Annual policies are available to protect your investment in your horse(s).  These are usually referred to as Full Mortality Insurance and would provide payment in the event the insured horse died from accident, sickness or disease, or would need to be destroyed for Humane Reasons during the policy period.  The cost of this insurance is usually expressed as a percentage of the insured value of the horse, and generally runs between a low of 2.5% ($25 per $1,000 of coverage) to 4.5% or higher.  The rates applied vary according to the Breed, the Age, Value and the Use of the horse insured.  The basic policy can be enhanced with optional, extra­cost coverages such as Major Medical Insurance, Surgical Insurance, Stallion Infertility Insurance and others.