Your Questions

Glossary / Definitions

Asset

An item of value eg. Horse, saddle or trailer

BEVA

British Equine Veterinary Association

BVA

British Veterinary Association

Euthanasia

The deliberate ending of life in order to relieve incurable pain and suffering

Excess

The amount you have to pay in the event of a claim

Insurance benefit

A specific area of cover that offers protection against financial loss or damage, eg. for Death or Personal Accident

Market Value

The market value is the price generally paid for a horse of the same age, breed, bloodline, sex and ability

Policy Period

This is the length of your insurance contract. In the majority of horse insurance policies the policy period will be 12 months

Policy Section

As insurance benefit

Premium

This is the cost to you, for your insurance policy.

Sum

Insured Is the amount you choose to insure your horse for. It will usually be the same as the market value