Pet insurance important for old age - Pet insurance quote

Posted : 30-04-2008

The cost of owning a cat and dog has been revealed in new research and suggests that owners should purchase pet health insurance.

A study by Sainsbury's shows that owning a dog for five years costs the owner on average £2,784 and by 15 years this has increased to £10,985.

However, if the canine is owned for 20 years, the lifetime costs rockets to £16,930.

Cat owners pay less over their pet's lifetime, but it still amounts to a significant financial commitment, the research shows.

At five years, an average of £1,826 has been spent, which increases to £7,204 at 15 years and £11,103 when the cat hits 20 years old.

Steve Johnson, at Sainsbury's, said: "It's important that owners and potential purchasers fully appreciate the financial commitment related to owning a cat or dog.

"Costs can also escalate as pets get older as they often need extra medical care and attention."

He also advised that pet health insurance is taken out to help with any vet bills the owner may be presented with.

A dog that reaches old age may develop a number of symptoms, including slowing down, grey hairs and reduced hearing, according to About.com.

Please click here for more information on pet health insurance and a pet insurance online quote.


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