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Pet insurance for preventative care
The plans are available for dogs and cats age six weeks and older — with no upper age limit — and for birds age three months and older who have been in the owner's possession for a minimum of 60 days. Rabbits, guinea pigs, snakes and other common exotic pets must be at least six weeks old. You may not know it, but 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. Industry leader Veterinary Pet Insurance as a voluntary employee benefit, including companies as varied as The Weather Channel, GMAC, Navy Federal Credit Union, and Chipotle Mexican Grill, VPI said. Treatments once reserved for humans, from radiation therapy to kidney transplants, are currently available for pets. That means once-fatal conditions are now treatable at costs ranging from $1,000 to $5,000 or more. According to "USA Today," 30 percent of Americans have taken time off work to stay at home with a sick pet. This illustrates how strong the animal-human bond has become and how much people cherish their pets. Pet insurance is much more common in countries such as the United Kingdom, where over 12% of the pet insurance industry. American Demographics magazine estimates that 5% of American pet owners have the insurance, up from less than 1% in 1995. Insurers have teamed with the American Kennel Club and Petco Animal Supplies to offer the insurance, while several major employers now provide the coverage as an optional employee benefit. The policy will pay 90 percent of the 136 million dog and cat owners in the U.S. have pet insurance. Technical advances within the veterinary profession are providing more effective treatment options for sick or injured pets. Unfortunately, these new treatment options are expensive and can quickly rack up sizable veterinary bills for loving pet owners. Pet insurance as an employee incentive Petshealth's Quickcare plan for dogs also provides coverage for an unlimited number of accidents and over 6,000 illnesses with no maximum annual illness benefit restrictions.. Pe insuranc fr preventtive cae - Pft jnsurance tor preventatkve cars. |
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