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Average pet insurance costs range from $17 to $101 for dogs and $10 to $62 for cats. Monthly pet insurance premiums depend on factors like your pet’s age, breed, coverage type and location.
Pet insurance often covers many accidents and injuries, providing crucial support when your pet faces unexpected harm. Commonly covered incidents include: Torn ligaments (e.g., ACL ruptures)
Figo Pet Insurance offers comprehensive coverage with flexible options to suit your pet's needs. With an average monthly cost of $22, it's a budget-friendly choice for many pet owners.
In July 2006, the company began selling its first policies, [4] and started selling policies online later that year. The company formed partnerships with animal shelters, veterinarians, and health insurance providers to help sell 120,000 policies by 2014. [5] The company launched fetch!, a glossy quarterly pet health magazine, in November 2008. [6]
Pet insurance is a form of property insurance rather than health insurance. [citation needed] Insurance companies may limit coverage for pre-existing conditions, giving owners an incentive to insure even very young animals, which are not expected to incur high veterinary costs. [7]
On December 26, 2007, the subsidiary company, Anicom Property and Casualty Insurance Corporation, acquired their property and casualty insurance license from the Financial Services Agency of Japan becoming the first pet insurance specialist company in Japan. Anicom's key members at Tokyo Stock Exchange. March 3rd, 2010.
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