Tag: cat insurance

Employees want pet insurance from the benefits offered by their employers

G. Turner
Pet insurance - woman on computer with dog

Medical coverage for animals has become super trendy, particularly since the pandemic. Employers seeking to be competitive when seeking the best employees to join their teams are increasingly turning to pet insurance as an additional part of worker benefits, due to the massive draw it has developed. Employees want more options from their benefits, and caring for their furry family members has weight. For even greater value to many employees, pet insurance coverage extends not only to cats and dogs, but also other types of animals, such as birds (even…

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Pet insurance is becoming more popular. Here’s why!

H. Cutner
Pet Insurance - Woman with dog, using computer

A combination of several factors has come together to make this coverage far more appealing. Pet insurance has seen a steady but rather slow growth rate in the United States, even as countries in other parts of the world, such as Europe, have been purchasing it much more quickly. That said, the trend in the US appears to be speeding up, and there are a number of reasons to explain it. As inflation sends the cost of food and other necessities upward, many Americans are seeking relief. This has included…

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Petline and NFP collaborate on new US pet insurance

H. Cutner
Pet insurance - Person with dog looking at computer

The companies have come together to offer a new line of coverage products for animal owners to buy. The Petline pet insurance company has teamed up with leading property and casualty broker NFP to offer a new line of products to cover cats and dogs and give US animal owners peace of mind. The insurer has been active in the market since 1989 and describes itself as a leader in that category. The Petline flagship pet insurance brand, Petsecure, offers owners a spectrum of different solutions to fit the individual…

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State Farm pet insurance launched for dogs and cats through Trupanion

G. Turner
State Farm Pet Insurance - Dog and Cat

The coverage will protect animal owners against many veterinary costs for their furry family members. State Farm pet insurance has been launched through a partnership with Trupanion to provide animal owners with the opportunity to purchase medical coverage for their fuzzy friends. Dogs and cats are regularly considered to be non-human family members, but veterinary care is expensive. As Americans become increasingly attached to their pets, the world of veterinary medicine has skyrocketed forward. Animal owners demand the type of medical care they would otherwise expect for their human family…

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No growth in pet health insurance claims for respiratory issues

Nordstrom
Pet health insurance - Dog and Cat

Trupanion has been monitoring the nature of claims for cats and dogs through the pandemic. Trupanion, the pet health insurance company based in Seattle, has stated that it is monitoring the types of claims it is receiving. As of yet, it has not noticed an increase in claims relating to respiratory issues in cats and dogs. The insurer has been watching for changes in claims of that nature since the start of the pandemic. Back in March, the company released a statement that there were “no unusual increases or changes…

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Lemonade pet insurance products are in the making

Marc
Lemonade Pet Insurance - Dog and Cat

The homeowners and contents policy provider will be expanding into an all new market. Lemonade pet insurance is about to become the next offering from the industry disrupting homeowners and contents insurer. The company has managed to raise $480 million and is now set to cover cats and dogs. It is not yet clear when the Lemonade pet insurance policies will start selling. So far, the insurer has announced its intentions to step into that category. It is also making its way through the regulatory process of selling coverage for…

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Cat takes this year’s Nationwide pet insurance weirdest claim prize

Julie Campbell
Nationwide pet insurance - brown tabby cat

The injured animal has become the 2019 winner of the insurer’s annual Hambone Award. Though everybody thinks their own animal stories are weird, Nationwide pet insurance uses its claims and consumer votes to discover whose is the weirdest each year. This year, policyholder Andrea Brannen’s cat, Minnow, took the top prize for weirdest insurance claim. As reported last week on Live Insurance News, the Hambone Award at Nationwide pet insurance is awarded to the dog or cat with the strangest claim in the previous 12 months. The award was named…

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