Gow Gates Insurance Brokers offers discounts to EA members

Accidents occur and disasters can strike at any time and they can appear in any form;  extreme weather, a fire in the home, a car accident that leads to a legal action against you, or someone in the family becoming ill.

The same applies to those of us in the Equine industry where we invest a lot of time, money and emotion into our animals, our jobs and our hobbies.  So many factors can cause us financial loss and when having to deal with the emotional stress that accompanies an incident or disaster the last thing you need is a difficult and complicated claims process adding to your worries.

Insurance allows us peace of mind and we know that if anything happens to us, our horses or our businesses we will be financially secure.

“The best course of action is to prepare for the worst and hope for the best.”

HORSE INSURANCE

When you own horses you invest a lot of time, emotion and money into caring for them, training, competing and winning on them (or at least trying very hard in some cases!).  However horses being horses can be prone to having accidents, sustaining injuries, and getting ill which can either jeopardise the life of the horse or incur high costs in Veterinary Fees.  In some cases the horses can be left with career threatening injuries which mean that you, as the owner, have to replace the horse so that you can continue riding and competing to the level at which you are used to.  This of course is always an expensive exercise.

Our Specialist Programme can offer the horse: -

• Mortality & Theft (including Transits)
• Economic Slaughter and Permanent Loss of Use
• Veterinary Fees
• Life-Saving Surgical Fees
• Stallion Total Permanent Disability (Infertility)
• Property Loss or Damage
• Personal Accident – Capital Benefit Top-Ups
• Float Insurance

PUBLIC LIABILITY

Is fundamental when running any business. Whether your operation is a Stud or Agistment Centre, or you provide a specialised equine service, we can offer insurance solutions to protect you and your business against the financial risk of being found legally liable for death or injury to a third party, or loss or damage of third party property.

The misconception some people have is that if your clients have personal insurance themselves then they cannot or will not sue you.  This is incorrect.  Their Personal Liability insurance may protect them if they were found legally liable (or negligent) for injuries to third party property damage or another person or people for bodily injuries.  Even though direct members of EA may be entitled to a Capital Benefit of $60,000 as a result of an ‘accident’ from their horse activities,  they could happen to be a high-earner in the City who tragically ends up in a wheelchair as a result of your negligence, the chances of you being sued for a multi-million dollar settlement are high.  An exposure that is insurable through Property Owners or specific Equine Business Public Liability insurance.

Even if you are not found legally liable to pay damages the costs incurred in defending you can amount to tens of thousands of dollars.  The Public Liability Policy arranged by Gow-Gates will not only pay these costs but also take over the handling of the action so that you will not have to do anything other than that instructed by your claims handler.

We can assist any type of Equestrian Business/ Property Insurance, including but not limited to: -

• Coach Top-Up
• Ready Set Trot Delivery Centre
• Agistment Centres
• Studs & Spelling Farms
• Riding Establishments
• Horse Transporters
• Horse Trainers

CARE, CUSTODY AND CONTROL

Is essential cover for Agistment and Stud businesses, and anyone who is responsible for other people’s horses. This cover provides protection against legal liability incurred as a result of injury or death, or financial loss, in respect of a horse in your care. It also covers the legal expenses in defending such law suits.

FARM INSURANCE

• Domestic Dwelling and Contents
• Farm Property
• Fencing
• Burglary / Theft
• Machinery Breakdown
• Farm Motor

Equine and bloodstock insurance has been a core Gow-Gates service for over 40 years. Our specialist team understands your needs and can advise you on the appropriate cover, insurer and cost.  We know how important it is to speak to someone who actually understands your risks and the activities which you all participate in daily.  As an industry you need to be able to speak to people who have lived and breathed what you do, and understand your interests.  Getting the insurance coverage right at the very beginning is an absolute necessity to ensure, if in the unfortunate event that a claim needs to be made, there will be no hold-ups or arguments about whether there is a valid claim.

At Gow-Gates we ensure that not only are our staff experienced insurance advisers but who also have passion, thorough knowledge and experience of the products they are advising.

If you would like one of the team at Gow-Gates to contact you please CLICK HEREhttp://secure.promail.com.au/em/forms/subscribe.php?db=418883&s=135857&a=37945&k=5dac377  and someone will get back to you shortly.

Remember to quote your EA membership number and that you read this in the Impulsion Newsletter to obtain your discount!

Alternatively  please contact Gow-Gates directly on:

P: (02) 8267 9999

E: [email protected]

Or visit our website www.gowgates.com.au

Gow-Gates Insurance Brokers (Australasia) Pty Ltd, A.B.N 29 069 562 787, AFSL 245433.

Disclaimer: The information in the above article contains broad summarised information only and is intended as a guide only and thus should not be relied upon without the seeking independent professional advice.