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The Era of Pet Insurance
AI 3-line summary
- In her column, I Yujeong MBA said veterinary costs are fully borne by the owner and recommended pet insurance, writing that new products have switched to a one-year renewal type since May 2025.
- The column put the pet insurance enrollment rate at 1.7% and noted that 11 non-life insurers sell it, with Meritz Fire holding over 50% market share.
- Enrollment ages range from 2 months to 10 years old, and buyers should check disclosure of pre-existing conditions, 30 to 90-day waiting periods, and coverage exclusions such as vaccinations.
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Read the full article (machine translation) → Original article (Korean): 펫보험 시대
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