Posts By: Sara Runnalls

Ontario Equestrian Federation – Optional Benefits for Horses

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Ontario Equestrian Federation Optional Benefits for Horses Unfortunately if you own a horse, one day you may experience an insurance claim. If you haven’t purchased the OEF Optional Insurance, you may want to consider it, as it is an inexpensive way to protect your horse. Option # 1 – Specified Perils Mortality Coverage ($12,000/member) This policy provides coverage if your horse suffers an insured loss including Fire, Lightning, Smoke, Collision or overturning of a vehicle, windstorm, hail, tornado, accidental injury while on board or loading/unloading…
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The Art of Seeing When Managing Risks

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By Kara Glauser, BFL Client Service Representative, Equine Team This winter we have seen a number of tragic barn fires in the equine community that have received a lot of publicity. While these incidents are not something we like to see, they offer a good reminder to our industry about best management practices on farms and equestrian facilities, which include practices to help prevent fires and other potential disasters. It has been said that the art of ‘seeing’ has to be learned, meaning that what we…
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What does the OEF AD&D policy cover?

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I recently heard about a situation in B.C. where an association member was in an accident, but no benefit was paid under the AD&D policy. What does the OEF AD&D policy cover? Is it everything I need? Your membership with the Ontario Equestrian Federation automatically includes Accidental Death and Dismemberment (AD&D) insurance as a benefit*. AD&D insurance is a useful tool within every horseperson’s insurance portfolio, but it is limited in the protection it provides. The OEF AD&D policy is intended to provide some financial…
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What is Travel Insurance?

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  We like to think that nothing bad will happen when we travel, but what if any of these situations occurred while you or your family were away from home and you needed medical attention? Car accident Food poisoning Heat stroke Fall from a horse Allergic reaction Illness requiring medication prescribed by a physician, such as antibiotics Any of these situations can happen, even if you are just gone for the weekend to do some cross-border shopping. It is imperative that you have Out-of-Province Travel…
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Why do I need tack insurance? Isn’t it covered under my homeowner’s policy?

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The answer to this question depends on where you keep your tack. If your tack is stored regularly within your residence buildings, then yes, your homeowner’s policy will respond to theft, loss or damage to your tack, subject to the policy deductible and all terms and conditions of the policy. Also, if you specifically schedule your tack on your homeowner’s policy, it is insured under that policy, regardless of where you store it (again, subject to the terms and conditions of your policy). Most people,…
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“Business use” vs. “Commercial use” – Aren’t they the same thing? Not when it comes to your vehicles!

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I recently had a client call me for an insurance quotation on her truck and three-horse trailer. This person is an Equine Canada Coach with her own facility, where she keeps her own horses and a few boarders. She drives from her home to the barn every day. When she transports her own horses to shows, she will sometimes put one of her boarders on the trailer as well. The client sent me a copy of her current policy as a way of providing all…
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Understanding liability coverage when part-boarding or leasing

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I have heard that if I charge a fee to part-board or lease my horse, it is considered “commercial” use and my OEF member liability coverage will not respond. Is this true? If I part-board or lease my horse, does my OEF member liability insurance protect me? It’s getting more and more expensive to keep a horse, and many owners simply do not have enough time to spend with their horse. A common solution nowadays is to part-board horses to share responsibilities and expenses. Other…
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What Is Travel Insurance?

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There are several types of insurance related to travelling, but for the purpose of the OEF optional insurance coverage, we are talking about Out-of-Province Travel Health Insurance. This insurance is extremely important to have in place if you will be travelling outside your province of residence, for any reason, for any length of time, otherwise you could be responsible for thousands of dollars in medical bills if you suffer a health-related issue. We like to think that nothing bad will happen when we travel, but what if any of…
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