BDI
BDI Compensation Rates for 2009
The rates of compensation for property insured are:-
British Standard Brood Frame £1:90
All other Brood Frame sizes £2:70
British Standard Shallow Frame £1.40
All other Shallow Frame sizes £2:00
Crown Board £11.30
Glass Quilt £14.50
Saleable Honey (30lb maximum) £1.50/lb
Plastic Queen Excluder £4.00
Open Mesh Floors £10.00
Wire Queen Excluder £14.50
Slotted Steel Queen Excluder £6.00
Subject to Condition - Excellent/As New, Good, Poor. No other property will be paid for i.e. hives are not covered. You must be insured for all colonies owned at the time of inspection otherwise any payments made will be void.
If two or more claims have been made in the previous two years compensation will be reduced by 25%. If three or more claims have been made in the previous three years compensation will be reduced by 50%. The maximum compensation payable is £2,000 in any one year of insurance.