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Article: Pet Insurance Industry Grows.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- April 28, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Apr. 27 -- When Jack Stephens' miniature pinscher was attacked by a coyote the week before Christmas, his daughter took the dog to the veterinarian. The doctor told her that the pinscher, Thelma, would need expensive surgery and might not live.
The veterinarian suggested she consider putting the animal to sleep. But Stephens' daughter didn't hesitate to authorize about $3,000 in procedures that the dog needed.
That's because Stephens had pet insurance for the dog and with the coverage it provided, all of Thelma's care cost him a few hundred dollars. (The dog ended up living after surgery for a punctured lung ...