The number of people raising pets has exceeded 10 million. Companions are members of the family rather than existing as animals, so people can go to the hospital and receive medical bills when they are sick. But pets are not like that. It is difficult to predict the disease, and medical expenses at veterinary hospitals are a considerable burden for those who raise companion animals.
‘Pet Insurance’ appeared to solve the problem. After Hyundai Marine & Fire Insurance first launched in 2007, other insurance companies also introduced related insurance, but it did not meet expectations and did not attract much attention.
As there is unlimited potential in the healthcare field, non-life insurers advertise extensively and the number of people raising companion animals increases every year, so each non-life insurer is Meritz Fire & Marine ‘Petper Mint’ △ Carrot Insurance ‘Smart On Pet Walking Insurance’ △ Hyundai Marine & Fire Insurance ‘No dividend’ Hi Pet Pet Insurance’ △Samsung Fire & Marine Insurance’s ‘Direct Pet Insurance’ △DB Damage Insurance ‘I Love Pet Insurance’.
The insurance is similar to a person’s actual insurance, and after signing up, you pay the monthly insurance premium, and if your pet is sick, you receive treatment and submit a receipt and documents to get a refund. There are advantages to avoiding large expenditures in the large frame and to support funeral support for companion animals in case of damage to others. Pet insurance is different for each non-life insurance company, as the standard cost, scope of coverage, subscription conditions, and renewal period are different for each insurance company, so be sure to check.
The cost of pet insurance is generally limited depending on the pet’s age/health condition, quality history, etc., and the cost may vary, so be sure to get a comparative quote from each insurance company’s website.
pet insurance