An insurance policy providing coverage for losses due to the death or injury of livestock. Livestock insurance generally covers accidents, acts of god, thefts and so forth. https://igiinsurance.com.pk/pr....oducts/livestock-ins
Significance of livestock insurance?
Buying livestock animals involves a large investment on the part of the farmers. Death of animal that may result from an accident or illness or disease can lead to a significant loss which can be difficult to bear financially. Farmers can protect themselves against the loss of valuable animals by purchasing livestock insurance.