Is Your Pet Insured?





Our pets feel like part of our families, that’s why a pet going missing can be a household’s worst nightmare.

While people often look to neighbours for help finding their missing pet, help can be at hand from a surprising place; your insurer.

A study from Pet Insurance has found that 65% of pet insurance policies provide cover to help reunite pets with their owners, as standard*.

Though putting up posters in your neighbourhood or posting photos of missing animals on social media can help to locate a lost cat or dog, the level of cover provided by insurers can give search efforts a serious boost.

The study showed that the majority of insurance policies (55%) will pay £500 or more to cover the costs of advertising a lost or stolen pet, with almost a third of policies (31%) paying as much as £1,000 or more.

In many cases the money offered by insurers can be used to put together an advertising campaign such as promoted social media posts, local radio advertising or posters and can even be used as reward money to help ensure your pet’s safe return home.

Ben Wilson from Pet Insurance said: “While most of us consider our pets as part of our family, there are some people who will look at other people’s pets as money making opportunities. This is especially true for more expensive breeds which can fetch a high price on the black market.

“A comprehensive insurance policy can really help give you the best chance at reuniting with your lost or stolen pet.”

Like with any type of insurance cover, exclusions can apply. For instance policies typically will not pay reward money to a family member if they are the ones to find the missing pet.

Ben Wilson added: “We know that Britain is a nation of animal lovers, but unfortunately just 25% of dogs and 15% of cats are actually covered by adequate insurance**.

“Not only can pet insurance provide cover for veterinary costs in the event of illness or injury, but it can also significantly help towards the cost of advertising and reward money if your cat or dog is missing.”

*Source: Defaqto Matrix of 362 pet insurance policies – instant and unbiased market and competitor intelligence, from independent financial researcher Defaqto (correct as of 22/03/2016).


Leave a Reply

Your email address will not be published. Required fields are marked *