Elders’ Livestock in Transit Delivery Warranty gives vendors and buyers peace of mind knowing they are protected against loss, due to death of your livestock while in transit.
If the livestock are not delivered alive (or require humane euthanasia), you’ll receive compensation for the value of the stock lost, as well as any associated recovery and disposal costs.
What does it cover?
- Accidental death during transit by road, rail or foot (for example: due to heat stroke, suffocation or vehicle accident)
- Slaughter for humane reasons due to injuries sustained in transit
In addition, you can claim veterinary expenses for humane treatment, up to $20,000 in associated recovery costs and up to $20,000 for clean up and disposal costs.
For vendors, cover starts when livestock enter the loading ramp of transport vehicle until fall of hammer at auction or agreed delivery point if private sale.
For buyers, cover starts from fall of the hammer until livestock leave loading ramp at delivery point.
Please note: you must purchase or sell the livestock through an Elders agent.
How much does it cost?
Livestock in Transit Delivery Warranty is a small investment for peace of mind. For either vendor or buyer, the warranty fee is calculated as 0.45 per cent of the transaction value, excluding GST.
This equates to just 45c for $100 lamb, or $4.50 for a $1,000 steer.
Are there any terms and conditions?
The Livestock in Transit Delivery Warranty is subject to terms and conditions. Read the full terms and conditions.
How do I sign up?
Simply speak to your Elders stock agent or local branch to opt in. Once opted in, you’ll be covered for all future loads.
The warranty costs will be automatically deducted from your transactions and will be itemised on your Elders Trading Account invoice.
What if I need to make a claim?
Simply notify your Elders representative of the livestock deaths within 48 hours of an incident. We will confirm details of the loss with you, calculate damages payable and compensate you accordingly.