Pet insurance: The present scenario

Pet insurance business is skyrocketing. According to the Wall Street Journal, pet insurance is currently offered by 5% of companies, it was 1% in 2000, and the thing to cheer is that Google, Hilton Hotels and Mercedes-Benz USA are also planning to offer it as an employee benefit in 2006.

chart

In an effort to humanize out best friends we are directly giving fillip to the insurance business. Pet health insurance helps in cutting high veterinary costs (See Chart). A complete metamorphosis will be visible in the pet insurance industry in the year 2006. It is growing and transforming into a big sector running parallel to the human insurance business.

Insure to be sure

Thanks: Embrace Pet Insurance

Thanks: Michael Dillon