Cutting back on
pet insurance during the credit crunch could prove to be a false economy, it has been claimed.
It is understandable that financial commitments such as paying off a mortgage take precedence during the recession, said Sharon Bratley, chartered financial planner at Fairinvestment.co.uk.
But should a loved animal fall ill, having a limited pet insurance policy could leave already cash-strapped Britons out of pocket.
The message comes as this week marks RSPCA week, aimed at highlighting the plight of animals in need.
"Pet insurance can cost from around £5 a month, which is nothing compared to the average treatment costs of £220," Ms Bratley stated.
According to the RSPCA, the cost burden that pets often place on their owners' finances has contributed to the soaring levels of animals that have been abandoned during the credit crunch.
Pet insurance from
InsureandGo can offer affordable cover for Britons looking to protect their finances from unexpected veterinary costs.
