Japanese pet insurance market takes off due to high vet costs

Japanese Pet Insurance - Man with Cat in Japan

Veterinary bills are on the rise in Japan, sending dog and cat owners to buy policies to help cover expenses. Considerable advances in veterinary care have helped dogs and cats to live longer, boosting the Japanese pet insurance market well beyond where it was only a handful of years ago. Longer lives and improved veterinary care has sent the price of pet health care skyward. Since veterinary care now comes with a higher expense, Japanese pet insurance policies have taken off. The reason is that dog and cat owners are…

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Pet insurance helps employers please workers through coverage for furry family members

As an acknowledgement to the importance of the role pets play in the lives of their owners, employers seeking an affordable way to please their workers are increasingly offering pet insurance, which helps those employees with the rising cost of animal health care. Newly released research from John Lewis Pet Insurance has shown that among pet owners of cats and dogs, 6 percent have created social networking profiles for their companion animals. The survey included 2,003 pet owners in the United Kingdom, who revealed that their pets had profiles on…

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