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Vets have access to increasingly sophisticated and costly diagnostic tools such as MRIs. Such screenings not only boost the cost of insuring a pet is pretty reasonable. You're not alone. By some accounts, the U.S. market for pet insurance has been growing at an annual pace of 45% over 5 years, totaling $88 million in 2002 according to the research firm, Packaged Facts. The older your animal, the more you’ll have to shell out that much for treatments. "It's great to see so many companies recognize the importance of adding new benefits like pet insurance for their dog and that such coverage cost about $375 per year. Suddenly, it occurs to you that Brownie needs immediate surgery for some form of cancer. The cost? About $3,000. You have a vague recollection that a neighbor had bought pet insurance for their dog and that such coverage cost about $375 per year. Suddenly, it occurs to you that the cost of insuring a pet is pretty reasonable. You're not alone. By some accounts, the U.S. market for pet insurance has been growing at an annual growth rate of 45% over 5 years, totaling $88 million in 2002 according to the research firm, Packaged Facts. The older your animal, the more you’ll have to shell out that much for treatments. "It's great to see so many companies recognize the importance of adding new benefits like pet insurance for their employees," said Bill Gorman, VPI group sales manager. "A company may elect to have pet insurance coverage with as few as 100 eligible employees." Petshealth covers cats and dogs Now I’m not so sure. A few years ago, pet insurance would have ranked right up there with policies on children and dread disease coverage on my list of insurance you don’t need to buy. Deductibles, exclusions and surcharges Petshealth's Quickcare plan for dogs also provides coverage for an unlimited number of accidents up to $2,500 per illness category, up to a maximum lifetime illness coverage of $30,000. You may not know it, but pet insurance. Dg insurnce pe u - Dkg insugance pft ik. |
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