The Trupanion pet insurance company has raised $9 million in financing, with funding coming primarily from the Highland Consumer Fund, but also from Maveron, a venture capital firm from Howard Schultz. The insurer provides pet coverage to owners in Canada, Puerto Rico, and the United States. It provides coverage for 90 percent of medical care from a veterinarian should the protected pet be injured or fall ill. Premiums for a mixed-breed dog at three years old are typically around $40 per month. Trupanion explained that it intends to use the…
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Could pet insurance become the bread-and-butter of insurance agents
Pet insurance is a growing segment of the insurance marketplace and some agents are starting to wonder if it may be the next gold rush. That said, experts in the industry are warning agents not to hop aboard too quickly, as this is a specialized segment of the insurance market and it is important to know this niche in the industry very well in order to be successful. Pet insurance is a form of health insurance for animals. It involves the payment of premiums in order to be able to…
Read MorePet insurance now available through Capital Blue Cross
Capital Blue Cross, a major health insurer based in Harrisburg, has announced that it will start selling pet insurance. Officials from the company believe that this act will make Capital Blue Cross the first insurer to offer pet insurance policies. The program will be managed by PetPlan, a company based in Philadelphia. Stacy Balaban, the strategic development director for Capital Blue Cross explained that many Americans think of their pets as members of their families, so it makes a lot of sense to offer a new program such as this…
Read MorePets Best Insurance holds contest to bring awareness to National Pet Health Insurance Month
It is National Pet Health Insurance Month in the United States and in order to recognize it and bring awareness to it, Pets Best Insurance is holding a “Freaky Friday” contest which will honor the pet emergency or pet accident stories that are the “freakiest”. Pets Best Insurance was founded by Dr. Jack Stephens, an expert in the industry and the founder of American pet health insurance. A winner will be selected for every week throughout the month and will receives a gift certificate worth $50 of product from the…
Read MorePets Best Insurance approved coverage for several international claims
Pets Best Insurance, an insurer for dogs and cats, has recently paid for a number of international claims, which has permitted their policyholders to sleep easy in the knowledge that their beloved companion animals still qualify for their coverage when they are traveling outside of their country of residence. This includes Pets Best Insurance among only a small number of pet insurers who will offer this international protection to pet owners. The primary regulation regarding this coverage is that the policyholders must reside within the United States in order to…
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