Pricey Pooch Policy Relieves Burden
Tesco Pet Insurance reports that 5.2 million UK consumers have at least one dog, yet only 12% of owners take out insurance for their animal. Those without pet insurance could see themselves facing large vet bills in the future and need to be sure they are able to handle the financial commitment that accompanies pet ownership.
Allan Burns, a company representative for Tesco, said that the price for treating uninsured dogs can be “hefty”, and the high incidence of lack of preparation saddened him.
Many pet owners, up to 38% in fact, feel they cannot afford veterinary care for their animal, as reported by Mintel, a market research and intelligence group.
Tesco is working to reduce the number of pets going without proper care with a 20% discount given to customers purchasing their pet insurance online and a 10% discount awarded for insurance bought over the phone.
For pet owners who have already been affected by the financial difficulties of pet injury, a debt consolidation loan may be the solution for those unexpected vet fees that can place an additional financial burden on any household, according to Moneyfacts.