Lloyds Banking Group has announced that it will be shutting down its division for pet insurance, leaving tens of thousands of animal owners without any coverage for their pets’ veterinary care. Lloyds TSB and Halifax have both sold pet insurance policies for a number of years and currently provide coverage for approximately fifty thousand animals. However, the owner of both brands, Lloyds Banking Group, has decided that it will no longer take part in that market. A spokesperson from the company has explained that it has performed a thorough review…
Read MoreTag: pet insurance news
Australian grocery chain,Woolworths, adds life and pet insurance to their offerings
The Woolworths supermarket giant has just announced its intention to offer a number of new insurance products, which will include life insurance and coverage for pets. George Hughes, the head of insurance at Woolworths, said that the company has had intentions to extend its financial services branch, and that it is now doing so with its new addition of the various insurance products. Hughes released a statement to complement the Woolworths announcement, that said that “We intend to have a long-term presence in the insurance sector, with the ability to…
Read MoreChubb Insurance Group expands coverages for auto policies
The Chubb Group Insurance will be adding to, and expanding, aspects of their automotive policies. Customers in four states can now take advantage of pet coverage that was added to their auto policies. The additional coverage will help to pay for medical treatment the pet may require if it is in the vehicle when the owner is involved in an accident. The Chubb Group is also raising the limit on loss-of-use coverage, and broadening the lease (GAP) coverage. Additionally, they are adding replacement cost coverage on new vehicles; if an…
Read More
