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