Pet Owner’s Decision Process
Pet owners may think about the cost, and what benefits come from buying the pet insurance. They may also look for how much the insurance covers and what they may pay out of pocket. “When purchasing any pet insurance plan, the most important consideration must be the long term health and wellbeing of your pet… Take a close look at the costs of each plan, and weigh these costs against the benefits of each plan” (Puplife.com).
More Than Economics
Buying pet insurance is more than an economic decision, because many pet owners genuinely care for their pets. Some pet owners see their pets as children, and they want to be able to take care of their “child”. The pet insurance makes it more affordable to meet the pet owner’s goals in keeping their pets healthy and taking care of their illnesses.
Positives and Negatives of VPI
…show more content…
The customers who have the cheaper plan may feel like the insurance is more affordable, but they will not get covered for much.
This means that they will have to pay either all or some of the vet bills themselves, depending on their pet’s condition. Those customers who have the more expensive plan may feel like it’s worth the cost, because VPI pays for more of the health problems of their pets. VPI can continue to monitor their customers forums, so that they can see where they need to make some adjustments in their insurance plans. “By monitoring and proactively responding to seemingly uncontrollable events in the environment, companies can prevent the negatives from spiraling out of control or even turn them into positives” (Armstrong, Kotler
2015). Insurance Usage In the United States pet insurance may be something that isn’t as important as other insurances such as, car, medical, life, and etc. Those insurance plans may be more expensive here than in other countries. Which means that pet insurance could be more affordable in Great Britain or Sweden. VPI’s Future Growth I believe that VPI will continue to grow, but not at a higher rate as before. There will be more varieties of pet insurances for buyers in the future to choose from. As more varieties of pet insurances come out, the more customers VPI could lose, which slows down their growth.
Pets, Inc. may argue parody under 15 U.S.C §1125(c)(3)(A)(ii), to assert that they have not impaired the distinctiveness of Chapels mark, parody is not a complete defense under Trademark Dilution due to Pets, Inc.’s use of the mark as its designation of source i.e. as its trademark.
It is true that there are people out there who are out of control on their financial spending in regards to their pet.This is the case for many due to the amount
Have you ever wondered how much it costs to have and maintain a pet? Burkhard Bilger, the author of “The Last Meow”, explains how Americans spend a lot of money on their pets and that people's “love affair” with their pets has gotten out of control. An observation I have made is that in many movies dogs are treated very well. When I was younger, I watched a movie called Bratz and one character would always have her dog inside a dog purse and they would even get manicures and pedicures together. The dog always had shiny clothes on and it was always very clean. Therefore, I agree with Bilger's argument that Americans “love affair” with their pets has gotten out of control.
The Dangerous Dogs Act 1991 was put in place to make the public feel protected from dangerous dogs. The act was put in place due to the figures of dog attacks been on the rise. The act came into force on the twelfth of August 1991 and relates to dogs that are bred for fighting.
Thousands of animals are put to sleep each year due to not having any available homes for them to be adopted. According to Jennifer Sexton and Tom Warhol in Domestic Animal Overpopulation, “The average female cat can produce two litters of six kittens per year, a female dog can produce one litter of six or more puppies per year, making pet overpopulation a significant problem.” Animal overpopulation is costing money and you can help the pets with spay and neutering programs. A new solution is mandatory contracts for breeders and spay and neuter programs. This paper will talk about spay and neuter programs, contracts for breeders, and why some people don’t think animal overpopulation is a problem.
There are a variety of options chosen that determine an individual’s insurance premium. One option in determining cost are the controllable factors individuals choose when...
Seigel, J. M. "Stressful Life Events and use of Physician Services Among the Elderly: The Moderating Role of Pet Ownership." Journal of Personality & Social Psychology 58 (1990): 108-86.
It is important to remember that Pet health insurance is not some sort of discount plan which is guaranteed to save you money. The majority of pet health insurance contract holders will actually lose money in the long run, if that were not the case than there would be no companies offering pet health insurance. However, what pet health insurance does or at least should provide to all subscribers is peace of mind in knowing that cost of veterinary care will not be a factor when deciding whether or not to continue the life of a beloved pet.
They say that a dog is a man’s best friend, but they don’t tell you about the overall cost, responsibility, or convenience of adopting one. Dogs are supposed to bring so much joy to a household, but sometimes they can only fill a void for a short amount of time. When a dog owner buys a dog, do they actually research the things that they are about to get into? When I bought my dog, Skye, I never really looked into issues; I just looked at the benefits. I love Skye to death, and I guess I could say that she also loves me to death.
Most homeowners normally have pets at home. You will realize that these pets normally provide companionship to their owners. Some of the common pets that are kept by most homeowners include: dogs, cats and so on. Pets are wonderful creatures. They require to be trained from time to time. Most people usually prefer keeping a dog as a pet.
Over 71 million American households (62%) have a pet, and most people think of their pets as members of the family. Some research studies have found that people who have a pet have healthier hearts, stay home sick less often, make fewer visits to the doctor, get more exercise, and are less depressed. Pets may also have a significant impact on allergies, asthma, social support, and social interactions with other people (Casciotti) .
“A dog is a man’s best friend” goes much deeper than the phrase might initially imply. Recently many medical journals have begun to identify with the many and varied benefits of pet ownership. Men have always relied upon animals for work, transportation, and survival. As times have changed, man has begun to appreciate a different bond with animals. Gone are the days of animals running free outside around the homestead, for now animals are allowed inside and are considered by many to be an integral part of our daily lives! Medical studies have found that animals have a much greater intelligence level than originally thought. Through proper training and experience, animals are not only household pets, but also are becoming an accepted form of medical treatment.
Saving:-Along with the support of medical care that a policy provides, it is also important to note financial benefits that it gives. You save in two different ways with a medical insurance
There are many reasons to get a pet. You could choose to get a pet for a companion, or simply to add to your family. Many older folk choose to get a pet after they retire or lose their spouse so they do not feel lonely. Many young couples choose to get a pet before they opt to have children, and many families add a pet to their home for their children. The question is though, what type of pet to get? Do you get a cat, or a dog? Having a dog as a pet over a cat is much more enjoyable and beneficial to your life, specifically because of their behavior, convenience, and loyalty.
Owning a pet will lengthen your life. People who have the responsibility of the care of an animal