he life, health and well-being of domestic animals, particularly cats and dogs, can now benefit from insurance protection following the roll-out of Guardian General Insurance Limited’s Pet Guard policy in the local market.
Introduced during the last quarter of 2022, Pet Guard offered as a rider or policy provision can be purchased under an existing Guardian General home/content or motor vehicle policy. Also referred to as an insurance endorsement, riders are addenda to an insurance policy often providing added coverage and/or increased benefits.
With premiums starting at $2000 up to $9000 per annum, pets can receive insurance coverage limits spanning $20,000-$100,000, which the provider said can be useful in lessening some of the overall costs associated with caring for pets especially during times of illness and when faced with theft, injury and sudden or accidental death of the animal.
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