Employers See Increasing Benefit of Pet Insurance

Posted on April 16, 2018 under Industry News

National Employee Benefit Day is April 2nd, Pets Best Shares Milestone Success Within the Employee Channel.

 

Boise, ID  Pets Best Insurance Services, LLC, (Pets Best) a leading U.S. pet insurance agency based in Boise, Idaho, is spearheading the advancement of pet insurance as a growing trend in the highly evolving employee benefits arena.

Not only has Pets Best seen an increased number of employers adopting pet insurance as a highly requested voluntary employee benefit, but it has become a point of difference for many companies competing to catch the eye of potential millennial recruits or simply retaining a great employee. Employers, big and small, are starting to see the benefit of pet insurance, and Pets Best has, in turn, seen exponential growth in the employee channel. Since 2015, Pets Best has seen a fourfold increase in the number of companies requesting information about adding pet insurance as a voluntary benefit.

Since reaching the $50 million milestone in sales in 2017, Pets Best has found that the fast-growing category for increased business is coming from company benefit programs. In 2017, Pets Best sold over 50% more policies to the employer channel than 2016. Pet insurance as an employee benefit is not just a popular trend, but changing their business, while providing peace of mind to the employee.

“There’s no question that pet insurance has grown in popularity and awareness among American pet owners,” said Pets Best President Chris Middleton. “For many pet owners, protecting their pets with insurance ranks almost as important to them as their own health coverage. And, our business growth certainly reflects this culture shift.”

For over 10 years, Pets Best has worked to provide customizable pet insurance plans to companies of all sizes. With quick reimbursements available to policy holders and exceptional customer service, including a 24/7 Helpline, Pets Best works endlessly to make sure your wallet and pet are covered. To learn more, visit www.PetsBest.com.

For media inquiries, interview requests or more information about Pets Best, please contact Kerry SutherlandKerry@KsutherlandPR.com or by calling (775) 360-6101.

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About Pets Best Insurance Services, LLC

Pets Best was founded in 2005 by veterinarian Dr. Jack Stephens with a mission to provide access to comprehensive animal healthcare at an affordable price. Dr. Stephens’ passion for saving pets is what brought him to start pet insurance in the U.S. in 1980. Pets Best offers pet insurance for dogs and cats in every state and has paid over $150 million in claims to their customers. Customers rate Pets Best 9.6 out of 10 (TrustPilot) and they are recommended by veterinarians across the nation. Built upon a legacy of innovation, Pets Best focuses on putting customers first by offering unlimited accident and illness plans, wellness plans, a mobile app, a 24/7 Pet Helpline (powered by whiskerDocs), and more. Pets Best offers pet insurance for multiple fortune 500 companies through leading partner connectivity and technology. Pets Best is a proud founding member of NAPHIA, an organization that has established high standards and transparency for the pet insurance industry. Visit www.petsbest.com for more information.