been vetted in the past year.....err, no!
Caryn |
| Emma B |
Posted - 30 Sep 2009 : 9:33:29 PM
mine was insured with seib they were fine and he has been with them since we got him |
| BabsR |
Posted - 30 Sep 2009 : 1:16:11 PM
Have to say.....none of ours are insured and never have been  OH`s pleasure/Riding horse is insured 3rd Party and if we take one to show, again covered by third party (public liability)
Years ago we used to take resting racehorses at livery... Our Client said he never insures his horses...as the premiums were so high, it was cheaper not to insure...and take the risk of losing a horse.
Our reasons for not insuring were totally different, we simply could not afford to insure all, so therefore do not insure any. Foolhardy
perhaps....but....in almost forty years of breeding, we have lost one foaling mare, (no foals lost) very sadly, a 3yr old to grass sickness and a fifteen year old brood mare, who simply dropped dead in the field. We may yet live to regret not insuring, but that is a chance we are prepared to take. Just imagine how much we would have paid out in insurance for average 10/12 horses plus, in all those years!!
Can certainly confirm NFU are the best Insurers to do with Equines.
as OH transports horses and also sick horses to Vet Hospitals and NFU pay up to £600 transport costs....and pay out very promptly!! (but only pay transport costs, if Transporter is a licenced operator)
which OH is
Have to add....we look after all our own horses and paying guests, personally, and have never employed Grooms etc., We are extremely aware of the dangers, particularly with foals and youngstock and do all in our power, to ensure their safety and wellbeing. Perhaps we have been lucky.
Babs
www.SunrayAngloArabianStud.co.uk
Most of the Insurance Companies, now have `loss adjusters` and methinks these guys are employed to find a loophole, so the Insurance Company can get out of paying claims...or stretching them out forever
in the hope the claimant gives up!!
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| loulou |
Posted - 30 Sep 2009 : 12:34:45 PM
Thats excellent guys!
Will phone NFU and get a quote - i don't think i'd be able to sleep at night if she wasn't insured when we wean her(like you all know vets bills can be £10000's) and mine all seem to be accident-prone
Traceyx |
| jaj |
Posted - 30 Sep 2009 : 11:48:58 AM
Loulou I didn't need a vetting for my foal, just had to get the vet to let them know that he was ok as he had to ahve a plasma transfusion in first week of his life. Fully insured now wiht NFU. |
| Treasure |
Posted - 30 Sep 2009 : 09:05:00 AM
Mine are with NFU too. Yes they insured my three year old when I first got her as a weanling. They have just insured my new filly foal seperately from her mum and the value they put on her was the stud fee until she matures a bit. The additional premium is about £70. This covers vets' bills, death, theft, third party, personal accident etc. Insurance is expensive but you know you are covered even for the smaller incidents as well as the £x millions third party. NFU are always very knowledgeable and helpful and pay quite quickly.
They haven't needed vetting under a certain value (£several,000 which I can't remember) which is great for youngsters who haven't done anything. |
| loulou |
Posted - 30 Sep 2009 : 07:15:57 AM
Hi guys
Would you know whether NFU would insure a weanling? As I phoned Petplan who all mine are insured with and they will happily insure her but I would need a 2 stage vetting!!!!! if under a year old. Well as I have known the foal from birth I really don't think that is necessary and I wouldn't want to put her under any undue stress etc so would be interested to know any insurance companies that would insure the foal alone without the mum.
Cheers all.
Traceyx |
| Arabian Girl |
Posted - 29 Sep 2009 : 11:16:41 PM
Well i would have asked my sister , she works for NFU in Skem.....but shes in bed asleep, but i will ask her tomorrow.... |
| jaj |
Posted - 29 Sep 2009 : 11:00:18 PM
Added to that, you can't insure the foal until he/she is 30 days old. |
| Kharidian |
Posted - 29 Sep 2009 : 10:53:50 PM
I'd recommend NFU. As with most (all)? companies, a horse is insured for accidents/injury only for the first two weeks, then full cover, so beware - the foal won't be covered for castration if it is carried out in the first 14 days of the policy!
Chips will be covered for castration but NFU has asked to know the date two weeks before (so they can run it past the underwriters).
As for the cost - well, as I've got Kharidian (Roger), Chips, my trailer, tack, driving harness and carriage all under the same policy, I don't actually know!
Hope this helps,
Caryn |
| jaj |
Posted - 29 Sep 2009 : 8:36:18 PM
My 4 month old foal is insured along with his mother for £68 per month with the NFU. He makes up exactly half of that amount and is covered for £5000 vet fees. The NFU are very good, helpful and seem to pay out when required.
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