- What is Pet Insurance? Pet Insurance is
very
similar
to human health insurance which offers a range of programs tailored to
suit the needs of domestic pets. While pet insurance remains a
relatively underdeveloped product in North America, with less than 1%
of all pets being insured, European levels of insured pets range from
12% to 50%.
- Why do I need pet insurance?
Advances in
the
field
of animal medicine have been exponential in past decades allowing
veterinarians to successfully treat conditions that were previously
considered untreatable. However with these advances comes an escalating
cost of veterinary care. It is estimated that North American pet
guardians now spend over $10 billion a year on healthcare for their
pets.
- What levels of
illness should I expect? One in three pets
will
need
emergency veterinary treatment every year. Two out of every three pets
experience a significant health problem
during their lifetime.
|