Counting the cost

EQUINE insurance provides policyholders with reassurance and financial protection against mortality (death), theft, veterinary fees, loss of use and tack cover. But how sustainable is it, given ever-increasing costs of medical care?

As with any insurance policy, cover is provided by underwriters who assess the risk levels and set the premiums. The cover is then arranged by brokers who act as the intermediary between the policyholders and underwriters. Equine insurance is designed to provide cover for normal risks; in cases where an increased risk may be present, exclusions may be applied to reflect this.

Unfortunately, there are many misconceptions about equine insurance. Horse owners may