The Post Office launches pet insurance policy
by Kay Murchie
As well as providing car, home, travel, health and life insurance, the Post Office has now announced that it is to launch a pet insurance policy.
The new policy will offer a comprehensive range of care for cats and dogs, covering veterinary bills up to a maximum of £5,000 per condition.
The Post Office recently discovered that almost all claims (97%) on pet insurance policies are for less than £5,000, so customers will not get charged for unnecessary cover. The cover comes with a set level of excess at £75.
The Post Office pet insurance policy differs from many others that are available as all ages are covered and payouts on claims will continue for over one year after the initial treatment.
Head of pet insurance at the Post Office, Emma Baunach, said: dogs and cats are often a huge part of the family with 11% of people saying they would re-mortgage their house to pay for a vet bill.
Furthermore, the policy includes cover for taking pets overseas, emergency kennel and cattery costs.
Finally, those with more than one pet to insure can also benefit from a 5% discount.
It was announced last year that the Post Office is to shut 2,500 outlets by the end of 2008.
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