More companies are offering health insurance for pets.
As veterinary treatment becomes more sophisticated, the cost of medical care for pets is rising. Many people are purchasing pet insurance, and a growing number of companies are including it in their voluntary insurance offerings to employees.
Pet insurance covers the cost of animal care in much the same way that a major medical policy covers people's health-care costs. Bill Gorman, group sales manager for Veterinary Pet Insurance Co. in Brea, California, says VPI's basic policy has a $50 deductible, then pays 90 percent up to a specific schedule.
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!
3 months free with code ZENDESK
Presented by zendesk