Lloyds TSB Insurance reveals pets' stupidity
www.moneynews.co.uk > Insurance > Lloyds TSB Insurance reveals pets' stupidity
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Money News |
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Lloyds TSB Insurance reveals pets' stupidity
Thu 13th Jan 2005
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The bank gives the example of a cat that suffered head injuries when it ran into a closed patio door after being startled by a dog barking on the TV. Another cat had to be treated by vets after going through a washing machine cycle.
Dogs too can make problems for themselves, with Lloyds TSB Insurance paying the vet bills for a dog that broke its tail by wagging it too hard and another who suffered food poisoning after eating too many chocolates.
But despite this seemingly limitless capacity for self harm, 47 per cent of cats and one in four dogs are still not insured - leaving their owners liable for the vet bills resulting from any unintended mishaps.
"The cost of pet injuries and illnesses can be difficult to predict and without pet insurance, owners could be faced with a hefty vet bill," said Phil Loney, managing director of Lloyds TSB Insurance.
He added: "Being insured also means that you have access to more sophisticated treatments that perhaps you could not otherwise afford."
Lloyds TSB Insurance had previously revealed that the number of uninsured animals in the UK represents a possible £1.1 billion a year in vet bills.
Mintel found in a separate survey that 40 per cent of pet owners cannot easily afford the bills, as treatments become more expensive.
To repair a dog's torn ligament, for example, can cost £1,200, while help for arthritic cats and dogs comes it at around £3,000.
The cost of pet insurance, conversely, is falling. Yesterday, Tesco lowered the cost of its cover by 15 per cent, for people applying online.
Related News : Insurance |
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Related News : LloydsTSB |
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