For Immediate Release
Boise, Idaho (March 4, 2010) — Pets Best Insurance, a pet insurance company based in Boise, Idaho announced today it has received the American Animal Hospital Association (AAHA) Seal of Acceptance for its high-deductible or catastrophic policies. The goal of AAHA’s acceptance seal is to further increase pet owner education and raise awareness about the overall financial responsibility for the care of their pets.
The Seal of Acceptance is awarded to pet insurance policies with deductibles of at least $500 that provide owners with the coverage they may need for major veterinary expenses. Pets Best Insurance offers deductibles of $100, $250 and $500 in three different plans: Pets Basic, Pets First and Pets Premier. Pets Best Insurance pays a flat rate of 80 percent reimbursement of qualifying fees charged for veterinary services after the deductible has been met.
“Being awarded the AAHA Seal of Acceptance demonstrates the strength of our policies,” said Brett Johnson, chief operating officer, Pets Best Insurance. “Both AAHA and Pets Best Insurance have a common goal of promoting the value and benefit of pet insurance to people and their pets.”
To earn the AAHA Seal of Acceptance, Pets Best Insurance plans met several qualifying criteria, such as allowing the policy holder to seek treatment for their pet from a licensed veterinarian of their choosing. Additionally, the pet insurance underwriter must have an A.M. Best credit rating of B+ or higher to earn the Seal of Acceptance. A.M. Best credit ratings are based on quantitative and qualitative evaluations of a company’s financial strength, operating performance and business profile.
The Pets Best Insurance Pets Basic plan comes with a $100, $250 or $500 deductible; a $2,500 per incident limit and a $42,500 lifetime limit. The Pets First plan comes with a $100, $250 or $500 deductible; a $7,000 per incident limit and a $100,000 lifetime limit. The Pets Premier plan comes with a $250 or $500 deductible; a $14,000 per incident limit and a $100,000 lifetime limit.
The Pets Best Insurance Advantage
Veterinarians and customers have enjoyed the advantages of insuring their pets with Pets Best Insurance, which provides 80 percent reimbursement of qualifying fees for veterinary services after the deductible has been met. Advantages of Pets Best Insurance include:
- No age restriction on pets – no pet is excluded from coverage based on age
- Quick and easy reimbursements – most claims processed within 48 hours
- Any licensed veterinarian – plans cover all licensed veterinarians, specialists and emergency care veterinarians
About Pets Best Insurance
Boise, Idaho-based Pets Best Insurance provides pet insurance plans that reimburse pet owners for a straightforward 80 percent of veterinary services after a deductible, with no benefit schedules or fee restrictions. Pets Best plans do not include age restrictions and allow the pet owner to choose their veterinarian. The Pets Best Insurance team is a group of pet lovers who strive to deliver quality customer service and value. Insurance plans offered and administered by Pets Best are underwritten by Aetna Insurance Company of Connecticut (AICC) and recommended by the American Veterinary Medical Association Group Health and Life Insurance Trust (AVMA GHLIT). In states in which AICC is not yet licensed, policies are underwritten by North Pointe Casualty Insurance Company. This material describes Pets Best Insurance plans in general terms. Eligible expenses and coverage may vary, depending on your plan selection. All pet insurance plans have limitations and exclusions. Information is believed to be accurate as of the production date; however, it is subject to change. For more information, visit Pets Best at Petsbest.com or phone 877-PetsBest (738-7237).