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Guidelines On The Livestock Mortality Insurance Program: Iv. Insurable Age
Guidelines On The Livestock Mortality Insurance Program: Iv. Insurable Age
GUIDELINES ON THE LIVESTOCK MORTALITY IV. INSURABLE AGE Animal/ Age Upon
Percentage (%) of Sum Insured Deduct-
ible %
Animal Purpose (PhP) per Head/ % of Sum Insured
Deductible
% of SI
Batch - Poultry (SI)
INSURANCE PROGRAM Insurable Age Purpose Acceptance
PhP 7,000
PhP
9,001 -
PhP
11,001 -
PhP
13,001 -
of Sum
Horse Draft
Animal Purpose Remarks Insured
From To - 9,000 11,000 13,000 15,000
70% market value 3 to 6
The Philippine Crop Insurance Corporation (PCIC) provides insurance Animals over 5 years but not over 12 Swine TSI shall be 70% of the value of swine at selling/ Breeder
cover to livestock such as cattle, carabao, horse, swine, goat, sheep, Cattle and
Draft, Dairy,
years old can be accepted for coverage Fattener slaughter time in the locality but not to exceed Swine 70% market value 4 to 8
Breeder, 7 mos. 5 yrs
poultry, and game fowls and animals. Carabao
Fattener
subject to additional premium up to PhP8,000/head. 10-30% of TSI
age 12 The premium rate per raising period is: Fattener 70% market value 0.50 per month
45 days 10
Covered Diseases Typhoon & Flood
Animals over 5 years but not over 12 Total Breeder 20,000 12
I. TYPES OF INSURANCE COVER Horse Draft/Working 1 yr. 5 yrs
years old can be accepted for coverage
(Normal Cover) (Rider Perils)
Goat & Sheep
1. Non-Commercial Mortality Insurance Cover for cattle, carabao, horse, subject to additional premium up to 1.50 0.25 1.75 Fattener 1,000 10
swine, goat, sheep and poultry. age 12
0.24% for typhoon, 2.5% of TSI
TSI shall be 70% of the value of swine at time of
2. Commercial Mortality Insurance Cover for cattle, carabao, horse, swine, Goat and Breeder 4 mos. 1 yr Renewable annually up to 5 years old purchase but not to exceed the following:
Poultry flood, lightning & fire per event, one
goat, sheep and poultry. Sheep Fattener 4 mos. 1 yr Until sold whichever comes earlier F1 (first generation): PhP 12,500; Chicken Broilers 70% market value loss event
0.5% to 1.05% for limited to one
3. Special Cover for livestock dispersal. Parent Stock: PhP 31,500; and
regular disease cover
Can be renewed annually up to 4th year Grand Parent Stock: PhP 52,000 (1) week
4. Special Cover for game fowls and animals such as fighting cocks and Breeder 6 mos. 2 yrs
of life Breeder 6 mos. 10 2.5% of TSI
race horses. Swine The applicable premium rate is: 2.60% for regular
disease and natural per event, one
Fattener 45 days 6 mos Until sold whichever comes earlier Chicken Pullets/
Covered Diseases Typhoon & Flood 70% market value calamities (typhoon, loss event to
Total Ducks Layers flood, lightning and
II. INSURANCE COVER Chicken
Broilers 1 day 8 wks (Normal Cover) (Rider Perils)
fire) cover
72 hours or as
agreed
These policies cover death due to accidents and/or diseases, and/or Pullets/Layers 1 day 75 wks Or insurable age could be agreed upon
3.0 0.50 3.50