Equine. A better breed of coverage. XL Group Insurance

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1 A better breed of coverage XL Group Insurance We ve led the industry in Equine and Livestock insurance for more than 20 years. And whether you have one horse or a whole stable, XL Group s Equine Team offers a broad range of flexible coverage designed with the needs of horse owners in mind. Equine

2 A better breed of coverage Contents It s easy with Live links. Just click to go directly to the page. Our Team. Your Team 1 Why Choose XL Group? 2 Sport Horse Medical Coverage Matrix 3 Ratings Sheets Sport Horses (English) and Arabians 4 Western and Quarter Horse Racing 5 Thoroughbred 6 Standardbred 7

3 Our Team. Insuring a horse is tricky. Horses are part investment, part business partner, part family member. XL Group s Equine Team understands that. We ve ridden horses and been around horse people all our lives. What s more, our team has over 70 years of collective experience and knows the equine insurance market from muzzle to dock. Our dedicated underwriting and claims teams work with you to understand and respond to your unique coverage needs. Your Team. I would like our clients to think of this team as flexible, innovative and resourceful. In Equine s highly competitive market, we are constantly looking for new ways we can work to meet our clients needs and expectations. William Hill, Senior Underwriter With a family that raises horses and cattle, Will has been around horses all his life. He became a steeplechase jockey at age 17, after competing at a National level as an event rider. He continued to race after he started working as an equine underwriter in London. William.Hill@XLGroup.com Our goal is to bring a personal touch to every policy. It s important to us to really get to know our agents in order to provide a comprehensive service. Charles Beach, Underwriter A Kentucky native, Charlie grew up around thoroughbreds. His knowledge and love of horses led him to London for 10 years where he worked at Lloyd s on both the claims and underwriting side of the business. Charles.Beach@XLGroup.com We take time to understand what people want and need in an insurance product. As a team, we have well-rounded knowledge in all aspects of Equine. Sarah Santiago, Underwriting Assistant Before she could draw a picture of a horse, Sarah was riding them. An experienced hunter/jumper, she competed in Pony Finals and was a regular at the Wellington Equestrian Festival. Sarah.Santiago@XLGroup.com

4 Why Choose XL Group? Capabilities Underwriting teams both in New York and London provide the personal contact of a local partner and the large capacity of a global insurer. Access to the Lloyd s market allows for greater underwriting flexibility. Dynamic, friendly and flexible underwriting and claims approach with 24/7 claim reporting. Agent access to a new web-based underwriting platform (Equine Online) allowing us to provide fast and efficient service. Expertise We re internationally recognized insurers of horses with particular expertise in, but not limited to: Thoroughbreds Standardbreds Quarter Horses Sport Horses Hunter Jumpers Show and Leisure Horses Western Horses Product Features Our product provides specialized coverage, including, but not limited to: Equine Mortality Major Medical / Surgical as detailed on page 3 Theft Named Perils Stallion Permanent Disability Stallion First Season Infertility Stallion Availability Stallion Loss of Income Barrenness, Prospective Foal Equine Online (EOL) A web-based application, EOL, is XL Group s primary equine underwriting platform. This system tracks and maintains all paperwork and risk related activity. EOL allows XL Group to deliver the best service in the industry: Fast. Most policies and endorsements can be bound and paperwork received by the agent in less than 10 minutes. Even with policies that require more underwriter attention, the agent will still receive paperwork within 24 hours. Convenient. Agents can access all their risk information and bind new risks wherever they can access the Internet with a web browser. Paperless. All risk related paperwork can be easily uploaded to EOL. Flexible. With 24/7 system access, EOL allows agents or underwriters to bind risks and efficiently issue paperwork. Intuitive. EOL s simple online interface allows agents and underwriters to work more efficiently and improve paperwork accuracy. XL Group s Equine Claims Department No two claims are the same. We take into account all aspects of a claim. And because we re dealing with very special animals, we handle every claim with care and compassion. Many of our sport horse related claims are handled by Richard Ketch Equine in consultation with XL Claims. Richard acts on behalf of XL as an independent claims adjuster with over 25 years of experience in this profession and a fully comprehensive 24 hour claims service. Richard is personally involved in the rehabilitation of horses, many of which compete as Hunters and Jumpers. Ratings The XL Group core P&C operating companies are rated A/Positive by Standard & Poor s, A/Stable by Fitch and A. M. Best, and A2/Stable by Moody s. fast. convenient. paperless. flexible. intuitive. XL Group 2

