New treatments lead to larger pet insurance claims
04 March 2010 16:27:12
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| Vet bills are rising because of newer, more expensive treatments. |
Ian Moffat, head of operations for insurer Petplan, commented on recent figures from Sainsbury's Finance, which showed that vet fees are increasing by 12% each year.
According to the report, 53% of vets have witnessed an increase in the cost of treating dental trauma, while there are concerns that one-third of dogs attending veterinary clinics are overweight.
Mr Moffat claimed that the cost of existing treatments is not necessarily rising, but that newer techniques and medicines have fuelled the upward trend.
"The advancement in technology and medicine is allowing vets to treat sick and injured pets that would never have survived 10 years ago," he revealed.
"However, these new treatment methods and drugs all come at a cost and that is why having pet insurance is so important."
The insurance expert urged owners to remember that one-third of trips to the vet are for unexpected treatments, a statistic that highlights the need for people to compare pet insurance policies and ensure they are protected against unforeseen circumstances.
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Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
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