It is interesting to know from newspaper report that an Indian Businessman has imported German Shepherd dog for Rs 29 lakhs.At present Pet insurance policy the owner may buy will covere death risk. It means in the event of the death of the pet sum assured is payable.We wonder whether any Indian Insurance co will issue a cover for a dog for Rs 29 lakhs.
Health insurance policy which can cover the treatment of the dog is not available.
Such policies are freely available in the world.Let us hope that at least 2 insurance co's will come out with such policy.It is time that insurance co's come out with specialised products to cater to niche market .Innovation in product development is the need of the day.
Thursday, November 1, 2007
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