Delaware Business Insurance Update from CNC Insurance Assoc. " Pet Insurance Sales Growing" 11-15-14

This blog usually is written about topics that affect the risk and insurance issues of small business. However, I ran across an interesting article regarding the sales of Pet Insurance. I was curious to understand why this insurance product was outselling health insurance and life insurance. In other words, people are buying better protection for their pets than themselves. Veterinarian costs have gone up and pet medicines have gone up, but that doesn't fully explain the sales explosion.  The availability of new surgical procedures and treatments has increased but that doesn't fully explain it either.  When it comes right down to it, our pets are our family and we will do anything for them. Most people who buy pet insurance just want to make sure they have enough dollars to do the things they need to do medically to help their pets. Until next time be careful out there and know your risks.

G. Kevin Nemith President CNC Insurance Assoc. & The Small Business Insurance Center
Serving DE, MD, NJ, PA, & VA.
www.cncinsurance.com
www.bizinsurancetv.org

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