Insurance Fact Sheet
Whether you are a lesson student, pleasure rider, competitor,coach, horse owner, equine professional, or involved with horses in any way, OEF member benefits provide protection for you!
IMPORTANT NOTICE - READ THIS PLEASE!
DEAR MEMBER,
As the insurance broker to the Ontario Equestrian Federation and all of its members, I would like to bring your attention to some important information related to the insurance benefits you receive through your membership.
First and foremost, we know that members are best served if questions related to the insurance coverage automatically provided and / or regarding the availability of discounted rates for HORSE MORTALITY, FARM PROPERTY, COMMERCIAL GENERAL LIABILITY, AUTO, HOME INSURANCE (and other products) are best directed to the source of the coverage - INTERCITY INSURANCE SERVICES INC.
A FEW QUICK FACTS ABOUT YOUR COVERAGE
IF YOU, THE MEMBER have paid your annual membership dues and are therefore in "good standing" with the OEF, YOU, THE MEMBER are provided with TWO important and separate insurance benefits AUTOMATICALLY;
1. $5,000,000 of PERSONAL LIABILITY insurance that WILL protect YOU, THE MEMBER if YOU, THE MEMBER are SUED by a third party because a horse that YOU, THE MEMBER own or lease causes PROPERTY DAMAGE OR BODILY INJURY TO A THIRD PARTY.
A few examples of situations where YOU, THE MEMBER, HAVE COVERAGE;
Example 1. The horse kicks or bites someone causing bodily injury
Example 2. The horse kicks a car or escapes on to a neighbour's land causing property damage
Example 3. "Someone else" is holding your horse and the horse causes property damage or bodily injury to a third party.
Example 4. The definition in the policy regarding "who is an insured" now INCLUDES immediate family of the member, when the membership is issued in the name of a JUNIOR member - this means if the child or the junior owns the horse, then parents are AUTOMATICALLY COVERED!
The policy is IN FORCE 24 hours a day, seven days a week, anywhere in the world. So if you board your horse elsewhere, keep your horse at home, go for a hack down the road YOU, THE MEMBER are covered.
The policy will provide liability protection regardless of the number of horses you own or lease and IS NOT ATTACHED TO ANY DESCRIBED OR INSURED HORSE(S).
a) The insurance policy DOES contain an EXCLUSION if your horse is used for COMMERCIAL purposes. This means that if you receive compensation for the use of your horse - (e.g. "money" or "trade of value" for riding instruction, or reduced board for the use of your horse by someone else in a lesson) this policy will NOT respond.
b) The insurance policy DOES contain an EXCLUSION related to claims that could be brought against you, IF you allow others to RIDE your horse (in some cases). If you do allow others to RIDE your horse, then be sure that the person RIDING the horse is also a member of the OEF OR is employed in whole or in part in the horse business (coach, trainer, groom etc.). If the person RIDING your horse meets either of these criteria, then YOU, THE MEMBER ARE COVERED.
c) The insurance policy DOES contain an EXCLUSION related to claims made between immediate family members. (e.g.- the parent/spouse of a member will not be covered by this insurance if their own child / spouse sued them)
d) Part of the liability coverage provided through membership addresses the exposure that could arise IF YOU, THE MEMBER transport (TRAILER) a horse that DOES NOT belong to you (in a non-commercial situation). If that non- owned horse were injured as a result of your negligence and IF that other person decided to sue you for compensation for their loss, the OEF policy will respond - up to a limit of $5,000 for any one horse. Please note - this is NOT commercial horse transport insurance and is NOT life insurance for the horse being transported this is liability insurance to protect you if you are sued by a third party.
e) Coverage as provided by this program is subject to a deductible of $1,000.00 for Property Damage claims.
2. $30,000, Accident, Death or Dismemberment coverage if YOU, THE MEMBER suffer a catastrophic and permanent injury (or death) related to an incident where horses are involved. This coverage is in force 24 hours a day, seven days a week, and covers the member anywhere in the world.
PLEASE NOTE: There is NO FRACTURE benefit or DENTAL benefit related to this AUTOMATIC coverage.
If you require more comprehensive and individualized coverage, please contact me and I will be happy to assist you. We have a life, health and disability broker available to all members who is quite familiar with the nuances of the sport of horses.
I trust that this information will help you recognize just some of the very real benefits of membership. The OEF and its Board take the insurance benefits provided to you very seriously (as we do) and Intercity Insurance Services is very proud to be associated with this group.
A final note that we want to share with you is the fact that Intercity Insurance Services Inc. has recently been awarded a FIVE-YEAR commitment from the OEF to continue as the EXCLUSIVE insurance provider. This unprecedented commitment means that our brokerage has been recognized as providing a superior service to ALL members and also means that we must (and will) continue to provide information and products of value.
If you have ANY questions related to the insurance that Intercity Insurance Services Inc. provides to you, I do hope that you will contact our office so that we may help.
HAVE A GREAT YEAR!
Michael A. (Mike) King,
Principal Broker and Owner
mking@intercityinsurance.com 15221 Yonge Street Aurora, ON L4G 1L8
(905) 841 - 8200 or 1 888 394 - 3330 www.intercityinsurance.com
