February, 1998
Summary: In the current farm program of Insurance Services Office, coverage for livestock may be written under livestock coverage form FP 00 40 01 98. It provides for either blanket or scheduled coverage on insured animals. Like other forms, the livestock coverage form may be used to form a monoline policy (with common policy conditions and declarations) or it may be combined with other forms of the farm program in a multi-line policy. It may not be used if coverage for livestock is provided through coverage form FP 00 13 01 98, farm property—farm personal property coverage form. Following is a discussion of the current (01 98) livestock coverage form. Differences from the prior form are noted.
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