What Does Livestock Coverage Form Mean?

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What does Livestock Coverage Form mean? Read on to discover the definition & meaning of the term Livestock Coverage Form - to help you better understand the language used in insurance policies.

Livestock Coverage Form

Livestock Coverage Form

An inland marine policy that pays for a covered loss or damages to "livestock" on a named perils basis. "Livestock" is defined as cattle, sheep, swine, goats, horses, mules, and donkeys, and a "loss" is defined as the death or destruction of the livestock. This form, available on a stand-alone basis, is a good option for a tenant farmer who has no agricultural real property such as farm houses and barns.

We hope the you have a better understanding of the meaning of Livestock Coverage Form.

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