Perks for pet parents: Fortune 500 companies now offering pet in - New York News

Perks for pet parents: Fortune 500 companies now offering pet insurance

Updated:
By Quintin Lin, "quintin913" via flickr. This happy cat may be insured through a Fortune 500 company's benefits. By Quintin Lin, "quintin913" via flickr. This happy cat may be insured through a Fortune 500 company's benefits.

By: Michael De Groote, Deseret News

Insurance for families has long been a staple of part of the benefits companies offer their workers. Now it is Fido's turn.

The Associated Press says one-in-three Fortune 500 companies now offer employees a discount on Veterinary Pet Insurance as part of their benefit packages: "Thousands of other companies also give employees a chance to buy discounted VPI insurance for their pets. VPI is the oldest and largest U.S. pet insurance company with 61 percent of the market and over half a million covered pets."

This includes companies such as Procter & Gamble Co., Hewlett-Packard Co., Ford Motor Co., Walgreen Co., Lockheed Martin Corp., Boeing Co., FedEx Corp., Delta Air Lines Inc., Kellogg Co., MGM Resorts International, W.W. Grainger Inc., Amazon.com Inc. and Comcast Corp.

Another AP article talked about how "the nation's oldest and largest pet insurer, Veterinary Pet Insurance, offers policies at one in three Fortune 500 companies, as well as 3,400 other companies and associations across the nation."

VPI has 61 percent of this niche insurance market with about 500,000 covered. With 165 million pets in the country, it shows a lot of room for growth.

A press release from a digital marketing agency, Greenlight in the U.K., found that there were more Google searches in that country for pet insurance than for health insurance.

Pet insurance in the U.K. got a blot on its name, according to the Daily Mail, with the recent case of Vicky Hughes approving emergency surgery for her dog Emma, a 6-year-old Dogue de Bordeauxe - which looks like sort of a cross between a bulldog and Voldemort.

The pet insurance company refused coverage - causing Hughes to have to "sell her clothes on eBay to save her dog."

The La Jolla (Calif.) Light gave some tips on whether pet insurance is a good idea: "You may be the right candidate for pet insurance if you have an outdoor cat, you have an older pet, your pet travels often, you have children who are very attached to the pet or you have a breed especially prone to certain diseases."

You also may consider whether you have a lot of clothes you could sell on eBay.

EMAIL: mdegroote@deseretnews.com

Twitter: @degroote

Facebook: facebook.com/madegroote


Original Post

Copyright 2013 Deseret Digital Media, Inc.

  • Local NewsLocal NewsMore>>

  • Sister of Boston bomb suspect arrested

    Sister of Boston bomb suspect arrested

    Thursday, August 28 2014 9:15 AM EDT2014-08-28 13:15:04 GMT
    The NYPD arrested Ailina Tsarnaeva, the sister of Boston bombing suspect Dzhokhar Tsarnaev, for allegedly threatening to bomb a New York City woman, a police official confirmed. Tsarnaeva, of North Bergen, N.J., is accused of calling a woman Monday and warning her to stay away from her and her boyfriend.
    The NYPD arrested Ailina Tsarnaeva, the sister of Boston bombing suspect Dzhokhar Tsarnaev, for allegedly threatening to bomb a New York City woman, a police official confirmed. Tsarnaeva, of North Bergen, N.J., is accused of calling a woman Monday and warning her to stay away from her and her boyfriend.
  • Poll shows most New Yorkers support broken windows policy

    Poll shows most New Yorkers support broken windows policy

    Thursday, August 28 2014 8:07 AM EDT2014-08-28 12:07:14 GMT

    A new poll conducted by Quinnipiac University found overwhelming opposition to the way the arrest of Eric Garner was handled while the majority support the broken windows policy, which cracks down on low-level crimes to prevent bigger ones from occurring. Garner's death has brought the policy into the spotlight. The Staten Island man had been selling untaxed cigarettes when he was arrested. A police officer placed him in a chokehold and Garner died.

    A new poll conducted by Quinnipiac University found overwhelming opposition to the way the arrest of Eric Garner was handled while the majority support the broken windows policy, which cracks down on low-level crimes to prevent bigger ones from occurring. Garner's death has brought the policy into the spotlight. The Staten Island man had been selling untaxed cigarettes when he was arrested. A police officer placed him in a chokehold and Garner died.

  • Times Square named as target

    Al Qaeda magazine hints of looming attack on US

    Al Qaeda magazine hints of looming attack on US

    Thursday, August 28 2014 7:42 AM EDT2014-08-28 11:42:37 GMT
    A new English-language Al Qaeda magazine features a how-to article on making car bombs and suggests terror targets in the United States, including casinos in Las Vegas, oil tankers and Times Square.
    A new English-language Al Qaeda magazine features a how-to article on making car bombs and suggests terror targets in the United States, including casinos in Las Vegas, oil tankers and Times Square.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices