American Livestock Ins. Inc.

FOUR H AND F. F. A. CALF CLUB ACCRUAL PLAN

There are available two coverages which will automatically insure original cost and accruing value.

PLAN NO. 1 - Six Month Accrual Plan Original cost of each calf is insured at 5% ($5.00 per $100.00) this being the only premium paid by the insured. Accruing values are covered through an automatic increase in insured value of 10% of original cost each month the policy is in force up to and including five such increases.

PLAN NO. 2 - Twelve Month Accrual Plan Original cost of each calf is insured at 9% ($9.00 per $100.00), this being the only premium paid by the insured. Accruing values are covered through an automatic increase in insured value of 10% of original cost each month. In this manner, the premium paid out for accrued value coverage averages out lower than the normal annual premium of 6%a. By the twelfth month insured value of the calf has increased to slightly more than double the original cost. This is mortality, all risk insurance that includes transportation and exhibition. In case of death loss, indemnity will be original cost plus 10% of original cost for each month policy has been in effect.

RATES

Transportation, exhibition and all normal usage of the animal is included in each policy. Loss, directly or indirectly, due to animal(s) giving birth prematurely or otherwise, shall not be included unless insured on a policy written for a period in excess of two months.

Printable Application Form

AMERICAN LIVE STOCK INSURANCE COMPANY

HARDING & HARDING, Inc., Agents
200 South Fourth Street - P.O. Box 520 Geneva, Illinois 60134-0520
PH: 630-232-2100
FAX: 630-232-2292

Livestock Mortality Insurance Covering Death from Accident or Disease

A+ SUPERIOR is the rating given to the American Live Stock Insurance Company by A. M. Best Co., an independent national rating organization.

IMPORTANT

1. Livestock mortality insurance is written for the purpose of protecting the actual investment of the livestock owner, not potential gain or profit.
2. A mortality policy cannot be construed in any way as a maintenance coverage; it does not include veterinarian or similar expenses.
3. Indemnity is payable only as a result of death loss.
4. Mortality coverage does not indemnify an insured against loss of an animal's ability to perform the
functions for which it is kept.
5. Death from natural or accidental causes is included but mandatory slaughter by governmental authority or decree, or for expediency is not included.
6. The basis for valuing an animal should be actual sales price or fair and conservative appraisal by competent judges when no actual sales transaction has taken place. These values shall be subject to acceptance by Company.
7. Mortality insurance is renewable only on evidence of reinsurability, both as to physical condition and market value.
8. Cancellation may only be effected by the insured, or by the company on notice given in conformation with whatever existing laws govern for the address of the insured as shown on policy. Short rate basis if ordered by insured and pro rata basis if by the Company.
9. Policies may not be transferred from one insured to an-other unless agreed to through endorsement by Company, nor may cover be switched from one animal to another unless agreed to by Company.
10. Applicants subject to acceptance by Company.

$75 minimum premium per policy