What is the story about?
What's Happening?
Hub International Ltd. has launched HUB Livestock Insurance in Canada, offering specialized coverage for the livestock industry. The product includes sub-programs for equine, poultry, dairy, and cattle, addressing risks such as mortality, disease, and theft. The insurance aims to close coverage gaps and enhance the resilience of livestock operations. Developed with Specialty Program Group Canada, the product reflects Hub's commitment to providing innovative solutions for the agricultural sector.
Why It's Important?
The launch of HUB Livestock Insurance addresses a critical need for specialized coverage in the livestock industry, which faces unique risks not covered by standard policies. By providing targeted protection, the insurance helps farmers manage financial risks associated with livestock operations, enhancing their long-term resilience. This development highlights the importance of tailored insurance products in supporting the agricultural sector, ensuring that farmers have the necessary tools to protect their investments and livelihoods.
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