NEW YORK–( BUSINESS WIRE )–As pet ownership levels in the United States continue to reach new heights, MetLife Pet Insurance coverage announced today it will partner with one of the world’s most legendary pets, Snoopy, to build greater awareness of the critical importance of pet health insurance.
While there are over 90 million families with pets within the U. S. nowadays, less than 3% associated with those pets are insured. The company’s partnership along with Charlie Brown’s iconic dog aims to change this by educating the particular nation’s dog parents about the benefits of pet protection for safeguarding their personal finances and improving animal well-being.
“MetLife is committed to building a more confident future for our customers and their loved ones – which we know also means their pets, ” said Brian Jorgensen, head of Pet Insurance at MetLife. “As we grow, we’ve engaged an old friend and perhaps 1 of the world’s the majority of well-known animals, Snoopy, in order to ensure we’re furthering this mission simply by raising family pet insurance visibility and education. ”
The benefits of MetLife Pet Insurance policy
Amid growing economic uncertainties, pet owners have faced rising care costs and difficult tradeoffs leading many to struggle financially. According in order to MetLife research , 84% of pet parents reported increased dog care costs in 2022, and another 50% were concerned rising costs will certainly prevent them from being able to be a pet parent in the future. In addition to increasing prices with regard to routine treatment and family pet necessities, pet parents can find themselves faced with exorbitant bills they cannot afford following emergency vet visits, surgeries, or long-term hospitalizations.
Since introducing MetLife Dog Insurance within 2020, MetLife has become the top pet health insurance provider in the particular workplace, offering affordable products with a range of unique features, including 24/7 vet access over virtual chat, family plans covering multiple domestic pets under a single policy, and no breed exclusions or upper age limits. Plans also offer chronic condition care, coverage for exam fees, with no lifetime or even per-incident limitations. This extensive coverage means pets can get the care they need to live long, healthy lives – and dog parents may remain worry-free about affording their pet’s care.
Accessing pet insurance can be as simple as visiting www.metlife.com/petinsurance or reviewing the benefits offered in work. Employers are increasingly making family pet medical health insurance available to employees to support the well-being of all family members and this distribution channel is projected to develop. According to MetLife’s 20 th Annual Employee Benefit Trends Study (EBTS), 65% of workers with pets are currently interested in their own employer providing pet insurance coverage.
The mission to increase pet insurance policy awareness
MetLife plus Snoopy had a more compared to 30-year partnership through 2016. MetLife entered the pet insurance plan category in 2020, prompting a review of how to best address the need for consumer recognition of this particular fast-emerging category. Establishing the new relationship with the beloved beagle was a clear solution to addressing the significant need for driving awareness and understanding within the marketplace.
“We are excited to reconnect with our friends at MetLife to focus on this new effort to drive awareness of pet insurance in the U. S., ” said Tim Erickson, executive vice president, Peanuts Worldwide. “The power of the Peanuts characters – especially Snoopy – endures, and we feel assured they may lend a helping hand to MetLife’s Pet Insurance plan endeavors. ”
“Pet insurance protects dog owners against the unexpected – which indicates pets get the treatment they require, and family pet parents can stay free of worry. The challenge is that not enough people know this particular benefit exists in their company plan, ” said Jorgensen. “The interest is there – our study proves it. But there’s a clear lack of understanding of what pet insurance can do or help cover. This partnership aims to change that. ”
MetLife, Inc. (NYSE: MET), through its subsidiaries plus affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance coverage, annuities, employee benefits and asset management to assist individual plus institutional clients build a more confident long term. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com .
About MetLife Pet Insurance Solutions, LLC
MetLife Pet coverage is underwritten by Metropolitan General Insurance coverage Company, the Rhode Island company, or even Independence American Insurance Company, a Delaware company. MetLife Pet Insurance policy Solutions LLC is the administrator for this protection. The entity may operate under an alternate, assumed, or fictitious name in certain jurisdictions as approved, including MetLife Family pet Insurance Services LLC (New York and Minnesota), MetLife Pet Insurance plan Solutions Agency LLC (Illinois). For a lot more information, visit www.metlife.com/petinsurance .
The figures of Nuts and related intellectual property are owned by Peanuts Worldwide, which is 41% possessed by WildBrain Ltd. (TSX: WILD), 39% owned by Sony Music Entertainment (Japan) Inc., plus 20% owned by the particular family of Charles M. Schulz, who first introduced the world in order to Peanuts within 1950, when the comic strip debuted in seven newspapers. Since then, Charlie Brown, Snoopy and the rest of the Peanuts gang have made an indelible mark on popular culture. Along with enjoying beloved Nuts shows plus specials upon Apple TV+, fans associated with all ages celebrate the particular Peanuts brand worldwide through thousands of consumer products, because well since amusement park attractions, cultural events, social media, and comic strips available within all formats, from traditional to digital.