Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Pet cat Insurance Market various segments and emerging territory.
Pet cat Insurance Market Overview Pet cat insurance is a type of specialty property and casualty insurance policy that cat owners purchase to cover the unintended costs that arise in providing care for a cat, including veterinary services such as surgical procedures, injuries from accidents, and prescribed pet medicines. The insurance can include partial or total reimbursement with basic or premium features or programs. Developed countries are seeing significant growth owing to the rise in the number of pets.
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By Reuters Staff
2 Min Read
FILE PHOTO: Customers are seen looking at cars at Cargiant, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 1, 2020. REUTERS/Toby Melville
(Reuters) - The cost of a comprehensive motor insurance policy in Britain fell for a fourth straight quarter, with the latest quarter recording a 6% decline, pushed down by coronavirus-led lockdown measures and subsequent claims, a survey showed on Friday.
The average premium for a comprehensive policy is now 763 pounds ($1,041.34), according to the latest index from price comparison site Confused.com, compiled by insurance advisory company Willis Towers Watson Plc.
The report showed that drivers are now paying 52 pounds lesser than they were 12 months ago, but the rate of decline was slowing.