It is interesting that Feedlot & Pasture Cattle Insurance is available for losses such as these but Producer\’s are either unaware or think it is too costly a Risk Protection investment. Coverage is for the death of the cattle due to smothering in a snowstorm. Other expenses do, of course, need government assistance but coverage for this type of loss is available in the private sector.
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It is interesting that Feedlot & Pasture Cattle Insurance is available for losses such as these but Producer\’s are either unaware or think it is too costly a Risk Protection investment. Coverage is for the death of the cattle due to smothering in a snowstorm. Other expenses do, of course, need government assistance but coverage for this type of loss is available in the private sector.