Transforming Livestock insurance from physical to digital.
What is a Livestock Insurance Policy?
Life stock insurance plan offering coverage for financial damages brought on by the loss of or damage to one's livestock. In general, thefts, accidents, and other calamities are covered by livestock insurance. Normal exclusions include confiscations, quarantines, and criminal activities. One must pay a premium to obtain coverage, as is the case with all insurance.
Scope and Coverages of Livestock Insurance
Livestock fatalities: This category comprises unintentional deaths (due to an accident or other harm), disease, and surgical infections.
Theft Lost refers to the possibility of cattle being stolen or lost.
How to buy Livestock Insurance online with Quickinsure?
Quickinsure makes it easy and hassle-free to purchase livestock insurance coverage online.
Step 1: Use our RTI technology to enter the Livestock location using the Quickinsure mobile app or website. It needs some fundamental information, like the time and date, snapshots, a live inspection photo, a live inspection video, the health status of the cattle, their identification, and their market value.
Step 2: -Compare the finest livestock insurance prices offered by the leading insurance providers in India. Based on the information you provided. With the greatest insurance providers in India, you may select the best livestock insurance policies.
Step 3: - Make a payment of the premium for livestock insurance online. The insurance company will then send you the policy right away in the mail.
Claim Process or Enrolment Livestock?
Frequently Asked Question
What's the eligibility criteria of Livestock insurance?
-"Livestock Security-Livestock Insurance" covers people who have:
1) Dairy cows, buffaloes, breeding-purpose bulls, or all of these come with donkeys, horses, breeding-purpose sheep, and goats.
2) Indigenous, crossbred, and exotic cattle are owned by private owners, dairy farms, cooperative dairies, corporate dairies, milk producers, and milk collection centers, and cattle of creditor cattle loaned to financial and micro-dairy loan members.
3)It covers both scheme animals and non-scheme animals under this policy.
What's not covered by the livestock insurance policy?
Any activity that offenses the animal act are not covered.
What is the minimum and maximum age of the livestock for insurance coverage?
It's better to insure your livestock earlier because its age limit varies from insurer to insurer. except for cattle, its age is between 3 to 10 years.
What is RTI technology (Real-time identification)?
RTI technology is software that identifies time, and date snapshots, livestock inspection pictures, videos, livestock health status, livestock identification, and livestock market value.