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Pets Market

Hong Kong and Singapore have an identical number of pets per family at round 0.5, but Hong Kong is witnessing a significantly greater per capita spend, virtually six times that of Singapore. The share of premium dog and cat food is near 75%, whereas it is only round 55-60% for Japan, Taiwan and Singapore; highlighting the urge for food for premium food and products in Hong Kong. But you will get unique pet insurance coverage for pets like birds, fish, reptiles, small mammals and amphibians. Pet statistics present that Canada is an animal-loving nation, with nearly all of households owning a pet.

Pets Market

After three years, you’ve paid $1,728 in pet insurance coverage premiums. Pet insurance coverage firms have discovered that feminine pets normally have fewer claims in comparability with males, so some insurers use pet gender in pricing. Male pets price about 5% more than females for pet insurance coverage, based on the National Association of Insurance Commissioners.