Spot Pet Insurance Enters the Global Pet Insurance Market
Spot's exponential growth in a little less than three years secured its first steps towards global expansion as the company announced entry into the Canadian pet insurance market.
"Only 3% of pet parents have pet insurance for their furry friends in Canada[ii]. Spot's mission is to help protect pet parents while continuing to help build strong communities of pet lovers. Through pet health-focused education, we spread the importance of peace of mind, to enjoy many years of pet health together," said
Caring for pet parents is just as much a priority for Spot as caring for their pets. With that in mind, the business focuses on a 'Love Brand' approach to pet health and supports policyholders in the
The pet insurance provider recognizes the many challenges of pet parenting, and aims to reduce difficult decision-making when it comes to the love for their furry family members. Through a holistic approach to pet health, plan options in the
- Easy claims submission through the Spot App., website or email.
- 24/7 VetConnect™ telehealth support whenever you need it.
- Up to 90% reimbursement rate.
- 30-Day money-back guarantee[1] if the policy is cancelled within the first month.
Technology and innovation is at the forefront of Spot's approach to pet wellness, conveniently enabling pet owners to create custom plans and easily manage their entire account on https://spotpetins.com/. Claims submissions are processed fast in a secure, dedicated web platform and mobile app. Assisted by automation processes, the claims team works to speed up reimbursements whenever possible. The user-friendly site is also able to quickly generate a free quote in under 30 seconds, and additional pets receive a 10% multi-pet discount with plans in the
"The claims team has embraced the power of tech as an added advantage to the claims process to ensure that not only does taking care of pets have a fresh, new perspective, but that it's a personal experience," Ferro said. "We want to change the narrative on pet insurance because we believe that it's as essential as getting an insurance plan for your actual children."
Spot's digital-first, self-service members portal allows pet parents to easily access its cat insurance and dog insurance offerings, and rest assured of reimbursements of covered vet costs.
"Spot's agile business model allows us to react quickly to market trends and drive technology and innovation, which has helped us enhance critical processes such as the user experience, customer service, and digital claims," said Spot President,
[1] 30-day money back guarantee is not available if any claims have been covered. Not available in NY.
Administering the claims for
Canadian pet insurance policies offered by Spot are underwritten by
Learn more about Spot's
About
In the
Pre-existing conditions are not covered. Waiting periods, annual deductible, co-insurance, annual limits and exclusions may apply. For all terms and conditions visit spotpetins.com/sample-policy. Preventive Care reimbursements are based on a schedule. Accident and Illness coverage reimbursements are based on the invoice. Products, schedules, discounts, and rates may vary and are subject to change. More information available at checkout.
In the
About
In
All pet insurance plans have waiting periods, annual deductible, co-insurance, benefit limits, and exclusions. Specific products, features, coverage limits, rates, and discounts may vary by province and eligibility and are subject to change. Medical conditions that are noted, symptomatic, or diagnosed prior to enrollment or during a waiting period are considered "pre-existing to coverage" and not eligible for reimbursement. Coverage availability varies by province. Not available in
In
[i] Press releases. (2019).
[ii] Cosgrove, N. (2022). 10 Canada pet insurance statistics & facts you need to know in 2022. Pet Keen. https://petkeen.com/pet-insurance-statistics-canada/
Company: Spot Pet Insurance
Media Contact Email: [email protected]
Phone: (561) 905-1595
Address: 303 Banyan Blvd., Ste. 303,
Website: https://spotpetins.com/
View original content:https://www.prnewswire.com/news-releases/spot-pet-insurance-enters-the-global-pet-insurance-market-301519507.html
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