Whether it's purchased individually or acquired through an employer-based plan, pet insurance is still a perk enjoyed by only a tiny fraction of American pet owners.
Out of 174 million cats and dogs in the United States at the end of 2014, only about 1.4 million were covered by an insurance policy, according to a pet insurance trade group. That is nevertheless a significant increase from 2008, when only 680,000 were covered.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
