Cebuana Lhuillier, one of the Philippines’ leading and largest micro-financial service providers and a champion in financial inclusivity and mobility, recently launched its new insurance product for dogs.
The Philippines has one of the highest dog populations in the world at11.6 million as of 2020. Furthermore, the Philippines have the highest rate of pet ownership among the Southeast Asian countries at 83%, led by dog owners at 67%. In the course of the pandemic alone, the interest of Filipinos in owning pets grew 88% compared with 2019 figures. With the continuous growth of the pet industry, a big chunk of this is limited to grooming, nutrition, and the like. With a limited option for health care, pet owners are constantly challenged financially in order to provide for the medical needs of their fur babies.
This is the inspiration behind Cebuana Lhuillier’s Pet Insurance Basic, a microinsurance product especially made for fur babies which is expected to serve as a welcome respite for dog-owners saddled with large veterinary bills for checkups, procedures, and medical emergencies.
“Dogs have always been loyal life companions, so it’s only right that we take care of them, especially during their health emergencies. With responsible pet ownership in mind, Cebuana Lhuillier is proud to introduce a product that’s both accessible and affordable for many of our kababayans who would like to provide their pet dogs with the best care possible, regardless of breed. This highlights our company’s commitment in providing the most relevant and reasonably-priced financial products that correspond to their needs,” said Cebuana Lhuillier and CEO, Jean Henri Lhuillier.
Pet Insurance Basic provides reimbursement from any veterinary treatment or confinement in a vet hospital in the event of an accident or disease, as well as burial assistance in case of death. Pet Insurance also offers a liability coverage feature for when the insured dog causes damage outside the owner’s home. Aside from that, owners are also insured for personal accidents for up to Php 25,000.00. For as low as P1,100.00 or P3.00/day, you can get all of these insurance benefits and features for a one-year coverage.
Make sure your pets are insured by shopping Pet Insurance Basic online through Shopee and Lazada and get your pets protected, anytime and anywhere.
