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The size of the global pet insurance market, which was $6.05 billion in 2018, is expected to increase to $11.25 billion by 2026. The market is anticipated.
Allied Market Research published a report, “Latin America Pet Insurance Market by Policy Coverage (Accident & Illness, Accident Only, and Others), Animal Type
Rising demand for pet insurance to reduce out-of-pocket costs for serious illnesses such as cancer and unintentional injuries has been positively expected.