5 Sport Horse Medical Coverage Matrix In addition to our Full Mortality wording we offer the following Medical / Surgical coverages for Sport Horses: Coverage Features Emergency Colic Surgery Surgical Coverage $7,500 Major Medical $10,000 Major Medical $12,500 Major Medical $15,000 Major Medical Premium Free $100 $300 $375 $450 $495 Coverage limit $5,000 $5,000 $7,500 $10,000 $12,000 $15,000 Deductible 0 $250 $300 $300 $300 $300 Covers 100% Diagnostics (No Sublimit or Co-Pay) N/A N/A Available for horses aged 90 days to 18 years 90 days extension of benefits provision Covers navicular, arthritis or degenerative joint disease Covers respiratory surgery Covers bone chip surgery Covers shock wave treatment: Up to $400 per session Up to $1,200 per individual claim Covers IRAP therapy up to $1,200 per individual claim There is no sublimit within the policy period, on duration of treatment or boarding / hospitalization days Premiums are earned/returned pro rata unless a claim is paid, in which case premium is earned in full Performance enhancing treatments, joint injections, chiropractic work, acupuncture, animal transport fees, and pre existing conditions are not covered N/A Product highlights include: Guaranteed renewal for horses up to 15 years of age or 12 month extension up to 17 years Agreed Value endorsement Wobbler Syndrome coverage No vet exam required on sound, healthy horses ages 31 days through 16 years with insured values of USD$ or less; only a Declaration of Health signed by the insured Payment plans with no additional fees 3

6 Mortality Rating Plan Sport Horses (English) and Arabians SPORT HORSE: FOALS AND YEARLINGS SPORT HORSE: BREEDING 2 YRS TO 15 YRS SPORT HORSE: 2 YRS TO 15 YRS ARABIANS: FOALS AND YEARLINGS ARABIANS: 2 YRS TO 15 YRS OVER AGE RATES 24 hours to 7 days 5.95% 8 days to 30 days 5.50% 31 days to 90 days 5.00% 91 days to September % October 1 to December % Yearlings - January 1 to December % Mares 3.25% Stallions 3.25% Show, Pleasure, No Jumping 3.00% Dressage/Driving 3.00% Show Hunter (includes Jumping) 3.40% Show Jumper 3.50% Eventers: Preliminary and Above 4.50% Eventers: Up to Preliminary 3.70% Foxhunters: 1st Field 4.00% Foxhunters: 2nd Field 3.00% 24 hours to 7 days 6.25% 8 days to 30 days 5.75% 31 days to 90 days 5.25% 91 days to September % October 1 to December % Yearlings - January 1 to December % Show (excluding Hunter/Jumpers) 2.75% Breeding, Pleasure 3.20% Age 16 Plus 1.50% Age % Age % Age 19 & Over: Named Perils OR Special Accident Only ELECTIVE SURGERY UNDER GENERAL ANESTHESIA 0.50% TRANSIT OUTSIDE CONTINENTAL USA SADDLEBREDS AND TENNESSEE WALKERS: to Underwriter for Rating EQUINE NAMED PERILS RATING PLAN Excluding Coverage at Race Tracks 0.60% Including Coverage at Race Tracks 1.00% To Include Theft Extension additional 0.25% All above rates include 20% commission 4

