A new company, named The Pet Club has been launched in order to give pet owners assurance that they will be able to afford vet bills.
The Pet Club will allow owners to put regular payments into an account which can then only be spent at the vets, if a member doesn’t have enough money in their account to afford the treatment required they can apply for credit through the company.
One of the company’s unique selling points is that unlike with pet insurance owners, will receive the money from their account back if their pet dies.
A statement by The Pet Club read: “Over 75 percent of pets are not insured. As a pet owner do you want to make sure you have the money to pay for your vet bill if your pet is ill, sick or injured? Pet owners who want to make sure they have enough money to pay for their pet’s treatment, can join the pet club and save in their account.
“And if you don’t spend it you can get your money back. You can pay into your account by Standing Order and once registered you can view your account, adjust payments and most importantly pay your vet’s bill at the click of a button online or by phone at any time day or night.”
The company claims to be the UK’s first pet savings company.