Here are three reasons why pet insurance can help employees with their financial wellness:

Pet insurance offers a cushion for unexpected expenses.
- Most pet parents (67%) primarily pay out-of-pocket or with cash for vet expenses, and 1 in 5 (22%) pet parents say they are "not very comfortable" financially when it comes to managing veterinary expenses, according to an August 2020 survey from MetLife and Civic Sciences.
- By covering accidents, illnesses, surgeries, exam fees, medications and more, pet insurance can help ensure that these unexpected expenses do not further strain financially stressed employees.
Payment plans are flexible.
- With many employees grappling with financial stress due to the pandemic, having available cash on hand may be difficult.
- Pet parents can customize deductibles and reimbursement rates, making their pet insurance affordable and manageable.
Plans off quick enrollment and claims processes.
- Pet insurance comes with the peach of mind that claims will be addressed in a timely manner. That's especially valuable in an emergency when stressors are abound.
- MetLife processes the majority of pet insurance claims (80%) within 10 days or less, which goes a long way to ease the financial burden linked to pet care.

Almost half of all employees agree that employers have a responsibility to address their financial well-being, according to MetLife research. How can employers adequately support their pet-owning employees? The answer is simple: Offer employees pet insurance.

Instant Insights /

How pet insurance promotes employee financial wellness

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