Paws & Clauses Pet Insurance Fine Print
Regulators adopt first significant legislation for fast-growing pet insurance industry. Now, states must decide.
Regulators gathering at the National Association of Insurance Commissioners’ (NAIC) Summer National Meeting voted to adopt the Pet Insurance Model Act nearly three years after the Pet Insurance Working Group began its drafting process. “This model law establishes clear rules for the sale of pet insurance and provides important disclosures to pet owners interested in […]
- Did you know? With the notable exception of Trupanion, every pet insurance brand has an ’emergency escape hatch’ clause, best known as a ‘cancel clause.’
