Many pet owners struggle with the decision as to whether or not pet insurance coverage will be a good investment to protect their finances and ensure that their pets will obtain the veterinary care they require for the best quality of life. Unfortunately, a large number of Americans are already finding it challenging to be able to afford their own health insurance. This makes the decision even more of a struggle. Currently, there are almost one million North American pets covered by pet insurance. This may sound like a lot,…
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Hartville Group launches new plans for expanded pet insurance coverage
The Hartville Group, Inc., when considered with Petsmarketing Insurance.com Agency, Inc., its subsidiary, is among the oldest and the biggest insurers of pets in the United States, and it has just revealed that it will be expanding the ASPCA (American Society for the Prevention of Cruelty to Animals) Pet Health Insurance coverage. It will now be providing its policyholders with a 90 percent reimbursement for veterinary costs and for congenital and hereditary conditions that are included in its coverage, and it will offer higher limits per incident, among other improvements.…
Read MoreTrupanion pet insurance provides first product for nutritional supplement and therapeutic pet food coverage
The fastest growing and second largest pet insurer in the country, Trupanion, has announced that it is now offering coverage to pet owners for nutritional supplements and therapeutic pet foods that are designed to improve their pets’ health. This step makes the insurance company the first one to offer coverage for the use of these therapeutic and preventive efforts for pets when they are available exclusively through veterinary clinics and hospitals. These additional benefits will now be a part of the core coverage provided by the policies and are available…
Read MoreTrupanion pet insurer raises $9 million to improve customer service and widen sales force
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…
Read MoreCould 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…
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