Governor Tate Reeves has signed the animal health coverage bill into law. Mississippi Governor Tate Reeves recently signed a pet insurance bill, making the state the second in the country to do so. It will go into effect on July 1. The purpose of the law is to make it possible for agents to sell the policies to their customers. Pet insurance agents will be able to sell the policies to customers who want coverage against expenses associated with unexpected injuries and illnesses in their animals. According to a recent…
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Thinking about buying pet insurance and want to know a little more about this subject. Many people are opting for this type of plan in the United States as well as abroad.
Washington state introduces new rules for pet insurance providers
A new law will require that insurers adhere to stricter regulations when covering animals. Washington state has passed a new law that will require that pet insurance providers to comply with stricter rules. These new rules will include establishing a new standard to define precisely what a pre-existing condition is if an insurer intends to use it to deny a claim. Vagueness in definitions of terms such as pre-existing conditions will need to be clarified. Washington Governor Jay Inslee recently signed the coverage clarity bill into law, explaining that this…
Read MorePet insurance is becoming more popular. Here’s why!
A combination of several factors has come together to make this coverage far more appealing. Pet insurance has seen a steady but rather slow growth rate in the United States, even as countries in other parts of the world, such as Europe, have been purchasing it much more quickly. That said, the trend in the US appears to be speeding up, and there are a number of reasons to explain it. As inflation sends the cost of food and other necessities upward, many Americans are seeking relief. This has included…
Read MoreSome consumers are adding pet insurance to winter preparations
US animal owners are increasingly purchasing health coverage for their cats and dogs this season. Though pet insurance can provide financial protection to dog and cat owners at any time of year in case of an illness or injury, this year, purchasing coverage has become a bit of a winter prep trend. This time of year is among the most hazardous to cats and dogs due to weather and celebrations. For years, pet insurance companies have issued animal safety recommendations to cat and dog owners in the hopes of helping…
Read MorePet insurance customers often don’t realize they have this coverage
Many animal owners would see even greater value in the policies they already have if they knew. Pet insurance policyholders know that when they purchase this coverage, they are helping to make sure they don’t have to cover the entire expense related to many potential health issues a cat or dog could experience throughout their lifetimes. That said, many people don’t realize just how much coverage they really have. It’s common to think of these policies as quite the expense, but their value rises with understanding. Emergency veterinary visits are…
Read MoreSome times are better than others to buy pet insurance
The coverage offers a financial safety net for families with furry members, but there’s a learning curve. Millions of animal owners provide their furry family members with medical coverage by buying pet insurance, but knowing precisely when to make a purchase will determine just how much is paid for the coverage throughout the life of the animal. In the case of an unexpected need for veterinary care, this coverage can make a big difference. That said, it’s not uncommon for people to say that they would prefer to simply tuck…
Read MorePetline and NFP collaborate on new US pet insurance
The companies have come together to offer a new line of coverage products for animal owners to buy. The Petline pet insurance company has teamed up with leading property and casualty broker NFP to offer a new line of products to cover cats and dogs and give US animal owners peace of mind. The insurer has been active in the market since 1989 and describes itself as a leader in that category. The Petline flagship pet insurance brand, Petsecure, offers owners a spectrum of different solutions to fit the individual…
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