Brits still prefer pets to loved ones

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Brits would rather insure pets than themselves or their families, a survey has found.

Although parents are more likely to buy protection, almost two thirds (60%) do not have any cover in place. The research from Ageas found that less than one in ten (9%) people have bought critical illness (CI) protection, while 12% have pet insurance. One fifth of parents said they would have to rely on savings if they needed money for medical treatment or to fund time off work. Less than half the respondents (42%) were prepared to pay up to £20 a month for cover; 15% willing to pay £5 a month, 17% £10 a month and 10% £20 per month. The findings are similar to those published la...

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