[QUOTE=roseymare;8478189]
Got it the insurance is not about keeping fertility, it is as to wether he has it or not.
I would think this type of policy will eventually phase itself out.[/QUOTE]
This, I don’t think so. IMO, it is there to protect the insurance company against fraud by insuring a breeding stallion only to find out that it was a well hidden secret the stallion wouldn’t cover or impregnate the mare…
Coolmore America: We just got this fancy new stallion, American Pharoah. We want to insure him as a breeding stallion.
Insurance company: Ok. Far as you know, he has no reason to not be able to cover or impregnate a more, does he?
Coolmore: Nope
Insurance company: Got it, he’s insured.
Insurance company doesn’t want it coming out at this point that it was “known” that he couldn’t get mares pregnant as they would still have to pay out. I’d call this insurance fraud. I am sure a very, very simplified version of what happened and maybe not even close to an accurate representation.
The timing of actually covering a mare, test or not, is really to protect the insurance company against an expensive policy on a horse with a known problem (preexisting condition as it were).
Once he’s covered with no known problems, then if there is a problem, insurance would pay out and take possession of the horse (I think that was Cigar that happened to).