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Could Pet Insurance be the Key to help Protect Against Expenses?

Could Pet Insurance be the Key to help Protect Against Expenses?

February 20, 2024

 Could Pet Insurance Be the Key to help Protect Against Expenses?

We discuss wellbeing frequently. That's because financial and everyday wellbeing often go hand in hand. What happens when your pet's wellbeing suffers? What does that look like for your financial situation? In honor of National Love Your Pet Day, we're taking a look at wellbeing when it comes to your pets and your finances. 

Why Is Pet Insurance Important? 

You love them like family because they are family. Pet insurance can cover a variety of illnesses or injuries. Whether they eat the dreaded sock or something more long lasting occurs for the pet in your life, it's important to have that safety net to cover unexpected financial emergencies when it comes to your pet. 

Here are some of the most common emergencies when it comes to pets, according to Forbes

(Chart by EBW) 

While this is not an exhaustive list, it is a few of the most common and a danger you want to protect your family from. Among this danger can be the cost associated with these emergencies. That's where pet insurance can come into play. Obtaining pet insurance might be one step you can take toward securing your financial wellbeing if one of these emergencies were to happen to your pet. Having a safety net with insurance can help with the cost of these treatments. 

It's important to read your policy to determine what might be covered and what might be excluded from your pet's insurance. While costs, plans, and coverage vary, its important to take a look to determine what plan might fit your family. 

This material was developed and prepared by a third party for use by your Registered Representative. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security. The content is developed from sources believed to be providing accurate information.