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Pet Insurance Tips

Pet insurance and Care Credit

Posted on 11 Sep 2015 In: pet insurance

Pet insurance and Care CreditNews from Tampa Bay Newspapers:Have your finances ever restricted veterinary care decisions? Our pets look to us for everything and when finances prevent us from giving them the very best medical care, the result can be heart breaking.Veterinary Pet Insurance and Care Credit are two very helpful options when confronting the cost of a veterinary bill. I have worked in the veterinary field for 18 years, and I know that these two options have provided financial and emotional relief for many pet parents when helping their sick or injured pets.Pet [...] Continue Reading…

I used to think pet insurance was a ripoff. Here’s why I changed my mind. – VoxNews from I used to think pet insurance was a ripoff. Here’s why I changed my mind. – Vox:
There are few things I love more than my dog Spencer. He is a goofy, adorable 25-pound rescue beagle from West Virginia. He is always excited to see me. And he rocks a lobster costume like no other canine.

Spencer does not enjoy his lobster costume nearly as much as I do. (Sarah Kliff/Vox)

Spencer is also a horrific sinkhole for money. [...] Continue Reading…

Should You Spring for Pet Insurance? -

Posted on 27 Apr 2015 In: pet insurance

Should You Spring for Pet Insurance? -News from Savings Experiment – DailyFinance:
We all love our pets, but when your furry friend gets hurt or sick, the medical expenses can be more than your budget can handle. Here we help you determine whether pet insurance is worth the investment.Let’s start with the three different types of coverage you can get. Accident coverage is the most common and every pet health insurance company should offer this, regardless of your pet’s age. Meanwhile, illness coverage is more limited and becomes more expensive as your pet gets older. [...] Continue Reading…

Is It Worth Taking Out Pet Insurance?

Posted on 27 Apr 2015 In: pet insurance

Is It Worth Taking Out Pet Insurance?News from Nasdaq:
The North American Pet Health Insurance Association notes that the pet healthcare industry costs pet owners an astronomical $ 15.25 billion per year, over a fourth of the total $ 58.5 billion spent annually by pet owners.

With over 179 million documented pets in America and Canada alone, pet insurance is on the rise. Although only about one in every 200 pets carries coverage, the industry is growing at an average 13.2 percent a year.
Pet insurance comes in a variety of options, from basic offerings [...] Continue Reading…

Pet Insurance in the US Industry Market Research Report from IBISWorld Has …News from Benzinga:

Rising costs of veterinary care and mounting consumer awareness of industry offerings have led to growth in sales of pet insurance. For this reason, industry research firm IBISWorld has updated a report on the Pet Insurance industry in its growing industry report collection.
(PRWEB) April 17, 2015
Despite accounting for only a marginal portion of the broader Property, Casualty and Direct Insurance industry, rapidly increasing consumer awareness and acceptance of industry offerings has benefited the Pet Insurance industry substantially over the five-year [...] Continue Reading…

Solving the Pet Insurance Puzzle: 3 Questions Consumers Need to AskNews from Benzinga:

From deductibles to pre-existing conditions, Petplan shares advice for pet parents
Newtown Square, PA (PRWEB) April 13, 2015
It’s no secret that pets are a part of the family; Americans spent an estimated $ 58.5 billion keeping them happy and healthy in 2014.* With veterinary care being the second highest annual expense people face, many are turning to pet insurance to help ease the financial burden. Pet parents are more aware of pet insurance now than ever before thanks to organizations like AARP, [...] Continue Reading…

Is Pet Health Insurance Worth It?

Posted on 11 Apr 2015 In: pet insurance

Is Pet Health Insurance Worth It?News from Newsmax:Healthcare costs for Fido or Fluffy can rival those for human patients. But is pet health insurance the way to go?Consumer advocates say numerous factors should be taken into consideration, if you’re thinking about going with a pet insurance policy, Fox News reports in an analysis of the pros and cons.For instance, certain breeds have higher health risks and may cost too much to insure. Others may be prone to costly healthy chronic conditions that would be best handled by insurance.The bottom line: Pet insurance is not [...] Continue Reading…

PAWS AND REFLECT | Know what you’re getting with pet insuranceNews from Madison Park Times:

A question that I hear quite frequently from clients is whether pet insurance is worth it. The answer to this question is not really black-or-white, however. There are a lot of factors that can go into your decision to purchase a pet insurance policy.

Of course, you can expect that your pet will require veterinary care during its life, with regular checkups, vaccinations, flea prevention, fecal testing, etc. But what if an emergency pops up out of the blue? Or your [...] Continue Reading…

Medica Fetches Distributor Role for Pet Insurance via Agreement with Pets BestNews from Insurance News Net:
MINNETONKA, Minn. & BOISE, Idaho–(BUSINESS WIRE)– Beginning today, dog and cat pet parents have a one-stop shop for health insurance for all members of the family. Medica, a leading regional provider of individual and family insurance based in Minneapolis, and Pets Best Insurance Services, LLC (Pets Best), a leading U.S. pet insurance brand, have joined forces to offer a convenient way to learn about insuring cats and dogs.
Medica now can refer interested pet parents to Pets Best for a policy. Pet [...] Continue Reading…

UK Pet Insurance Industry Examined by Timetric in In-demand Market Research …News from Insurance News Net:
London, UK (PRWEB) April 03, 2015
Notwithstanding the deep recession and a decrease in household incomes, demand for pet insurance remains strong in line with advancements in veterinary treatment and surging veterinary fees. Household spending on veterinary care grew by 22.2% during 2008-2012. Despite fast-paced growth, pet insurance market penetration was low, with close to 46% of dogs and 66% of cats left uninsured as of 2012, lelading to enormous potential for providers of new products. The hike in fraudulent [...] Continue Reading…

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