Pet Insurance Market by Animal (Dog, Cat, Others), Policy (Illnesses and Accidents)
August 20, 2023 ⚊ 1 Min read ⚊ Views 49 ⚊ HEALTH
On the basis of Policy, the Global Pet Insurance Market has been segmented into Illnesses and Accidents, Chronic Conditions, Other Policies. Illness and Accidents policy will cover treatments for accidents and illnesses only. This is crucial because some conditions can be extremely costly to treat without insurance. A chronic condition is one that cannot be cured and will affect the pet throughout their lifetime. Such chronic pre-existing conditions are not covered by any pet health insurance plans (but there are payment assistance options). Mainly the policy cover intends to provide cover for medical issues that a pet already has.
Tags: Forecast, Growth
