DEFINITION of 'Breeder's Insurance Policy'

Insurance coverage for the damage, theft or loss of bred animals. A breeder's insurance policy may also cover veterinary bills for animals in the event of illness or accident, as well as cover the loss in the event of the death of the animal.

BREAKING DOWN 'Breeder's Insurance Policy'

Like all other businesses, breeding is often the livelihood of a family. Dog breeders and livestock owners stand to suffer greatly in the event of a loss. It is for this reason that all assets must be fully insured under a sound breeder's insurance policy. Liability insurance is also a must-have for all business owners.

RELATED TERMS
  1. Animal Mortality Insurance

    Financial protection for businesses in which animals play a valuable ...
  2. Cover Note

    A temporary document issued by an insurance company that provides ...
  3. Assessable Policy

    A type of insurance policy that may require the policyholder ...
  4. Total Insurable Value

    Total insurable value is the value of property, inventory, equipment, ...
  5. Insurance Coverage

    The amount of risk or liability covered for an individual or ...
  6. Life Insurance

    A protection against the loss of income that would result if ...
Related Articles
  1. Insurance

    Do You Need Casualty Insurance?

    Find out how different types of coverages can protect you and which policy is right for you.
  2. Insurance

    Insurance Coverage: A Business Necessity

    Don't go to work without this policy in place - especially if your work is in your home.
  3. Insurance

    4 Types Of Insurance Everyone Needs

    Here are four forms of insurance that are vital to have.
  4. Insurance

    6 Types Of Insurance Coverage You Didn't Think You Needed

    These different types of insurance coverage can be beneficial, but they're often overlooked and misunderstood.
  5. Insurance

    Explaining Insurance

    Insurance is a form of contract between an individual and an insurance company that spreads risk in exchange for premium payments.
  6. Insurance

    Critical Illness Insurance: Get Paid If You Get Sick

    This coverage will allow you to focus your attention on getting well, rather than getting by.
RELATED FAQS
  1. What are some examples of industries that practice price discrimination?

    Understand the various types of insurance coverage offered in the insurance marketplace, and learn why each policy should ... Read Answer >>
  2. What is the average return on total revenue for the insurance sector?

    Learn about the three main segments of the insurance industry, and find out what the average return on revenues is for the ... Read Answer >>
  3. Can your insurance company cancel your policy without notice?

    Learn about your rights as an insured when it comes to your insurance policy being canceled, including how to access your ... Read Answer >>
Hot Definitions
  1. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying ...
  2. Expense Ratio

    A measure of what it costs an investment company to operate a mutual fund. An expense ratio is determined through an annual ...
  3. Mezzanine Financing

    A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing ...
  4. Long Run

    A period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all ...
  5. Quasi Contract

    A legal agreement created by the courts between two parties who did not have a previous obligation to each other. A normal ...
  6. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
Trading Center