Redesigned insurance policy for poultry
Oval Insurance Broking has announced a number of improvements to its insurance products for poultry farmers in the UK.
The Poultry Unique policy, which currently covers about 40 million birds, covers all forms of disease that could potentially result in huge losses, should an outbreak wipe out a farmer’s entire stock, says the Liverpool company.
Cover can also be tailored against a particular disease that a flock may be more susceptible to, including the consequential loss incurred by an outbreak.
As part of the re-developed policy, farmers are also now able to cover other assets that can be found on farm, including wind turbines and solar panels.
“Intensive poultry farming became an established part of British agriculture about 30 years ago,” said client director, Andy Dutton. “Since then, many of the farmers who adopted this method of rearing poultry are retiring, with a new generation of younger and more tech-savvy farmers taking the reins.
“What we are seeing is a greater need to cover technological assets alongside livestock, mechanical and structural assets.”