Wednesday, January 16, 2008

More Employers Offering Pet Insurance

Found an interesting article on MSN about pet insurance being offered by employees. You can find the full article at

According to the article "Veterinary Pet Insurance, the nation’s largest pet insurer, saw its corporate accounts balloon from 15 to 1,600 in the past six years. About 15 percent of Veterinary Pet Insurance’s policies, or about 50,000, now come from its corporate accounts."

"The growth of this perk comes as pets occupy an increasingly prominent place in the American home. According to the American Pet Products Manufacturers Association, pet owners spent an estimated $9.8 billion on veterinary care in 2007, up from $7.1 billion in 2001."

However, only about 2% of pets right now are insured. That number is expected to rise as more and more companies look into offering pet insurance for their employees.


jan said...

With veterinarian costs escalating because of advances in the technology, this looks like a good thing for employers to offer.

kailani said...

I think this is such a great idea! Pets are like part of the family and their medical costs are just as much if not more than humans. I wish my company had something like this!

Pet Insurance Discount said...

This is a brilliant idea. Some people are sceptical about pet insurance but if it's coming as a company benefit, they'll probably get it and realise how valuable it can be when it comes to visit the vet!

For pet insurance companies, it's another way to extend their reach.

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