7 Mortality Rating Plan Western and Quarter Horse Racing FOALS AND YEARLINGS 24 hours to 7 days 6.25% 8 days to 30 days 5.75% 31 days to 90 days 5.25% 91 days to September % October 1 to December % Yearlings - January 1 to October % Yearlings - November 1 to December 31 (if intended for non-racing or non-halter use) 3.20% Yearlings - November 1 to December 31 (If intended for halter use) 4.50% 1 YR TO 15 YRS RACING: UP TO AND INCLUDING AGE 5 RACING: 6 YRS AND OVER Yearlings - November 1 to December 31 (If intended for racing use) 6.50% Breeding - Stallions and Broodmares 3.20% Cutting, Reining 3.00% Barrel Racing 3.40% Show, Pleasure, Roping, Rodeo, Performance, Steer Wrestling, Western Pleasure, Ranch Halter (HYPP excluded)** 3.20% Colts & Fillies All Values 6.50% Geldings All Values 7.00% Colts & Fillies All Values 7.00% Geldings All Values 7.50% OVER AGE RATES TRANSIT OUTSIDE CONTINENTAL USA EMERGENCY COLIC SURGERY - horses 30 days to 18 years of age Age 16 plus 1.50% Age % Age % Age 19 & over Emergency colic surgery - $5,000 Limit Named Perlis No charge All above rates include 20% commission 5

8 Mortality Rating Plan Thoroughbreds FOALS YEARLINGS RACING COLTS & FILLIES: UP TO AND INCLUDING 6 YEARS OF AGE GELDINGS 24 hours to 7 days 5.75% 8 days to 30 days 5.25% 31 days to 90 days 4.75% 91 days to September % October 1 to December % January 1 to October % November 1 to December % Colts & Fillies, Values up to $24, % Colts & Fillies, Values $25,000 to $49, % Colts, Values $50,000 and higher 4.95% Fillies, Values $50,000 and higher 4.75% SPD for racing Colts up to and including 6 years of age Racing Colts & Fillies over 6 years of age Ages 2 & 3 rate same as Colts & Fillies above plus 0.25% Ages 4 & % Ages % Over age 8 STALLIONS: 2-15 YEARS OF AGE (ALL VALUES) 3.00% STALLION PERMANENT DISABILITY plus 0.35% BROODMARES: 2-15 YEARS OF AGE (ALL VALUES) 3.00% OVER AGE RATES TRANSIT OUTSIDE CONTINENTAL USA EMERGENCY COLIC SURGERY - horses 30 days to 18 years of age EQUINE NAMED PERILS RATING PLAN 16 years (Mares and Stallions) plus 1.50% 17 years (Mares and Stallions) 7.00% 18 years (Mares and Stallions) 13.00% Emergency colic surgery - $5,000 Limit No charge Excluding Coverage at Race Tracks 0.60% Including Coverage at Race Tracks 1.00% To Include Theft Extension additional 0.25% All above rates include 20% commission 6

9 Mortality Rating Plan Standardbreds 24 hours to 7 days 5.06% 8 days to 30 days 4.68% FOALS YEARLINGS RACING 31 days to 90 days 4.25% 91 days to September % October 1 to December % New York address 2.75% All other locations 3.00% Colt & Fillies - All Values 3.50% Geldings - All Values 3.60% Over 8 years old 2-15 years (Mares and Stallions) 2.80% 16 years 4.80% BREEDING 17 years 7.00% 18 years 10.00% 19 years STALLION PERMANENT DISABILITY plus 0.35% TRANSIT OUTSIDE CONTINENTAL USA EMERGENCY COLIC SURGERY - horses 30 days to 18 years of age Emergency colic surgery - $5,000 Limit No charge Excluding Coverage at Race Tracks 0.60% EQUINE NAMED PERILS RATING PLAN Including Coverage at Race Tracks 1.00% To Include Theft Extension additional 0.15% All above rates include 20% commission 7

10 Equine Team XL Group One World Financial Center, 200 Liberty Street, 21st Floor, New York NY xlgroup.com/insurance The information contained herein is intended for informational purposes only. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. XL Group is the global brand used by XL Group plc s insurance subsidiaries. Coverages are underwritten by XL Specialty Insurance Company, an XL Group plc company, and Lloyd s Syndicate #1209. Coverages placed with Lloyd s Syndicate #1209 are managed by XL London Market Ltd. and supported by XL corporate members at Lloyd s. Lloyd s ratings are independent of the XL Group. Coverages not available in all jurisdictions. Information and ratings accurate as of January, _01/13