Views 3 reasons why employers should prioritize pet insurance

Pet insurance and other pet-related benefits can help employers support their employees as they adjust to pandemic-induced lifestyle changes. With many Americans still working from home and the majority preferring to do so even after the pandemic, benefits packages need to evolve and shift away from in-office benefits (e.g. free lunches and onsite services like gyms) and toward offerings that meet the new needs of an at-home workforce. With more people becoming pet parents, pet-related benefits can be a great way to address new employee needs.

Owning a pet can be expensive, with annual costs of dog ownership running as high as $2,455 — and 92% of pet-parents are paying for vet expenses out-of-pocket with cash or with a credit card, according to recent data from MetLife and CivicScience. Of course, when your pet is part of the family, you don’t want to be forced to make a difficult decision about the pet’s health based on costs alone. Pet insurance can help pet parents manage the expense of routine vet expenses as well as heftier, unexpected costs associated with surgery or chronic conditions like cancer.