Article: Is Pet Insurance Right For You?
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Is Pet Insurance Right For You?
What is Pet Insurance?
Pet insurance is a health plan for your pet to insure against large and small unexpected veterinary bills over the life of your pet.
Potential treatments for your pet now rival human treatments both in sophistication and cost. Pet insurance is designed to alleviate much of the financial risk and insecurity that caring for your pet can bring.
Pet insurance is common in many European countries. However, it remains rare in the U.S. There are about 130 million pet cats and dogs in the United States, but only a handful of pet owners (fewer than 300,000) take advantage of these policies. Pet insurance has been around for about 20 years, but many pet owners don't know that it exists, or they think the insurance costs are too high.
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