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ROA expands popular benefit

Weatherbys-Hamilton-logo-newsThe ROA has expanded its popular third-party insurance scheme which provides members with cover against potential damages if their racehorse causes damage or injury to a third party or their property.

This insurance now includes, at no additional cost to members, cover for Thoroughbred broodmares and youngstock. The cover applies to foals, weanlings, yearlings or stores being kept solely for the purposes of rearing within the insured definition under the third-party liability scheme.

Charlie Liverton, ROA chief executive, said: “Our recent survey of members showed many owners are also small-scale breeders so we’re really happy Weatherbys Hamilton have been able to offer thisvaluable extension to our policy without any additional cost to members.

“The insurance benefit always ranks highly in member surveys as members would be hard-pressed to find a comparable premium for the cost of their membership; so for many members it’s their primary reason for joining.”

Jonny McIrvine, Partner at Weatherbys Hamilton said: “We are delighted that we have been able to extend the Third-Party Liability scheme to include the hobby breeder and further enhance the ROA members’ benefits, something I know that Charlie and his team are working so hard to do.”

The ROA has continued to enhance its member benefits over the last few years, including expanding it’s free raceday admission schemes to include all members and taking over the funding the owner-sponsorship scheme.

Cover 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).

4 June 2019

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