Vsurance Offers New Insurance Product To Protect New Pet Owners And Retailers
December 3, 2007 – 6:16 pm | posted in VeterinaryVsurance, Inc. (OTCBB:VSUR) a leading provider of pet health insurance, announced that the Company will provide insurance for new pet owners designed to mitigate the risk that comes with purchasing a new pet.
A November 16, 2007 USA Today article entitled: “States Consider Laws to Protect People from Puppy Lemons” focused on this growing need for States to provide insurance coverage to protect buyers from dog “lemons.” Currently, 17 states have puppy lemon laws, which give consumers recourse if their new pet has problems.
The USA Today article tells the story of Amber Hodgson of Madison, Wisconsin, whose Yorkshire Terrier racked up $2,000 in veterinary bills just two days after she purchased the lovable pet.
“We believe that states that with dog lemon laws such as New York, Florida, and Pennsylvania are on the right track,” commented Russell Smith, CEO of Vsurance, Inc. “Pet owners like Amber Hodgson shouldn’t have to shell out money just days after they purchase a dog. We at Vsurance now offer coverage that not only protects retailers, but protects pet owners as well. We are very excited to introduce such a vitally and important pet insurance product. Purchasing the right pet for the family is an important and difficult decision. This type of lemon law coverage provides these pet owners with needed peace of mind.”
About Vsurance
Vsurance is a leading provider of pet health insurance and other pet health-related services in the for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD(TM), Spot the Pet(TM), and Purrfect Pet Club(TM). Programs include life, liability, and health insurance for pets, horses, and other companion animals.
Safe Harbor Statement
This release includes forward-looking statements, which describe the Company’s business strategy, outlook, objectives, or goals, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This is an informational release and is on corporate awareness with product sales in those licensed states in accordance with applicable insurance regulations. This is a corporate awareness release and is not a solicitation for insurance coverage or benefits. The Get HIP plans are issued and delivered as a surplus line coverage pursuant to Michigan insurance statutes to club association members only.
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