Petco and Nationwide Partner on Pet Insurance Product
The retailer and insurer launch consumer offering through petco.com.
Nationwide and Petco Health and Wellness Company, Inc. announced the launch of a new customizable pet health insurance offering through petco.com.
Petco | Nationwide pet insurance leverages Nationwide’s customizable pet health insurance product within Petco’s unique and fully integrated pet care ecosystem, according to a release. The co-branded experience on petco.com enables visitors to build a policy that fits the individual needs of their pet and budget. The two companies said the product was created through their “shared commitment to provide affordable and integrated pet health, wellness and protection solutions.”
Petco | Nationwide pet insurance provides essential coverage for unexpected veterinary expenses resulting from accidental injuries including broken bones, lacerations, poisoning and other incidents. Pet parents may also choose optional coverage for veterinary expenses related to diagnosis and treatment of illness or disease. Wellness is also offered as an optional coverage to help families manage costs of routine and preventive care such as checkups, vaccinations, flea and tick prevention, and other procedures.
“We’re thrilled to pair our most flexible pet protection solution with Petco’s veterinary services to offer convenient, unified care within Petco’s complete ecosystem,” said Mariel Devesa, Head of Growth, Expansion & Development for Nationwide pet insurance. “This latest expansion of our partnership with Petco delivers integrated and affordable pet health and protection that will enable more pet parents to ‘say yes to the vet.’”
To meet their budget, pet parents may further customize their policy through:
- Reimbursement ranging from 50% to 90% of all eligible veterinary expenses
- Flexible annual deduction options from $100 to $500
- Coverage limits from $500 to unlimited
Plans are available for dogs and cats, as well as many avian and exotic animals, including popular pets such as reptiles and rodents. Accident plans in some areas start at $16/month for dogs and $9/month for cats.
Once enrolled, members will receive exclusive discounts and savings on veterinary services available through Petco’s growing network of over 280 Vetco Total Care hospitals and approximately 1,450 weekly mobile Vetco clinics across the United States, according to the release. The partnership also offers more than 1.2 million members of Nationwide’s broader pet insurance network a first-of-its-kind discount of 10% when visiting a Vetco Total Care hospital or Vetco mobile clinic. The discount applies to all services rendered during the visit, even those that may not be eligible for reimbursement based on a member’s chosen coverage.
“Increasing access to high-quality, affordable and seamless veterinary care is a key component of Petco’s mission to improve lives,” said Petco Chief Veterinarian Dr. Whitney Miller, DVM, MBA, DACVPM. “The customizable, data-driven pet insurance and care solutions we co-developed with Nationwide are designed to help families of all budgets and areas of the country prioritize their pets’ immediate and long-term needs through our 360-degree health and wellness ecosystem.”
Photo credit: istockphoto.com/FG Trade
