Month: November 2023

How to Add Medical, Surgical & Loss of Use Coverage to Your Mortality Quote

Question:  I’ve just used your website to get a mortality quote.  How do I add coverage options like medical, surgical and loss of use? 

Answer: This post walks you through adding optional coverages to your full mortality proposals at insureyourhorse.com/quote.  f you haven’t yet generated your instant mortality quote, see Part one of this series. Part three explains how to turn your proposal into an active policy.

Coverage Options

Your initial mortality quote includes Full Mortality coverage plus any automatic enhancements offered by each insurer (such as Emergency Colic Surgery and Agreed Value). To customize your proposal further, you can add optional coverages—like Major Medical, Surgical, Stallion Infertility, and Loss of Use—directly from the proposal page.

Just click the “+ Add / Edit Optional Coverages” link beneath the quote for each horse. This takes you to a page where you’ll see all the optional coverages available for that specific horse from that specific company.
NOTE: Only the options listed on this page are available; coverages vary by insurer.

Adding or Changing Optional Coverages

1. Select the coverage you want by clicking the corresponding radio button or checkbox.
2. As soon as you make a selection, the Quote Summary box on the right will update instantly, showing the revised coverage and total premium for that horse.
3. To make changes, simply choose a different option or select None to remove the coverage.
4. When you’ve finalized your selections, click Submit at the bottom of the page to return to the mortality proposal. All your changes will appear under that horse’s coverage.

If you’re quoting multiple horses, repeat this process for each one.

Important: Coverage Varies by Company

Because each insurer offers different optional coverages and follows different underwriting guidelines:

• Optional coverages apply only to the horse and company you selected.
• If you have multiple horses, you must add desired coverages to each horse individually.
• t’s a good idea to review the options in all proposal tabs to find the best combination of coverage, terms, and price for your needs.

What’s Next?

In Part 3, we’ll walk through how to convert your customized proposal into a policy and officially insure the horses you’ve quoted.

Convert Your Quote into a Policy

Question: Now that I have the quote I want to purchase, how do I turn it into an active policy?

Answer: This guide walks you through purchasing the coverages you’ve quoted online at insureyourhorse.com/quote. If you missed them, Part 1 explains how to get an instant mortality quote, and Part 2 covers adding optional enhancements like Medical, Surgical, and Loss of Use.

Step 1: Review Required Application Forms

Once you’ve selected the insurance company and coverages you want, scroll to the “Application Forms Required” section under each horse in your proposal. The forms required vary by horse and insurer, depending on your answers and the optional coverages you’ve selected.

For the first horse, you’ll see a document called “How to Begin Coverage”. It provides an overview of what’s required and how to submit your request. You’ll also find:

• A mortality coverage flyer
• Payment instructions
• Full mortality application (applies to all horses)
• Any health documentation or value support required (specific to that horse)

If you quoted multiple horses, each will have its own list of required documents.

Step 2: Complete and Submit the Forms

Click the form name or icon to open it in a new window. Then:

1. Download the form to your computer.
2. Complete, sign, and save the form using Adobe Acrobat Reader.
3. Email the completed forms to mo*******@*************se.com.

Tip: Completing forms directly in a web browser may erase your entries when saved. For best results, download the forms first.

If you prefer, you can print and fax the completed documents to (866) 207-6953.

Step 3: Pay Your Premium

The final step to bind coverage is payment. Payment methods and options depend on the insurer:

Direct Billing Companies: Four of our partners bill you after the policy is issued, often with installment options:

• Great American: 1 & 2 installments for any premium; 4 installments for premiums ≥ $1,000; 8 installments for premiums > $2,500
• Berkley Equine & Cattle: 1 & 3 installments for any premium; 4 installments for premiums ≥ $1,000; 5 & 6 installments for premiums > $2,500
• American Reliable: 1 & 4 installments for any premium
• American Equine:  1-2 installments for any premium; 3 installments for premiums > $750, 4 & 6 installments for premiums > $1,000 and 8 installments for premiums > $1,500

Equine Insurance Specialists–Handled Payments:

• The Hartford requires full payment upfront.  Pay by electronic check via our online payment portal: www.insureyourhorse.com/customer-payments
• Include “New Policy” or the policy number in the description/invoice field

Step 4: Coverage Confirmation

Once your application (and payment, if applicable) is received:

• During business hours, we’ll contact you promptly to confirm coverage or request additional documentation.
• Outside business hours, you’ll be contacted the next business day.
• A formal binder will be sent within one business day of confirmation.
• The full policy typically arrives within a couple of weeks, with the invoice for any billed premium sent shortly thereafter.

You’re Covered!

Following these steps ensures your horses are protected quickly and efficiently, giving you peace of mind and allowing you to focus on enjoying and caring for your animals.