CHES Special Risk is adding livestock and animal mortality insurance to its portfolio in response to the growing interest in the capability of the farming and agricultural sector.
In a statement, the managing general agent said that it has not imposed limits on the size or value of a herd or flock. Coverage is also available for owners or operators of “specialized” livestock, where the herd is raised for wool or low-cholesterol meat.
The firm added that coverage is not limited to traditional livestock such as sheep, cows, and horses, but also extends to llamas, goats, alpacas, ostriches, and special-use animals, including police and guide dogs, the training costs of which can run thousands of dollars.
“We have seen a huge increase in interest in our capabilities in the livestock sector and are delighted to play our part in providing value added to the livestock and animal-related industry, which is increasingly diverse,” said Gary Hirst, president and chief executive officer of CHES Special Risk.
“We are delighted to support this primary industry, which is under intense pressure from other countries around the world and where Canadian farmers need to support and financial security in their animal rearing endeavours.”
