The ROA’s third party liability scheme for members has been enhanced to include cover for owners of Thoroughbred broodmares and youngstock. Cover will apply to owners of foals, weanlings, yearlings or stores being kept solely for the purposes of rearing within the insured definition under your members third party liability scheme.
The cover has been tailored specifically for the ROA by Weatherbys Hamilton for the racehorse owner who is also an amateur breeder. It will not apply where the ownership of breeding stock is professional or a business and will apply only where there is no more specific insurance in existence (as the current scheme terms).
Charlie Liverton, ROA chief executive, said: “Our recent survey of members showed the number involved in breeding and we are delighted that Weatherbys Hamilton have been able to offer this valuable extension to our policy without any additional cost to members.”
Weatherbys Hamilton have produced a simple Question and Answer sheet for more information:
Amateur Breeders extension FAQ.pdf
Whilst Johnny McIrvine of Weatherbys Hamilton outlines the benefits of the new Insurance below: