Livestock are often the most valuable asset on a farm and with lambing underway, the financial implication of a large scale loss at this time of year could have a massive impact on a farmer’s income for the coming years so it’s important to review your cover.
H&H Insurance Brokers, who operate across the north of England, Wales and Scotland, recognise that there are many kinds of misfortunes which can hit a farming enterprise at any time, but these risks are higher during the lambing season for a number of reasons. It is vitally important therefore that farmers ensure they have their flock insured including newly born lambs.
“In addition to the normal business interruption insurance, which would cover the loss of income for a period of 12-36 months, the loss of livestock on a large scale can result in serious financial implications. It is worthwhile reviewing the cover in place for livestock which can extend to include theft and worrying cover, over and above the basic perils,” said Gemma Rawlinson, Scottish Borders & North Area Manager for H&H Insurance Brokers.
Findings by Sheepwatch UK who commissioned a report in January of this year, which was based on police statistics indicated that around 15,000 sheep were killed by loose dogs in 2016 nationwide; more than ten times higher than the number previously thought. Sheep worrying is becoming an increasing problem and sheep attacks are devastating for farmers.
Gemma goes on to say: “As specialist farm insurers, we are here to offer advice on what poses a risk at this very busy time of year. Sheep are valuable assets and whilst it is possible to take some simple steps to safeguard livestock, it is worth reviewing your insurance to ensure you have the right cover to suit your needs.
Recently awarded the FEEFO Gold Trusted Service Award 2017, H&H Insurance Brokers were established in 1987. Employing over 30 members of staff across the north of England, Wales and Scotland they are today one of the foremost independent brokers in the country. Companies need to ensure that they are adequately insured both from a business protection and legislative perspective; H&H Insurance Brokers offers a broad portfolio of policies across a range of specialisms, with clients ranging in size from small start-ups to large businesses.