Insurance Articles
Pet insurance benefits
Posted by admin - 30/11/09 at 11:11:30 amA growing trend in the United States is seeing a new, highly valued employee benefit for work-life balance – free pet insurance.
Companies such as Google, Disney and HSBC and eBay in America are offering their employees voluntary pet insurance, as a feature of personal well-being, encouraging a work-life balance and less stressed working environment for employees.
The implementation of these pet insurance benefits shows us just how important our pets are to our quality of life and how attached we are to them.
Research has shown that pet insurance is growing in popularity in the States, with more than one million pet insurance policy holders in America in 2009. One American pet insurance supplier said that there had been nearly 30,000 claims for pet cancer in 2008, with operations often costing as much as $10,000 USD if chemotherapy or radiation treatment was involved.
- Interestingly, 90 percent of American pets insured are dogs, whilst only 10 percent are cats.
Whilst Australian companies may not be supplying pet insurance for free, with 1300 Insurance you can cover your pets for a reasonable cost, whilst ensuring that the best in treatment is available for them should they fall ill.
One thing that the study and comparison shows is how important our pets are to us, and how they can become expensive without pet insurance for operations and unexpected illnesses.
Source: AFP Newswire, ‘Companies throw workers a bone with pet insurance’, November 18, 2009
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