MetLife Pet Insurance Wins The "Pet Insurance of the Year" Award In 2022 Pet Independent Innovation Awards Program
LOS ANGELES (PRWEB) September 15, 2022
The 2022 Pet Independent Innovation Awards, an independent recognition platform highlighting the most innovative companies, services, and products in the highly competitive Pet Care industry, today announced MetLife Pet Insurance¹ has been selected as winner of the "Pet Insurance of the Year" award.
The mission of the annual Pet Innovation Awards Program is to honor innovation and recognize the excellence, hard work and success in a range of Pet Care industry categories, including Apparel, Grooming & Cleaning, Food & Treats, Health, Housing, Toys, Training, Retailers & Services and more. The 2022 Pet Innovation Awards attracted more than 2,000 nominations from around the world.
Market trends show that the Pet Insurance space continues to grow as ownership and overall concern for pets' well-being continues to rise. As consumers become more educated, Pet Innovation is recognizing MetLife Pet Insurance for standing out in the market with their deeper coverage and many value adds.
MetLife Pet is the only provider offering family plans which allow up to three pets to be on the same policy and share the deductible.² They also offer protection for all stages of a pet's life with no breed exclusions or upper age limits and coverage for pre-existing conditions when switching providers.³
"Many pet parents are unprepared for emergencies. It's reported that one in three pets need emergency vet treatment every year and 56% of pet parents can't afford emergency care for their pets. Pet insurance can help take the worry out of covering unexpected pet care costs," said Travis Grant, Managing Director, Independent Innovation Awards. "MetLife Pet Insurance helps take the worry out of covering the cost of unexpected vet visits so pet parents can focus on what matters most, their furry family members. Congratulations on winning 'Pet Insurance of the Year.'"
MetLife Pet Insurance coverage is simple, inclusive and flexible and enrollment consists of a simple 3-step process. Preventative care coverage can be added and is included in the annual benefit limit.⁴ Coverage includes exam fees, diagnostics and prescription medications. MetLife Pet plans are flexible and allow pet parents to customize deductibles, annual benefit limits and reimbursement percentages so they work best for their pet's needs and their budget.
Another great feature available to MetLife Pet Insurance customers is the MetLife Pet mobile app that makes pet health and wellness easy, convenient, and personalized. Key features include policy management, pet health record keeping, submit and track claims, locate nearby pet services, access to 24/7 vet chat and personalized articles. It also offers access to the MyPets rewards program providing eligible policyholders access to discounts and offers on pet care related purchases.⁵
"We are thrilled to be selected as the winner of the 'Pet Insurance of the Year' award," said Uday Tumuluri, Vice President of Product Development for MetLife Pet Insurance. "MetLife Pet Insurance knows pets are like family and our purpose is to help pet parents care for their pets with confidence. That's why we launched our new innovative pet insurance product and experience developed with extensive customer feedback. We will continue to strive to help pet parents access better care for their pets."
About The Pet Innovation Awards
Part of Independent Innovation Awards organization, a global market intelligence and recognition program within the most competitive consumer categories, The Pet Innovation Awards honors the most outstanding and innovative companies, services, and products within the rapidly expanding pet care industry. The Pet Innovation Awards provides public recognition for achievements of pet care industry companies and products including Apparel, Grooming & Cleaning, Food & Treats, Health, Retailers & Services and more. For more information visit: https://petinnovationawards.com.
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 http://www.metlife.com.
About MetLife Pet Insurance Solutions, LLC
Pet Insurance offered by MetLife Pet Insurance Solutions LLC is underwritten by Independence American Insurance Company ("IAIC"), a Delaware insurance company, headquartered at 485 Madison Avenue, NY, NY 10022, and Metropolitan General Insurance Company ("MetGen"), a Rhode Island insurance company, headquartered at 700 Quaker Lane, Warwick, RI 02886, in those states where MetGen's policies are available. Application is subject to underwriting review and approval. Like most insurance policies, insurance policies issued by IAIC and MetGen contain certain deductibles, co-insurance, exclusions, exceptions, reductions, limitations, and terms for keeping them in force. For costs, complete details of coverage and exclusions, and a listing of approved states, please contact MetLife Pet Insurance Solutions LLC. MetLife Pet Insurance Solutions LLC is the policy administrator authorized by IAIC and MetGen to offer and administer pet insurance policies. MetLife Pet Insurance Solutions LLC was previously known as PetFirst Healthcare, LLC and in some states continues to operate under that name pending approval of its application for a name change. The entity may operate under an alternate, assumed, and/or fictitious name in certain jurisdictions as approved, including MetLife Pet Insurance Services LLC (New York and Minnesota), MetLife Pet Insurance Solutions Agency LLC (Illinois), and such other alternate, assumed, or fictitious names approved by certain jurisdictions.), and such other alternate, assumed, or fictitious names approved by certain jurisdictions. For more information visit: https://www.metlifepetinsurance.com.
¹Coverage underwritten and issued by Independence American Insurance Company ("IAIC"), a Delaware insurance company, and Metropolitan General Insurance Company ("MetGen"), a Rhode Island insurance company, in those states where MetGen's policies are available. Coverage subject to restrictions, exclusions and limitations. See policy for details. MetLife Pet Insurance Solutions LLC is the authorized policy administrator for this coverage.²Based on a January 2022 review of publicly available summary information about competitors' offerings. Competitors did not furnish copies of their policies for review. If you have questions about a particular competitor's policy or coverage, please contact them or their representative directly. ³We do not cover all pre-existing conditions; just those covered by the previous provider. ⁴Can be purchased at an additional cost. For IAIC underwritten policies, optional Preventive Care coverage is based on a Schedule of Benefits. For MetGen underwritten policies, optional Preventive Care coverage is included in the annual limit.⁵May not be available in all states. L0922025569[exp0923][All States]