What livestock sale cover does the Taurus insurance initiative provide?
The insurance initiative provides at least like-for-like cover as is presently available from insurance providers. Pre-sale contracts are offered to vendors for Luck Penny Insurance. This package comprises of NBA Breeding Warranty (6 months) along with All Risks Mortality and Loss of Use Insurance (3 months). In the event of a Luck Penny insurance, the purchaser is offered the opportunity to top up to 12 months at a very competitive rate. The Luck Penny insurance also includes Transit to the sale. Breeding Warranty Insurance covers the vendor’s warranty i.e. as per the NBA warranty at sales. This is also available as a separate insurance. If chosen as an insurance, a vendor’s whole bull consignment at sale must be insured.
