Item 1- Dairy Cattle All Risk Mortality Insurance Quantity : 1 year Item Specs : ARM (All Risk of Mortality) Policy $1,395,900 Exposure Limit Premium to be based on 1% TSI (Total Sum Insured) deductible Deductible occurrence period for any disease – 30 days Storm/Tropical Storm/Hurricane deductible occurrence period – 5 days; all other losses will be 72 hours. Item 2- Pastoral Cattle All Risk Mortality Insurance Quantity : 1 year Item Specs : ARM (All Risk of Mortality) Policy $875,000 Exposure Limit Premium to be based on $13,200 deductible Deductible occurrence period for any disease – 30 days Storm/Tropical Storm/Hurricane deductible occurrence period – 5 days; all other losses will be 72 hours. Item 3 – Poultry All Risk Mortality Insurance Quantity : 1 year Item Specs : ARM (All Risk of Mortality) Policy plus PI (Power Interruption), EB (Equipment Breakdown) and Heat Stress $810,000 Exposure Limit with 15% uplift equals $931,500 (providing approximately $121,500 in Business Interruption coverage) Premium to be based on the following deductibles: Equipment Breakdown - $5,000 or 3% of value per house at time of loss, whichever is greater Any Disease – 10% value of house at time of loss per occurrence Heat Stress Excess - $5,000; subject to a 50% coinsurance thereafter All other claims - $5,000 or 3% of value per house at time of loss, whichever is greater Deductible occurrence period for any disease – 30 days Storm/Tropical Storm/Hurricane deductible occurrence period – 5 days; all other losses will be 72 hours.
