Savings calculator designed to assist pet mother and father perceive the paws-itive influence of pet insurance coverage on their monetary wellness.
NEW YORK, April 16, 2024–(BUSINESS WIRE)–In recognition of Financial Literacy Month and to assist pet mother and father higher perceive how a lot they will save on each preventative care and sudden diseases and accidents with pet medical insurance, MetLife Pet Insurance introduced at present the discharge of its new financial savings calculator. The useful resource highlights how MetLife’s customizable insurance policy can reimburse as much as 90%1 of vet payments round frequent pet diseases, accidents, and preventative care, and assist pet mother and father really feel assured of their skill to cowl health-related bills.
A recent survey2 from MetLife Pet and OnePoll discovered well being wants have been the costliest cost pet mother and father confronted in 2023, averaging $1,242 on vet visits. What’s extra, final yr, 45% stated their pet went by means of a serious well being occasion, although 82% of them weren’t financially ready for the cost of it. Given solely 58% of pet mother and father stated that they had pet insurance coverage, these with out this protection confronted a big monetary influence when attempting to handle these sudden prices.
To assist alleviate the stress related to paying for pet care, the brand new financial savings calculator illustrates how MetLife’s Pet Insurance providing may also help mitigate the prices of remedy for a lot of well being points that come up all through a pet’s life, together with:
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Accidents: Accidents, akin to a damaged bone or poisoning, can occur unexpectedly – and these are sometimes adopted by a big vet invoice, significantly for important accidents. MetLife Pet Insurance may also help present psychological and monetary peace of thoughts throughout these hectic moments.
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Preventive Care: Just as individuals take precautionary steps to guard their well being, MetLife Pet Insurance can present monetary assist for prices associated to preventative pet care, together with dental cleansing, spaying/neutering, vaccination, and parasite prevention.
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Illnesses: Whether it’s pores and skin allergic reactions, coronary heart illness, development or tumor, or diabetes, MetLife Pet Insurance has short- and long-term diseases lined.
“Every pet mum or dad ought to have the chance to make essential choices about their pet’s well being with out cost being the deciding issue,” stated Brian Jorgensen, CEO of MetLife Pet Insurance. “Particularly throughout Financial Literacy Month, we are able to’t overlook the importance of pet medical insurance with regards to making certain the monetary wellness of pet mother and father. Just as we take steps to guard our bodily well being, pet insurance coverage may also help defend pet mother and father’ monetary well being with regards to routine and emergency take care of our pets.”
The financial savings calculator was created to reveal the appreciable influence MetLife’s Pet Insurance providing can have when it comes to monetary assist for normal and sudden vet prices. But MetLife Pet believes assist ought to transcend the financials, empowering pet mother and father all through their total parenthood journey – this contains access to a dwell 24/7 vet chat3 in its revolutionary cellular app, together with misplaced pet protection, grief counseling4 assist, and extra.
To access the financial savings calculator and be taught extra in regards to the worth of pet insurance coverage in all these circumstances, go to https://metlifepetinsurance.com/calculator.
About MetLife
MetLife, Inc. (NYSE: MET), by means of its subsidiaries and associates (“MetLife”), is without doubt one of the world’s main monetary companies corporations, offering insurance coverage, annuities, worker advantages and asset administration to assist individual and institutional prospects build a extra assured future. Founded in 1868, MetLife has operations in additional than 40 markets globally and holds main positions within the United States, Japan, Latin America, Asia, Europe and the Middle East. For extra data, go to www.metlife.com.
About MetLife Pet Insurance Solutions, LLC
MetLife Pet protection is issued by Metropolitan General Insurance Company, a Rhode Island insurance coverage firm headquartered at 700 Quaker Lane, Warwick, RI 02886. MetLife Pet Insurance Solutions LLC is the coverage administrator. It could function underneath an alternate or fictitious identify in sure jurisdictions, together with MetLife Pet Insurance Services LLC (New York and Minnesota) and MetLife Pet Insurance Solutions Agency LLC (Illinois). For extra data, go to https://www.metlifepetinsurance.com/.
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1 Reimbursement choices embrace: 50%, 70%, 80% and 90%. Pet age restrictions could apply.
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3 Virtual veterinary companies are available by means of the MetLife Pet App and are supplied completely by AskVet, a third-party companion; MetLife isn’t chargeable for any pet steering or recommendation supplied or taken. Veterinarians offering digital veterinary companies can not prescribe remedy or reply questions in regards to the pet coverage. This function is coming quickly for unique pets.
4 Grief Counseling companies are supplied by means of an settlement with TELUS Health, an unaffiliated third-party service supplier. Grief counseling companies supplied by TELUS Health are separate and other than the insurance coverage supplied by MetLife. Not available to NY residents.
View supply model on businesswire.com: https://www.businesswire.com/news/home/20240416989670/en/
Contacts
Judi Mahaney
[email protected]
212-578-7977
