ANIMAL FRIENDS INSURANCE TO LAUNCH NEW RANGE OF PET INSURANCE POLICIES
May 5, 2009 by admin
Filed under Pet Insurance
Animal Friends Insurance will launch a new range of pet insurance policies on 6th May 2009. Starting at just £3.27 per month for a dog. Cheaper premiums right across the board will now also be available for customers choosing a higher excess option.
Animal Friends, the UK pet insurer that donates its net profits to support animal charities worldwide, will now offer perhaps the widest range of pet insurance options currently available in the UK – and the most comprehensive.
The policies on offer will include full lifetime cover – giving up to a staggering £40,000 per condition for life – to a unique entry level product, an Accident Only Policy, which starts at just £3.27 per month for dogs.
All new polices – save for Accident Only – will also now include Free Overseas Travel Cover as standard, allowing up to £2000 emergency vets fees cover in EU countries for those who take their pets with them on holiday.
Animal Friends will offer 7 different policy options ensuring there is a product for every pocket and need. To further help pet owners in difficult financial times Animal Friends will offer two choices of vet fee Excess – £49 or £99 – giving customers a further chance of reducing premiums by selecting the higher Excess.
As before, Animal Friends will continue to insure pets at any age, so even older pets can be insured for the first time with premiums being kept low by a method of co-insurance which makes things fair for those who find they don’t have to claim.
Pet insurance is for life, not just when you can afford it
March 2, 2009 by admin
Filed under Pet Insurance
In these times of financial hardship consumers are looking at ways of saving money and insurance is an area that will come under scrutiny, warned Mike Powell, Principal Consultant for General Insurance at Defaqto, the independent financial industry expert.
Powell has warned that because it is not a compulsory insurance, and is usually seen as a luxury, consumers may choose to cancel their pet insurance policies to try and save money.
An Important Change to Argos Pet Insurance
January 17, 2009 by admin
Filed under Pet Insurance
The following is a Press Release from Argos Pet Insurance
From 17th January 2009 Argos Pet Insurance will be underwritten by a new insurer – Agria International Forsakring AB. From this date all new policies and those renewing will be insured by Agria rather than the current insurer AXA Insurance.
Bolton, UK (PRWEB) January 17, 2009 — Agria is a relatively new name in the UK, so we thought you might appreciate some further information about this change.
Who are Agria International?
Agria International is a part of Agria Djurförsäkring, the number one pet insurer in Sweden. Both companies are subsidiaries of the leading insurance group in Sweden, the Länsforsäkringar Alliance.
Agria first started offering animal insurance in Sweden in 1890 so have over 100 years experience in this specialist area. They now operate in six European Countries.
They bought UK Based company PetPartners in 2007 and have started to underwrite a number of leading brands for pet insurance in the UK.
Why has Argos changed from AXA Insurance?
The Pet Insurance market is changing as insurance companies get more experience of the level of claims being made by customers. More sophisticated treatments are becoming available and the cost of treatment is increasing. This is putting pressure on insurers to raise their prices. Some companies, like AXA, offer pet insurance as part of a wide range of other insurance products, others like Agria concentrate on a specialist area. Argos felt that a change of insurer would benefit our customers in the long run, as a specialist pet insurer underwriting our product could help limit proposed price increases.
What difference does this make to customers?
There will be no noticeable difference to customers. The Argos pet insurance product remains unchanged with the same benefits and features as before. There is also no change in our policy towards payment of claims and our call centre remains the same and is based in the UK.
Pethealth Inc. Announces Dividend on Series I 6% Convertible Preference Shares
January 15, 2009 by admin
Filed under Pet Insurance
The Board of Directors of Pethealth Inc. (“Pethealth” or the “Company”) today announced that they declared a dividend of $0.12 per series I 6% convertible preference shares (the “Convertible Preference Shares”), payable on February 2, 2009 to the holders of record at the close of business on January 16, 2009.
On January 21, 2004, by way of private placement, Pethealth issued 5,000,000 Convertible Preference Shares. Holders of Convertible Preference Shares are entitled to receive cumulative dividends at the fixed rate of 6% per annum, equal to $0.12 per Convertible Preference Share.
About Pethealth
Founded in 1998, Pethealth is the second largest provider of pet insurance to pet owners in North America, and the leading provider of pet related database management services to the North American companion animal industry. Pethealth offers a unique range of products and services for veterinarians, shelters and pet owners through a number of wholly owned subsidiaries using a range of brand names, including PetCare, ShelterCare, QuickCare, 24PetWatch, PetPoint, and PawsConnect. The Company is also a leading provider of pet health insurance in the United Kingdom through its Pet Protect and petPals brands. Pethealth currently insures approximately 240,000 dogs and cats.
Pet insurance can help with veterinary costs (if you plan ahead)
January 11, 2009 by admin
Filed under Pet Insurance
How much would you be willing to spend to care for your beloved pet when he or she is sick? For most readers, we’d guess the answer would be “whatever it takes.” But what happens when your pet becomes suddenly ill or injured and you’re faced with a ginormous vet bill?
To answer that question, pet owners are beginning to turn to pet insurance (although it’s far more popular in Europe than in the United States). The Associated Press reports:
Less than 1 percent of pets are insured in the U.S., according Petplan USA — one of just 13 plans available in the U.S. The company was founded by British natives Natasha and Chris Ashton, who said that in England, over 20 percent of all pets are insured and in Sweden the figure is close to 50 percent.
Pet insurance saves cash, but comes with caveats
January 11, 2009 by admin
Filed under Pet Insurance, Pets
It’s a common remark for those devoted to their pooches: “I spend more on my dog’s health care than I do on my own!”
Dog owners can expect to pay a few hundred dollars a year for routine veterinary care, but a serious illness could send the bills soaring into the thousands.
One way to protect yourself is to buy pet health insurance.