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Bloodstock insurance covers individual horses or a number of horses beneath frequent ownership. Coverage is typically for mortality on account of accident, sickness or disease but may lengthen to incorporate infertility, in-transit loss, veterinary fees, and potential foal. India’s life insurance sector is the largest on this planet with about 360 million policies that are expected to increase at a Compound Annual Development Rate (CAGR) of 12-15 per cent over the following 5 years. The insurance business plans to hike penetration ranges to five per cent by 2020”.

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