Over-50s insurance provider RIAS has created a new pet insurance policy.
The pet insurance product is different than those currently available on the market, as there is no upper limit on the age of the pet, RIAS claims.
RIAS cites Datamonitor figures which state that one third of dogs are classed as old, which could lead to the owner being rejected for a pet insurance policy application.
Janet Connor, managing director of RIAS, comments: “With one in three pet owners having made unplanned visits to the vet over the last two years and the average cost of each visit being £130, getting a pet insured can offer owners real peace of mind.
“Our pet insurance offering is all about providing customers that reassurance.”
Ms Connor continues that the benefits a pet can offer to UK residents can be “enormous” and pet insurance can help to reassure owners about the health of their animal.
Many over UK residents over 50 years old may have pets to provide them with companionship and walking a dog can also provide good regular exercise.