Pet insurance pays the veterinary costs if one’s pet becomes ill or is injured in an accident. Some policies will also pay out when the pet dies, or if it’s lost or stolen.
The purpose of pet insurance is to mitigate the risk of incurring significant expense to treat ill or injured pets. As veterinary medicine is increasingly employing expensive medical techniques and drugs, and owners have higher expectations for their pets’ health care and standard of living than previously, the market for pet insurance has increased.
The number of complaints to the Financial Ombudsman Service (FOS) relating to IFAs in 2011/12 has fallen as the organisation again found itself swamped by complaints relating to payment protection
Darren Spriggs, managing director for Ageas Protect, said: ?Advisers face major challenges this year to prepare their businesses for RDR, EU gender-neutral pricing and I-E tax regime, so we?ll do everything we can to help them through the changes and ...
