Pet Insurance Market in India to Reach Rs 6,500 Crore by 2025: What It Means for Pet Owners | |
Pet insurance is a financial product crafted to assist pet owners in managing the expenses related to their pets’ medical care. Its functioning is akin to human health insurance, covering a portion of veterinary costs arising from accidents, illnesses, or routine preventive care, contingent on the specific policy terms. The primary purpose is to provide pet owners with reassurance by alleviating the often substantial financial burden associated with veterinary treatments, which can encompass surgeries, medications, and diagnostic tests. By doing so, pet insurance empowers pet parents to make healthcare decisions based on their pets’ needs rather than financial constraints, fostering a more comprehensive approach to pet well-being. Currently, the adoption of pet insurance is on the rise, driven by an increase in pet ownership and the escalating expenses associated with veterinary care. | |
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Target State: All States Target City : Gurgaon Last Update : Oct 01, 2024 7:49 AM Number of Views: 13 | Item Owner : Bima Company Contact Email: Contact Phone: 9821774565 |
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