Spending on pet healthcare in North America continues to grow. As more families bring animals home, the amount spent on healthcare rises. A pet’s health is a major concern for its owner, who will often go to great lengths to extend the life of the animal. This can sometimes mean expensive procedures and/or medications. Pet Insurance: It Could Save Your Pet’s Life, Could Save You Money from The National Association of Insurance Commissioners examines how pet health insurance can help ease the burden of caring for a sick or injured animal. Check out the NAIC tips to find out if pet health insurance is right for you.
Read the full article here.
About the NAIC The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit www.naic.org.