| e: | insurance@yearsleybloodstockgroup.com |
| p: | 800-391-1993 | 859-219-2100 |
Welcome to Yearsley Bloodstock Insurance, specialists in Equine Insurance!
We believe in smart solutions in equine insurance, whether our clients have one or many valued horses! Our sophisticated equine insurance programs offer a balance of premium and coverage benefits far beyond a basic one year mortality policy. Clients with many horses can enjoy a specially tailored deductible policy, combining a spread of coverage with major premium savings. Clients enjoy the benefits from our many years of horse industry and equine insurance experience, combined with our special relationships with the world's leading equine insurance markets. Our dedicated team members are committed to our professional seal of service and customer satisfaction. We understand our clients have put their trust in us and should anticipate nothing less than a great customer experience whether it be in handling a claim or a simple service request. We remain committed to the belief that our clients value their relationship with us in both the short and long term.
You are welcome to contact us today and we look forward to the opportunity to earn your business!
Nancy W. Yearsley
President
~ Our agents are fluent in Spanish ~
The Yearsley Bloodstock Insurance Team
Yearsley Bloodstock Insurance (YBI) is a Leading Equine Insurance Agency serving clients in the Thoroughbred and Quarter Horse industry in addition to other select breeds and disciplines. Founded in 1991, YBI is distinguished by its exceptional team of people who work tirelessly each day to assist our clients in obtaining the special coverages that meet their specific insurance risks and needs. It is also distinguished by the exceptional expertise of its principal, Nancy Yearsley, gained through 20 years of success in the horse racing and breeding industries on a global level. Our Vice President of Operations, Ian Snow, is a former broker at Lloyd's of London who brings 30 years of equine insurance expertise to YBI. In his former position, he was instrumental in modernizing many of the equine insurance products now widely used in today's marketplace.
YBI is strategically headquartered in Lexington, Kentucky, the International Thoroughbred Breeding Capital of the world. We also have satellite offices in Southern California, at the heart of the U. S. Western Regional thoroughbred and quarter horse racing marketplace. We have select equine insurance agents in the field representing us at many major horse events.
Nancy W. Yearsley
Nancy Yearsley holds a Masters In Business Administration (MBA) from Vanderbilt University. She has spent a lifetime with horses from show jumping and fox hunting in Philadelphia, Pennsylvania to breeding and owning a number of graded stakes winning thoroughbreds and quarter horses throughout the country. She has also owned and managed one of the leading Thoroughbred stallions in California and was a leading consignor of yearlings in California in the 90's. She is a member of the Thoroughbred Owners and Breeders (TOBA), Kentucky Owners and Breeders, Kentucky Farm Managers Club, California Thoroughbred Breeders, American Quarter Horse Association, Pacific Coast Quarter Horse Association, etc. She also lectures on marketing and insurance in the equine industry.
Product Selection
Insurance Overview You are here
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Insurance Overview
As global providers of horse insurance, we access the best and most innovative insurance markets, Lloyd's of London and select A-Rated Domestic Carriers. In addition to the traditional one year full mortality policy, we can offer important endorsements such as 12 month extension, Colic Surgery, Fall of the Hammer, Wobbler Syndrome and Stallion Permanent Disability due to accident, sickness or disease. We can also offer specialty products such as 30 day transit, 30 day claiming insurance, prospective foal and first season stallion congenital infertility. In certain breeds and disciplines, we can offer loss of use, major medical, and surgical endorsements. We are strategically located in the international Thoroughbred breeding capital of the world, Lexington, Kentucky in addition to the western domestic racing capital for Thoroughbreds and Quarter Horses, Los Angeles, California.
Product Selection
Insurance Overview
Basic Mortality Policy You are here
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Basic Mortality Policy
The basic policy is an annual policy that pays a claim if the horse should die or becomes a candidate for humane destruction resulting from a covered peril (accident, illness or disease) provided that the insured has complied with the policy terms and conditions. Humane Destruction is authorized if a veterinarian determines that a horse is suffering inhumanely or is a threat to itself or others. The policy also covers loss from theft under certain conditions.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements You are here
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Key Endorsements
We can offer key endorsements such as:
12 Month Extension -- In consideration of additional premium and for horses under a certain age, in the event of an accident, sickness, or disease immediately reported during the policy period, insurance coverage can be extended for up to 365 days after expiration and until such time as the accident, sickness, or disease is no longer life threatening. The average policy only offers a 30 or 90 day extension of coverage in the event of an accident, illness or disease.
