New Delhi, March 30: Despite a boom in pet care facilities in India, the concept of pet insurance has not become popular here due to unorganised nature of this sector, say experts.
While pet insurance is hugely popular in the western countries, it is still relatively unknown in India, as insurance companies do not advertise about it and a large number of people do not get their pets registered, they say.
“Pet sector is not organised in India. There is no proper care and vaccination for pets, due to which the death rate is high. Such high mortality rate repells the insurance companies and they hesitate to get in,” says Dr Vishal Sharma, a city-based veterinary doctor.
Majority of the insurance policies are dog-oriented, but other animals like elephants, cows, buffalos, cats, sheep, horses etc are also insured by different companies.
-Agencies