Cattle Insurance
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The scheme covers the following animals, whether indigenous, exotic or cross-bred.
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Animals within a specified age group are accepted under the Standard Insurance Scheme.
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Sum insured under the policy will be the market value of the animal.
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Indemnity under the policy will be the sum insured or market value prior to illness whichever is less. The indemnity is limited to 75% of sum insured in case of a PTD claim.
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The basic premium rate per annum is 4% of the sum insured. Long term policies are also issued with long term discounts.
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The premium rates under the policy are concessional for covering animals under government subsidized schemes.
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Group discounts are also available.
Insurance Coverage
Documents to Effect Insurance Coverage
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Proposal form
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Veterinary health certificate from a qualified veterinarian giving the age, identification marks, health, and market value of the animal in the prescribed format.
Identification of Animal
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All insured animals should be suitably identified by natural identification marks and color should be clearly noted in the proposal form and Veterinarian's Report.
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Ear tags made of suitable material are applied to the ear of the animals and the code number is entered into the Veterinary Health Certificate.
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Photographs of animals may be insisted in case of high value animal.
Claim Procedure
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In the event of death of an animal, immediate intimation should be sent to the insurers and the following requirements should be furnished:
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Duly completed claim form.
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Death certificate obtained from qualified Veterinarian on Company's form.
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Postmortem examination report if required by the Company.
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Ear tag applied to the animal should be surrendered. The condition of 'No Tag- No claim' will be applied if the tag is not surrendered.
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Claim procedure for PTD claim
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A certificate from the qualified veterinarian to be obtained.
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The animal will be inspected by the company's Veterinary Officer also.
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Complete chart of treatment, medicines used, receipts, etc. should be submitted.
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Admissibility of claim will be considered after two months of Veterinary Doctor / Company Doctor's report.
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The indemnity is limited to 75% of sum insured.
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Last modified: Tuesday, 24 April 2012, 11:15 AM