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Igloo Offers A Variety Of Pet Insurance Products For Your Beloved Animals

Studies show that there are many benefits to owning pets for humans. Pets can not only be companions, but also good for health, boost the immune system, relieve stress, support child development, and much more.

However, if not properly cared for, pets can be at risk of various health problems, which can have a negative impact on their owners, such as on their mental and financial conditions that may arise. Igloo, a regional insurtech company, shares tips in this article to help pet owners avoid financial risks by ensuring protection through pet insurance. This insurance product, with premiums starting from Rp73,000 per year, does not require certification for insured pets.

"With the increasing number of pet ownership by the Indonesian community, their understanding of the importance of maintaining pet health is also increasing.

Therefore, we believe that pet insurance is very important, especially for owners of dogs, cats, or other pets. This is also Igloo's commitment to provide affordable microinsurance products that are in line with the lifestyle and needs of the Indonesian people," said Henry Mixson, Country Manager of Igloo Indonesia.

Currently, the pet insurance products offered on the Igloo platform provide protection for both certified and non-certified cats and dogs. According to Igloo's data, cat pet insurance has the highest demand compared to other types of animals, with domestic cats being the most commonly insured type of cat.

As a newer type of product, this insurance focuses on protecting pets from various risks that may threaten them. Here are some benefits of pet insurance for owners:

Just like humans, if pets get sick, owners don't have to worry about the financial risks because insurance will cover some of the hospitalization costs. However, this also means that pet owners need to ensure that their pets are regularly vaccinated and given enough nutrition.

Accidental death

Pets are often at risk of accidents, especially if they are active outside the house. Pet insurance can provide compensation if pets become disabled or even die due to accidents such as drowning, falling, or being hit by vehicles. Pet insurance will also cover the cost of pet cremation if death occurs.

Pet loss

In addition to accidents, the most common risk is losing or kidnapping pets. By using insurance, pet owners will receive compensation or assistance when their pets are lost due to theft by others.

Third-party compensation

No matter how adorable their behavior is, sometimes we cannot fully control the behavior of pets. This can cause pets to attack others or injure their own pets. If someone who is attacked by your pet files a lawsuit, the insurance company can help by covering the medical expenses of that person.

"As part of the family, humans also need to ensure the well-being and health of their pets. Various risks that arise can cause significant financial losses. Therefore, we hope that the micro pet insurance product on the Igloo platform can lighten the burden and protect more consumers," concluded Henry Mixson.