Pet insurance remains unpopular despite rising vet costs

Pet Insurance

The expense associated with companion animals health care is growing, but many owners don’t buy coverage. It wasn’t very long ago that veterinary costs were quite affordable and pet insurance was relatively unnecessary, as the health care that was provided to animals was relatively limited and somewhat low-tech. Times have rapidly been changing and the cost of providing health care to animals has been skyrocketing. As a growing number of people consider their animal companions to be nothing less than furry family members and expect them to be able to…

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Pet insurance is among the most rapidly growing benefits for workers

Pet Insurance

New research is revealing that this is one of the latest and most popular added perks offered to employees. Along with the strengthening of the American economy comes a boost to the benefits packages that employers are offering their workers, and among the most rapidly growing trends at the moment is the inclusion of pet insurance in the mix. This is a leading voluntary benefit in terms of growth and the trend doesn’t appear to be slowing. Among Fortune 500 companies, one in every three is currently offering pet insurance…

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Pet insurance report shows large growth in U.S. market

Over the last five years, the sector has expanded despite the economic downturn. IBISWorld has now released its latest U.S. Industry Market Research Report, which provides details as to the progress of the pet insurance sector over the last five years. What it has indicated is that there has been notable growth among insurers and consumers. Over the last five years, according to the report, the pet insurance industry grew very rapidly, continuing its expansion regardless of the direction of the economy as a whole. It is a clear reflection…

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