British pet owners will spend more than £100 million on presents for their animals this year, one insurer says.
According to a survey by The Co-operative Insurance, the average figure of £11.78 per pet owner is 10% higher than last year. That's in contrast to another survey question which found that 45% of people planned to spend less on gifts for human friends and family.
In what is not exactly a coincidence, The Co-Operative has just launched a new range of pet cover products starting at £10.69 a month for dogs and £6.32 a month for cats. There are two variants: Classic cover pays up to £2,000 per condition for 12 months after diagnoses, while Select Plus covers conditions for as long as the customer continues renewing the annual policy.
There are also two optional add-on bundles: Additional benefits covers risks such as the pet being lost or stolen, while Pet Travel covers treatment overseas and any resulting quarantine expenses.