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pet insurance

Pet Insurance on the Rise in South Africa

January 15 - Not too long ago Insurance Guide reported an increase in popularity amongst Americans for insurance policies for their pets, and now it seems that pet insurance has reached South Africa and local pet owners are eager to get their 'loved ones' insured.

Currently there are two medical aid companies in South Africa that cater for pet insurance - Medipet and Petsure - both of which offer pet insurance starting from just R116 per month. These companies offer not only 'financial protection' for pets but their owners piece of mind too.

Said leading Durban veterinarian, Dr Klaus Schoeman, of Ashburne Veterinary Clinic, 'Most people don't budget for unexpected medical expenses, especially regarding their pets, but this pet insurance is easy and relatively cost-effective to take out.

'While it remains to be seen whether all pet owners need to take out pet insurance, it is clear that for people that dote over their pets and can easily afford to make the monthly pet insurance premiums, that pet medical aid makes a lot of sense', continued Schoeman.

The way the pet insurance works is that the pet owners must settle any outstanding vet's bills and then claim back from their respective pet insurance company.

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    2015/04/07 11:16:30 AM
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