Fedegán launches livestock insurance

Fedegán launches livestock insurance

The SEGUGAN product will cover cattle and buffaloes that move between farms, slaughterhouses, fairs, auctions, exhibitions and auctions.

Thanks to a new Fedegan service, ranchers will be able to protect their cattle when moving them.

This is 'Livestock Insurance - SEGUGAN', that is responsible for the total loss of their animals caused by events such as qualified theft or death due to traffic accidents.

Said insurance, which came into force from the date, comes from the alliance made between Fedegán, the multinational HDI Seguros and the company Apptank Livestock Control App.

According to the executive president of Fedegán, Jose Felix Lafaurie Rivera, “This protection favors livestock farming and becomes a comparative advantage for producers in this sub-sector of the agricultural economy.”, "who are seriously affected by the insecurity that occurs on our roads".

Farmers will have the opportunity to insure up to 20 animals per truck for a maximum amount of $24 million. Photo: Fedegan.

How do you ensure?

  • Purchasing this insurance can be done very easily, through the 'livestock control' app, or on the website segugan.com.
  • It is essential that the producer has the mobilization guide issued by the ICA at the time of securing the animals..
  • Farmers will have the opportunity to insure up to 20 animals per truck for a maximum amount of $24 million.
  • HDI Seguros will pay a single value of $1,2 million and at the time of the claim it did not carry out a value study for each bovine, everyone is worth the same.
  • Likewise, the owner of the respective policy must cover a deductible for each lost animal for the value of $100 mil.

The means of transportation

Another particular aspect refers to the means of transportation, because the insurance company considers that to protect the livestock, theseThey must be transported in trucks from legally constituted companies, registered with the ICA for this purpose and authorized by the Ministry of Transport.

The insurance company will cover land destinations of three classes: national order, inter-municipal and urban routes.

Another advantage that SEGUGAN offers is that it is applied in the transfer of cattle that move between properties., slaughterhouses, fairs, auctions, exhibitions and auctions.

“In the event of an accident, The producer must be attentive to two fundamental aspects: one is that it will have 3 business days to inform the insurer of the fact, and two, present the respective documents so that the affected or lost animals can be paid.", the union leader highlighted.

He added that “without a doubt acquiring theIt will surely represent added value for ranchers, "It will allow us to promote a profitable and competitive activity in the face of market opportunities at a national and international level.".