Colic Surgery -- We can offer coverage for colic surgery and related expenses up to specified limits for a small additional premium. This can ease the financial burden of the cost of colic surgery. It is a condition precedent to the insured's liability that the covered horse does not have a history of colic and/or gastro intestinal disorders for this endorsement to apply.
Wobbler Syndrome -- For a horse that is suffering from cervical vertebral malformation and/or spinal cord compression and/or cervical compressive myelopathy. If the horse is diagnosed as a wobbler during the period of insurance and determined to be chronic and progressive in nature, then he would be a candidate for a claim should he meet other debilitating physical conditions as determined by underwriters.
Fall of Hammer Extension -- This endorsement extends the insured's insurance on horses sold at public auction until the sale contract is satisfied within the auctioneer's Condition of Sale for a specified period of time after the sale.
Stallion Permanent Disability Clause (Commonly referred to as Stallion ASD - Infertility due to Accident, Sickness, Disease) -- Insures in the event the stallion becomes permanently and totally impotent, infertile or incapable of serving mares as a result of accident, injury, sickness or disease sustained during the period of insurance. If a claim is paid, underwriters can elect to take title to and possession of any interest in stallion.
Surgical Operation Extension Clause -- Underwriters agree not to charge additional premium on certain surgical operations performed by a qualified veterinarian. Examples are arthroscopic surgery, gelding an animal and the agent needs to be advised in advance of the operation.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability You are here
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Stallion Permanent Disability Clause
(Commonly referred to as Stallion ASD - Infertility due to Accident, Sickness, Disease)
Insures in the event the stallion becomes permanently and totally impotent, infertile or incapable of serving mares as a result of accident, injury, sickness or disease sustained during the period of insurance. If a claim is paid, underwriters can elect to take title to and possession of any interest in stallion.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance You are here
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Prospective Foal Insurance / Unborn Foal Insurance
Prospective (unborn) foal coverage is to protect from the loss of an unborn foal, insurance commencing no earlier than 42 days in foal. A satisfactory insurance exam on the mare, a satisfactory produce history, an ultrasound and manual examination of pregnancy performed no earlier than the policy inception date and ultrasound confirmation that the mare is not carrying twins is required. Normally, the coverage runs until 30 days after foaling when it would expire. The 90 day extension can be added to extend coverage beyond 30 days to 120 days, if the foal is reported to have a life threatening condition during the initial policy period.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance You are here
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Barrenness Insurance
This type of insurance provides coverage should a qualified mare not get in foal to a qualified stallion. This coverage works in conjunction with Prospective Foal Insurance.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance You are here
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Foal Mortality Insurance
Foals can be insured for mortality from 24 hours old. This coverage is subject to a satisfactory insurance exam on the foal no earlier than 24 hours of age with a satisfactory IgG and on higher values, a satisfactory CBC (compete blood count). Foal insurance can also begin at 7 days, 30 days, 90 days of age or on October 1st and at each of these milestones, the premium rate decreases. Foal values can be agreed prior to foaling, so that when the foals are 24 hours old, coverage is automatically in place with satisfactory insurance exams.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy You are here
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Limited Perils Policy
This coverage is normally limited to 'Fire, Lightning and Transit'. There are different types of coverages that can be tailor made, for example, to include 'wild dog attack, electrocution, etc.' If the insured has a barn fire and he does not have mortality insurance, this insurance could provide coverage for such a catastrophic loss. The rates are lower than mortality rates.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy You are here
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Thirty Day Transit Insurance
This is a 30 day mortality insurance policy. Examples would be, if the insured is purchasing a horse at auction or is shipping a horse internationally. Call us to learn more.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy You are here
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Thirty Day Claiming Insurance
If the insured wishes to claim a horse, he can obtain 30 day claiming insurance which covers death due to a catastrophic injury, etc. Alternatively, the insured can request a one year Mortality Policy which includes the claiming insurance. This policy must be set up in advance.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy You are here
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Deductible Policy
Many large schedules contain enough horses to qualify for a deductible program. Substantial premium savings may be possible, depending on the level of deductible (self insurance) the client is willing to accept and the premium rate can be set much lower than the full mortality rate. Once the deductible has been exhausted, any further claims are paid in full. Minimum deductible amounts are also determined by the total value and mix of the schedule. The deductible policy is rated by the composition of the schedule, the claims history and other important variables. These policies can also offer a renewal credit and substantial savings.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance You are here
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
First Year Stallion Congenital Infertility Policy
First Season Stallion Infertility (often called Congenital Infertility) provides coverage should a stallion not get a certain percentage of mares in foal during his first season at stud. Please ask for details.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability You are here
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Equine Owner Liability Policy
This coverage protects the insured if he is found legally liable for injury to third parties and/or for losses to property of any third party. Normally the limits are per occurrence and in the aggregate. For example, a typical policy would state '$1,000,000 per occurrence and with $2,000,000 in the aggregate'. There is also coverage for defense costs.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control You are here
Frozen Semen Insurance
Exotic Animal Insurance
General Information
Care Custody or Control Insurance Policy
This Liability Coverage protects the insured if he is found legally liable for horses in his care, custody or control. The insured can determine what limits he would need and there are limits to the aggregate.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance You are here
Exotic Animal Insurance
General Information
Frozen Semen Insurance Policy
This coverage would protect the semen from loss at either the storage site or container flask.
