July 28, 2020
September 11, 2019

Fedegán launches livestock insurance

The SEGUGAN product will cover bovines and buffaloes that move between farms, slaughterhouses, fairs, auctions, exhibitions and auctions.

Thanks to a new service from Fedegán, farmers will be able to protect their cattle when they are mobilized.

This is ’Livestock Insurance - SEGUGAN’, which is responsible for the total loss of its animals caused by events such as qualified theft or death from traffic accidents.

Said insurance, which came into effect as of the date, comes from the alliance made between Fedegán, the multinational HDI Seguros and the company Apptank Control Ganadero App.

According to the executive president of Fedegán, José Félix Lafaurie Rivera, “said protection favors livestock and becomes a comparative advantage for producers in this sub-sector of the agricultural economy, who are seriously hit by the insecurity that is registered on our roads. " Ranchers will have the opportunity to insure up to 20 animals per truck for a maximum amount of $ 24 million. Photo: Fedegán.

How do you ensure it?

  • The purchase of this insurance can be done very easily, through the 'livestock control' app, or on the website segugan.com.
  • It is essential that the producer have the mobilization guide issued by the ICA at the time of insure the animals.
  • The ranchers will have the opportunity to insure up to 20 animals per truck for a maximum amount of $ 24 million.
  • HDI Seguros will pay per lost animal a single value of $ 1.2 million and at the time of the claim does not carry out a value study for bovine, all are equal.
  • Likewise, the owner of the respective policy must cover a deductible of $ 100 thousand for each animal lost.

The transport

Another particular aspect refers to the means of transport, since the insurance company contemplates that in order to protect the semi-detainees, they must move in trucks of legally constituted companies, registered with the ICA for this purpose and authorized by the Ministry of Transport.

The insurance company will cover land destinations of three classes: national order, inter-municipal and urban routes.

Another advantage that SEGUGAN offers is that it is applied in the transfer of bovines that move between farms, slaughterhouses, fairs, auctions, exhibitions and auctions.

"In the event of a claim, the producer must be vigilant about two fundamental aspects: one is that he will have 3 business days to inform the insurer of the fact, and two, present the respective documents so that the affected or lost animals can be paid "Stressed the union leader.

He added that "without a doubt, acquiring the insurance will represent an added value for the ranchers, since it will promote a profitable and competitive activity in the face of market opportunities at national and international level."

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