What does Livestock Insurance mean? Read on to discover the definition & meaning of the term Livestock Insurance - to help you better understand the language used in insurance policies.
Livestock insurance covers against losses to animals. While these policies are usually meant for standard farm animals like horses, poultry, and cattle, they can also cover against losses to exotic and aquatic animals. These policies pay to replace livestock that dies, has to be put down, or is stolen. This can apply to losses that happen while the livestock is on-site or in transport.
We hope the you have a better understanding of the meaning of Livestock Insurance.