You are here: Home - Insurance - News -

Pet owners ignore insurance

0
Written by:
14/05/2008

More than 11 million dog and cat owners have no pet insurance cover, according to Sainsbury’s Finance.

Research from the insurer found that one-in-two owners without pet cover, accounting for more than 5.5 million, believe that they do not need insurance for their pet. According to Sainsbury’s Finance, around 15,000 claims are made each month for veterinary treatment for dogs and cats.

More than 4.5 million dog or cat owners said they didn’t have pet insurance because they thought it was unnecessary. A further 897,000 people said they didn’t need cover because they thought their cat or dog was healthy. Around 1.13 million people considered it to be too expensive.

Steve Johnson, head of pet insurance at Sainsbury’s Finance, said: “Regarding pet insurance as unnecessary and discounting it just because the pet is currently healthy are probably the two most alarming responses to report.

“Dogs and cats are just as likely to get ill and require treatment as we are but there’s no NHS for them. Pet insurance really is essential if you don’t want to get caught out by costly vet bills – the average claim for vet’s fees is around £300 with one in every 26 trips “

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Credit card users get raw deal

More than 2.5 million credit card customers have been told they will be charged a fee, have their account closed...

Close