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 Products & Services / General Products
 
   LIVESTOCK INSURANCE
 
Paramount’s Livestock Insurance Cover protects you from losing the income potential of your animals because of death, due to accidents and diseases, including epidemics.
 
WHY WORRY ABOUT YOUR CATTLE, SWINE OR POULTRY?
 
You have invested a big sum of money with the hope that your cattle, swine and poultry will yield a sizeable income by way of meat sales and eggs in the case of poultry. Let PARAMOUNT LIVESTOCK COVER protect you from losing the income potential of your animals because of death, due to accidents and diseases, including epidemics.
 
HOW CAN PARAMOUNT LIVESTOCK COVER PROTECT YOUR INCOME POTENTIAL?
PARAMOUNT LIVESTOCK COVER offers you the following insurance services:
  1. Livestock Mortality Insurance Policy - designed primarily for backyard raisers of cattle, carabao, goat and swine
  2. Cattle and Swine Mortality Insurance Policy - designed primarily for semi-commercial and commercial raisers
  3. Poultry Catastrophe Insurance Policy - designed primarily for semi-commercial and commercial raisers of poultry
 
These insurance services indemnify farmers on losses of their animals due to Accidents and Diseases.
 
WHAT TYPES OF ANIMALS ARE COVERED BY INSURANCE?
All healthy animals shall be acceptable for insurance purposes.

For Cattle: Acceptability begins at 7 months of life up to 12 years of age

For Swine:

  • For breeding stocks - acceptability begins on the 6th month of up to 2 years of age; cover automatically ceases at the end of the 3rd year of life
  • For fattening stocks - acceptability begins on the 9th week of life; insurance automatically ceases when the animals are sold for slaughter. However, term of insurance is up to maximum of 6 months only
For Poultry:
  • Broilers - Beginning at one (1) day old; acceptability terminates at the end of the 7th week of life or immediately before the harvest whichever comes first
  • Pullets - Beginning at one (1) day old; acceptability terminates at the end of the 22nd week of life or immediately before its transfer to the laying house
  • Layers/Parent Stocks - Beginning on the 23rd week of life; acceptability terminates at the end of the 75th week of life or immediately before removal from the housing unit or as agreed
 
 
 
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