Pet insurance is twice as popular as medical insurance in the UK
Last year,In UK 23 per cent of pets were insured whereas only 12.2 per cent of the UK human population had private medical insurance.
As per Tesco Pet Insurance, UK pets are the second most insured in the world, after Sweden.
The demand for ‘handbag dogs’ has increased by 41.3 per cent, according to the insurer.
This includes a 417 per cent increase in the number of Chihuahuas it now insures and a 248 per cent increase in the number of West Highland White Terriers.
However, pet insurance manager for Sainsbury’s has warned about the cost of looking after a pedigree animal, which is more expensive than for a cross breed. The most frequent claim for a small pedigree dog is for cardiac disease, which can run into thousands of pounds.
Source:Myfinances.co.uk
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