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance You are here
General Information
Exotic Animal Insurance Policy
Please ask us about Exotic Animal Insurance!
Product Selection
Insurance Overview
Basic Mortality Policy
Key Endorsements
Stallion Permanent Disability
Unborn Foal Insurance
Barrenness Insurance
Foal Mortality Insurance
Limited Perils Policy
Thirty Day Transit Policy
Thirty Day Claiming Policy
Deductible Policy
First Year Stallion Insurance
Equine Owner Liability
Care Custody or Control
Frozen Semen Insurance
Exotic Animal Insurance
General Information You are here
General Insurance Information
What are the classes and rates? The rates differ by discipline and risk class (age/sex/use/breed). We can provide quotes and insurance on unborn foals, new foals, yearlings, racehorses, mares and stallions for many breeds and disciplines. We can also insure exotic animals.
What is the significance of the term 'Fair Market Value'? When an insured is attempting to determine the sum to be insured for a mortality policy, it needs to be understood that the policy is a contract of indemnity. It is therefore important to understand the term 'Fair Market Value.' This can be defined as the sum that a willing buyer and willing seller would agree to regarding the value of the horse. Therefore, Fair Market Value is the basis of valuation for insurance. (Please note - the policy only pays up to policy limits).
What is Justification of Value? Claims are based on 'Fair Market Value' at the time of loss and may, in certain circumstances, be settled for less than the actual sum insured. At inception of the policy, underwriters may require a 'justification of value' in order that they are satisfied that the horse's value is in line with the fair market value and some horses may continue to have their value reviewed during the policy period. This usually applies to racehorses, where the insured may be required to provide an updated justification of value at certain intervals (determined by the underwriters). If a horse is entered in a claiming race and could be claimed for an amount less than the sum insured, the claim payment will not exceed the lowest claiming price for which the horse ran during the policy period. It is important that the insured monitor the sum insured and always have the horse insured for the fair market value amount.
What are the insured's responsibilities on a new policy or an addition? In many cases, the insured can sign a 'Declaration of Health' stating the horse is in good health at inception of the policy or at time of addition. For higher values, underwriters will require an insurance exam from a licensed veterinarian. If the horse has a history of problems, the insured or veterinarian must disclose such information. Some problems are so far in the past that the insured should be able to obtain full coverage without an exclusion, provided that the horse has had no subsequent problems that may be related or attributable to the original condition. What the insured does not want to do is to fail to report any condition that might be material to the underwriting decision of the insurance placement. Such an act is called 'material non-disclosure' and will give the insurer the right to deny liability in the event of a loss.
What is 'Time on Risk'? | What is Pro-rata Addition/Deletion? This is the period of time that underwriters are actually on risk. For example, on an annual policy, Time On Risk is 365 days. If the insured should cancel the policy, the Time On Risk is the period from inception until date of cancellation. The insured would usually be eligible for a pro-rata return premium. Therefore, the insured should be able to delete and add horses on a pro-rata basis.
What is the importance of stating the Insurable Interest? The insured must state the percentage of ownership interest the sum insured represents. If he states that he owns 100% of the horse and, in the event of a claim, it turns out he only owns 50%, then he could be denied full coverage of the claim. Also, if he is insuring his and other peoples' interests, then he must state each owner's name and the total interest. The 'First Named Insured' on the policy is the person who is responsible for paying 100% of the policy premium and is the only person the underwriters will communicate with in the event of a claim. In the event that an owner sells part of the horse to others, this must be reported immediately to the agent or coverage could cease. New partners can be added by endorsement as additional owners or the insured can reduce his interest and additional owners may insure on their own policy.
