Daily Insurance Industry News
Daily Insurance Industry News
Tuesday 25th of September 2018
March 31, 2010

Green Insurance launches pet cover

by Gill Montia

Story link: Green Insurance launches pet cover

The Green Insurance Company is expanding its personal lines portfolio with the introduction of pet insurance products that provide varying levels of cover for dog and cat owners.

The new range will enhance the intermediary’s existing offering, which includes car insurance, motorbike insurance and breakdown cover – all of which come with carbon offsetting initiatives.

Green Insurance spokesperson, Gaynor Wood, says: “We’ve been pleased with the success of our motoring products and believe our customers relate to the environmental benefits offered by them.”

She adds: “As we look to expand our personal lines range, we feel that a pet insurance product that offers customers the chance to look after the health of their pets while contributing positively to our environment is something that should prove popular.”

According to the firm, an estimated one in two UK households own a pet and while veterinary medicine has made huge advances in the last 25 years, bills are also racing ahead.

Over 50s insurer, Saga, recently reported that the average annual vet bill for the UK’s cat and dog owners has risen by 53% since 2007, to £598.

With costs increasing at twice the rate of inflation, the North West has emerged as the most expensive region in which make a trip to the vets.

The average annual bill in the area stand at £646; 53% more than in Northern Ireland and the Channel Islands, which are the cheapest regions at an average £421.


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