Employee Pet Insurance; Innovation in Social Package
Many Americans perceive pets as children who sometimes get sick, and going to the vet is not a cheap procedure. However, now employers help pet owners by offering pet health insurance as another benefit.
More and more owners are settling on pet insurance. So Rita Orrell brings her borster terrier Robi three times a week to radiation therapy. In August, 12-year-old Roby was diagnosed with a tumor near the tail. Fortunately, Orrel invested 8 years ago in pet insurance.
Insurance for dogs, cats and other pets is becoming increasingly popular. In 2016, almost 2 million pets were insured, which is 15% more than in the previous year. But this is just a small fraction of 144’s millions of pets in America.
Some companies from the list F Now they offer their employees insurance for their pets.
“From an employee perspective, pets have truly become part of the family. Just in the last few years, pets have moved from the backyard to the bedroom,” said Scott Leils, vice president and chief pet insurance officer.
Americans can buy an insurance plan for animals at their discretion, and it will cost more than $ 40 per month. Such plans usually cover accidents and illnesses, rather than a vet visit and vaccination.
Veterinarian Dr. Abe Van Beven says that insurance is vital when an animal suffers from a serious illness like cancer.
“This (treatment) starts at about $4 and goes up to $000,” he said.
It is expected that by 2019, pet insurance will exceed 1 a billion dollars and will be offered by almost half of all companies in the list. F.
Read also on ForumDaily:
How and why to pay your pet a will
What you need to know if you want to have a pet in America
How dogs in the USA turned into family members
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