Photo: LIMO
According to Fuji Keizai Co., Ltd.'s "2021 Pet-Related Market Marketing Overview", the number of pet insurance contracts in fiscal 2020 is 2.21 million. In the forecast for 2023, it is estimated that there will be 3.17 million contracts. [Chart] How much does it cost to keep a dog or cat? Pet insurance protects your precious family, but if you choose the wrong one, you may be forced to pay 100% of the cost yourself. This time, I will use my experience as a former insurance salesperson to explain how to choose the right pet insurance, and also introduce the experience that happened to my pet.
Total cost and percentage of pet costs
"2021 Nationwide Dog and Cat Breeding Fact-finding Survey" "Dog Breeding and Feeding Reality and Expenditure" "Cat Breeding and Feeding" by the Pet Food Association According to "Actual Situation and Expenditure", the necessary lifetime expenses for dogs are about 2.44 million yen, and the necessary lifetime expenses for cats are about 1.53 million yen. Based on the average age, the average annual expenditure for dogs is about 167,000 yen, and the average annual expenditure for cats is about 98,000 yen. How much of this expenditure will be spent on pet care? Let's take a look at the ′′ survey on pet spending ′′ conducted by ipet insurance in March 2021 It turns out that the expenditure for illness and injury is high for both dogs and cats. Pet owners do not have a public health insurance system like humans do, so the pet owner is responsible for 100% of the medical costs, which can easily result in a large amount of expenses at one time. In addition, many households have multiple pets, so it is a good idea to prepare for large expenses with pet insurance. Here's how to choose the best pet insurance.
How to choose 1. Check the subscription conditions
Subscription conditions vary depending on the type, age, and medical history of your pet. For dogs, insurance premiums vary depending on the breed and weight of the dog. Small dogs like Chihuahuas and toy poodles tend to have lower premiums, while larger dogs tend to have higher premiums. On the other hand, cat insurance premiums are basically flat. If you are less than 2 months old or older than 8 years old, it will be difficult for you to join. You can join if you are in good health. Depending on the insurance company, you may be able to enroll under certain conditions even during treatment for illness or injury, but depending on the degree, there are cases where enrollment will be refused. There are other pet insurances that accept small animals, so be sure to check the terms and conditions.