Pet insurance pays, partly or in total, for veterinary treatment of the insured person's ill or injured pet. Some policies will pay out when the pet dies, or if it is lost or stolen.
As veterinary medicine is increasingly employing expensive medical techniques and drugs, and owners have higher expectations for their pets' health care and standard of living than previously, the market for pet insurance has increased.
Read more about Pet Insurance: History, How Policies Work, The Difference Between Companies
Famous quotes containing the words pet and/or insurance:
“Just see how it glints and sparkles. Of course it is a nucleus and focus of crime. Every good stone is. They are the devil’s pet baits. In larger and older jewels every facet may stand for a bloody deed....”
—Sir Arthur Conan Doyle (1859–1930)
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—S.J. Perelman, U.S. screenwriter, Arthur Sheekman, Will Johnstone, and Norman Z. McLeod. Groucho Marx, Monkey Business, terms for a divorce settlement proposed while trying to woo Lucille Briggs (Thelma Todd)