What is the significance of the Territorial Limits? Normal policy limits are within USA and Canada. If the insured wishes to extend the limits to worldwide or Europe, he will need to notify the agency for approval prior to relocation and an additional premium may be charged.
Emergencies / Claims / Checklist
Thank you for insuring with Yearsley Bloodstock Equine Insurance and please find the following important information:
WHO TO CALL IN CASE OF EMERGENCY:
· Ketch Claims Adjusters @ (800) 732-6012 – If after hours, please follow the emergency line prompt.
· Yearsley Bloodstock Insurance @ (800) 391-1993 / (859) 219-2100 Office – If after hours, please follow the emergency line prompt.
Emergencies & Claims
· Emergencies or Claims - immediate notice of illness or injury must be given to claims adjuster listed and to us.
· Euthanization - Permission must be obtained to euthanize an insured animal. In extreme emergency situations, consent to euthanize is not required if it is not possible to report at the time and an attending veterinarian states that immediate euthanasia is necessary to prevent inhumane suffering.
· Emergency Surgery - In the event of emergency surgery (necessary to save the life of an animal) and there is not sufficient time to call the claims adjuster or agent, permission is not necessary. In this event, notice within a reasonable period of time is required.
Please Do:
· Report emergency or loss immediately.
· Contact your veterinarian immediately.
· An autopsy and postmortem examination at the owner's expense must be obtained
(do not remove animal from premise prior to autopsy).
· Call police in case of theft shooting or vehicular involvement and do not neglect a
police report if needed.
Please read this checklist:
Gelding a horse - you must obtain permission in advance (not to be withheld).
Elective Surgery - you must obtain permission in advance.
Permission for elective surgery must be obtained in advance.
Pre-existing conditions must be disclosed before insurance coverage goes into effect.
The animal must be healthy at the inception date insurance.
Proper medical care must be given to all insured animals.
Nerving a horse without notice and consent will result in loss of coverage.
Medications must be given by a qualified veterinarian or experienced person under the direction of a qualified veterinarian.
Entry of an animal in a claiming race or a lower valued claiming race will reduce the amount of coverage.
Please call these procedures to the attention of anyone having care, custody or control of the insured animal/s.
Please be aware of your territorial limits.
Please Note: Failure to comply with the policy terms and conditions could jeopardize your coverage.
If in doubt or for further information, please call us! Thank you.
Resources
Forms
Links
News / Press
Just For Fun
Payments
Thank you for being a Yearsley Bloodstock Insurance customer.
Please find the following convenient payment options:
Pay by Check and mail to:
Yearsley Bloodstock Insurance
3070 Lakecrest Circle
Suite #400-252
Lexington, KY 40513
Pay by credit card: Please find attached form for your completion. Please complete, sign and fax to our office administrator, Beth Hummel - fax (859) 219-1178. If you have questions please contact Beth at (859) 219-2100 or bhummel@yearsleybloodstockgroup.com.
No fee for credit card payments for $5,000 and under. A processing fee will be charged for any fees over $5,000. Please inquire.
Pay by wire: You are welcome to pay at any local US Bank, which are conveniently located in many cities or City National Bank which is conveniently located in Los Angeles. Please ask our office administrator, Beth Hummel, for the wiring information.
Thank you for your business!
Location
Mailing Address:
3070 Lakecrest Circle
Suite #400-252
Lexington, KY 40513
Office Location :
861 Corporate Drive
Suite #205
Lexington, KY 40503
Email: insurance@yearsleybloodstockgroup.com
Phone (859) 219-2100
Fax (859) 219-1178
Hours of operation: 8 a.m. to 6 p.m. M-F EST
EMERGENCIES: In case of emergency, please call the Lexington office and follow the prompts to contact our emergency claims line. You must provide immediate notice to us if your horse becomes injured or is sick.
Toll Free: (800) 391-1993
http://www.yearsleybloodstockgroup.com
Additional Information
Los Angeles Office
Phone (310) 306-7800
Fax (310) 306-2222
Hours of operation: 9 a.m. to 5:30 p.m. M-F PST
Click on the map for a Mapquest.Com map.
