More Employers Offering Pet Insurance

Found an interesting article on MSN about pet insurance being offered by employees. You can find the full article at http://www.msnbc.msn.com/id/22669844/

According to the article "Veterinary Pet Insurance, the nation’s largest pet insurer, saw its corporate accounts balloon from 15 to 1,600 in the past six years. About 15 percent of Veterinary Pet Insurance’s policies, or about 50,000, now come from its corporate accounts."

"The growth of this perk comes as pets occupy an increasingly prominent place in the American home. According to the American Pet Products Manufacturers Association, pet owners spent an estimated $9.8 billion on veterinary care in 2007, up from $7.1 billion in 2001."

However, only about 2% of pets right now are insured. That number is expected to rise as more and more companies look into offering pet insurance for their employees.