MetLife Pet Insurance Unleashes New Savings Calculator to Help Pet Parents Understand the Financial Benefits of Insuring Their Furry Loved Ones
16 Abril 2024 - 10:00AM
Business Wire
Savings calculator designed to help pet parents
understand the paws-itive impact of pet insurance on their
financial wellness.
In recognition of Financial Literacy Month and to help pet
parents better understand how much they can save on both
preventative care and unexpected illnesses and accidents with pet
health insurance, MetLife Pet Insurance announced today the release
of its new savings calculator. The resource highlights how
MetLife’s customizable insurance plans can reimburse up to 90%1 of
vet bills around common pet illnesses, accidents, and preventative
care, and help pet parents feel confident in their ability to cover
health-related expenses.
A recent survey2 from MetLife Pet and OnePoll found health needs
were the most expensive cost pet parents faced in 2023, averaging
$1,242 on vet visits. What’s more, last year, 45% said their pet
went through a major health event, though 82% of them weren’t
financially prepared for the cost of it. Given only 58% of pet
parents said they had pet insurance, those without this coverage
faced a significant financial impact when trying to address these
unexpected costs.
To help alleviate the stress associated with paying for pet
care, the new savings calculator illustrates how MetLife’s Pet
Insurance offering can help mitigate the costs of treatment for
many health issues that arise throughout a pet’s life,
including:
- Accidents: Accidents, such as a broken bone or
poisoning, can happen unexpectedly – and these are often followed
by a large vet bill, particularly for significant accidents.
MetLife Pet Insurance can help provide mental and financial peace
of mind during these stressful moments.
- Preventive Care: Just as people take precautionary steps
to protect their health, MetLife Pet Insurance can provide
financial support for costs related to preventative pet care,
including dental cleaning, spaying/neutering, vaccination, and
parasite prevention.
- Illnesses: Whether it’s skin allergies, heart disease,
growth or tumor, or diabetes, MetLife Pet Insurance has short- and
long-term illnesses covered.
“Every pet parent should have the opportunity to make important
decisions about their pet’s health without cost being the deciding
factor,” said Brian Jorgensen, CEO of MetLife Pet Insurance.
“Particularly during Financial Literacy Month, we can’t overlook
the significance of pet health insurance when it comes to ensuring
the financial wellness of pet parents. Just as we take steps to
protect our physical health, pet insurance can help protect pet
parents’ financial health when it comes to routine and emergency
care for our pets.”
The savings calculator was created to demonstrate the
considerable impact MetLife’s Pet Insurance offering can have in
terms of financial support for regular and unexpected vet costs.
But MetLife Pet believes support should go beyond the financials,
empowering pet parents throughout their entire parenthood journey –
this includes access to a live 24/7 vet chat3 in its innovative
mobile app, along with lost pet coverage, grief counseling4
support, and more.
To access the savings calculator and learn more about the value
of pet insurance in all these circumstances, visit
https://metlifepetinsurance.com/calculator.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates (“MetLife”), is one of the world’s leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help individual and institutional
customers build a more confident future. Founded in 1868, MetLife
has operations in more than 40 markets globally and holds leading
positions in the United States, Japan, Latin America, Asia, Europe
and the Middle East. For more information, visit
www.metlife.com.
About MetLife Pet Insurance Solutions, LLC
MetLife Pet coverage is issued by Metropolitan General Insurance
Company, a Rhode Island insurance company headquartered at 700
Quaker Lane, Warwick, RI 02886. MetLife Pet Insurance Solutions LLC
is the policy administrator. It may operate under an alternate or
fictitious name in certain jurisdictions, including MetLife Pet
Insurance Services LLC (New York and Minnesota) and MetLife Pet
Insurance Solutions Agency LLC (Illinois). For more information,
visit https://www.metlifepetinsurance.com/.
_____________________________ 1 Reimbursement options include:
50%, 70%, 80% and 90%. Pet age restrictions may apply. 2
https://www.metlifepetinsurance.com/how-much-pet-parents-spend-on-their-pets/
3 Virtual veterinary services are available through the MetLife Pet
App and are provided entirely by AskVet, a third-party partner;
MetLife is not responsible for any pet guidance or advice provided
or taken. Veterinarians providing virtual veterinary services
cannot prescribe medication or answer questions about the pet
policy. This feature is coming soon for exotic pets. 4 Grief
Counseling services are provided through an agreement with TELUS
Health, an unaffiliated third-party service provider. Grief
counseling services provided by TELUS Health are separate and apart
from the insurance provided by MetLife. Not available to NY
residents.
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Judi Mahaney jmahaney@metlife.com 212-578-7977
MetLife (NYSE:MET)
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