Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.
Pet adoption is the process of transferring responsibility for a pet that was previously owned by another party. Common sources for adoptable pets are animal shelters, rescue groups, or other pet owners. Some organizations give adopters ownership of the pet, while others use a guardianship model wherein the organization retains some control over the animal's future use or care.
Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses.
Vehicle insurance is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is referred to as the "ceding company" or "cedent". The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes or wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes.
Home insurance, also commonly called homeowner's insurance, is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use, or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory.
In insurance, co-insurance or coinsurance is the splitting or spreading of risk among multiple parties.
Pet sitting is the act of temporarily taking care of another person's pet for a given time frame. It commonly occurs at the pet owner's home, but may also occur at the provider's home or at a pet sitting place of business or organization. Pet sitting is a more personal and individualized arrangement for care compared to boarding or kenneling. Specialized training is usually not required for pet sitting.
A dog licence is required in some jurisdictions to be the keeper of a dog. Usually a dog-licence identifying number is issued to the owner, along with a dog tag bearing the identifier and a contact number for the registering organization. If a stray pet is found with the tag, a rescuer can call the registering organization to get current contact information for the animal.
Bruce Fogle, is a vet and author of pet care books and travel narratives. Canadian by birth, he has lived and worked in London for over 40 years.
Hill's Pet Nutrition, Inc., marketed simply as "Hill's", is an American pet food company that produces dog and cat foods. The company is a subsidiary of Colgate-Palmolive.
Dr. Jeff Werber, DVM is an American veterinarian and veterinary medical journalist. Werber has hosted the television series Lassie's Pet Vet, as well as appearing as a pet-topic contributor on such programs as The Dr. Oz Show, Rachael Ray, and Fox & Friends.
Fetch is a pet insurance provider, helping pet owners cover veterinary bills in the United States and Canada.
Obesity in pets occurs when excessive adipose tissue accumulates in the body, and is generally defined as occurring when an animal's body weight is at least 20% greater than its optimal body weight. Obesity is associated with metabolic and hormonal changes, and can predispose pets to illnesses like orthopedic disease, diabetes, and cancer.
Vehicle insurance in the United States is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some minimum level of liability insurance. States that do not require the vehicle owner to carry car insurance include Virginia, where an uninsured motor vehicle fee may be paid to the state, New Hampshire, and Mississippi, which offers vehicle owners the option to post cash bonds. The privileges and immunities clause of Article IV of the U.S. Constitution protects the rights of citizens in each respective state when traveling to another. A motor vehicle owner typically pays insurers a monthly or yearly fee, often called an insurance premium. The insurance premium a motor vehicle owner pays is usually determined by a variety of factors including the type of covered vehicle, marital status, credit score, whether the driver rents or owns a home, the age and gender of any covered drivers, their driving history, and the location where the vehicle is primarily driven and stored. Most insurance companies will increase insurance premium rates based on these factors, and less frequently, offer discounts.
Veterinary medicine in the United States is the performance of veterinary medicine in the United States, normally performed by licensed medical professionals, and subject to provisions of statute law which vary by state. Veterinary medicine is normally led by veterinary physicians, termed veterinarians or vets, but also by paraveterinary workers, such as veterinary technicians, and veterinary assistants. This can be augmented by other paraprofessionals with specific specialties, such as animal physiotherapy or dentistry, and species-relevant roles such as farriers.
Trupanion, established in 1998, is a pet insurance provider headquartered in Seattle, Washington. Operating across the United States, Canada, Australia, and Puerto Rico, Trupanion offers coverage for pets. The company is self-underwritten by the American Pet Insurance Company (APIC).
Pet Plan Limited, trading as Petplan, is a London-based pet insurance company. It is a subsidiary of Allianz Insurance plc, part of the Allianz Global Group. Petplan is the largest pet insurance provider in the UK.
The pet industry is the market industry associated with companion animals. It includes things that are associated with the production, consumption and cultural activities linked to the market. Next to nutrition, toys and animal healthcare, new services and products like taxis, kindergartens, hotels, IT appliances, broadcasting, theme parks and funeral services are appearing on the market.
The Hambone Award is presented annually by the Veterinary Pet Insurance Company subsidiary of Nationwide Insurance to the family of the pet that wins a public vote determining whose injuries were caused by the most unusual circumstances.
