This launch expands Unum’s financial benefits portfolio to offer comprehensive protection for employees and their families.
Unum Pet Insurance is provided in partnership with Nationwide, the pet insurance industry leader with over 40 years of experience and more than a million pets protected. Pet insurance is increasingly becoming a sought-after benefit for today’s workforce, and Unum Pet Insurance helps employees manage the rising costs of pet ownership, covering expenses related to accidents, illnesses, wellness, and preventative care.
The introduction of Unum Pet Insurance aims to enhance employee engagement and satisfaction with their benefits packages. It integrates smoothly with Unum’s voluntary benefits, offering employers a straightforward way to include pet insurance in their offerings.
“We are thrilled to be rounding out our voluntary benefits portfolio with the addition of Unum Pet Insurance,” said Tim Arnold, Unum Group’s executive vice president of voluntary benefits and president of Colonial Life, a Unum Group company.
“As workforce needs and employee expectations evolve, we must too. Employees want more than protection for themselves — they want to ensure their families are cared for as well. For employers, it is important to remember that everyone defines family differently, and for many, pets are just as important as any other member of the household. Unum Pet Insurance ensures that we’re meeting employees where they’re at and fulfilling our purpose of helping the working world thrive throughout life’s moments.”
Unum Pet Insurance offers comprehensive coverage for various pet health needs, including significant medical issues and routine care. Key features of the coverage include:
- Access to any licensed veterinarian with convenient mobile claims and digital payments available at any time.
- Options for 50% and 70% reimbursement.
- VetHelpline®: 24/7 access to live veterinary professionals via video consultations.
- Discounts on eligible pet prescriptions through participating pharmacies.
- Coverage for emergency boarding costs when a human household member is hospitalized for illness or injury.
- Optional Wellness Coverage: Covers non-accident and illness-related expenses such as physicals, vaccines, flea and tick treatments, microchipping, and deworming.
- Lost Pet Support: Covers advertising costs and rewards for finding a lost pet, plus additional coverage if the pet remains unfound for two months.
- Mortality Coverage: Includes euthanasia, cremation, burial costs, and the original cost of the pet (up to a combined $1,000).
Nationwide, the provider of Unum Pet Insurance, pioneered pet health insurance in the US more than 40 years ago and currently insures over 1.2 million pets, including dogs, cats, and exotic pets. As the first carrier to offer pet insurance as a voluntary benefit through brokers and employee groups over 20 years ago, Nationwide’s expertise and experience strengthen Unum Group’s efforts to provide comprehensive protection to workers and their families through this partnership.
“Employers are looking for every lever to keep their best employees and attract top talent, and research shows that offering pet-related benefits provides that competitive advantage,” said Melissa Lovely, Vice President of Sales for Nationwide pet insurance.
She continued: “Offering pet health insurance as a voluntary benefit is a win/win for employer and employee. It demonstrates that the company is invested in the wellbeing of the whole family, and it makes it easier and more affordable for employees to protect their beloved pets.”
Lovely added: “This partnership between Nationwide and Unum positions our industry-leading companies to support a greater number of pet-owning employees and provide more care for more pets.”
Source: PR Newswire
