FWD has partnered with virtual bank livi to launch a pet insurance offering, Pet Care.
According to a customer survey conducted by FWDGI, 77% of pet owners have been reluctant to purchase pet insurance due to limited tailored options and prohibitive costs. Pet Care addresses this issue by offering three benefit levels, covering a wide range of expenses including medical, surgical, funeral, and overseas costs.
Pet Care offers a fixed annual premium of HK$1,410 for pets of different ages and includes multi-pet and no-claim discounts of up to 15%. Customers can sign up for the policies via the four-step process on the livi App.
FWDGI CEO, David Yim added: “We are proud to be partnering with livi bank to launch Pet Care. We understand the needs of pet owners and are committed to providing them with comprehensive coverage at an affordable price. We believe that Pet Care will be a valuable addition to our insurance portfolio.”
Commenting on the launch, livi bank CEO, David Chung said: “We are delighted to launch Pet Care to meet the needs of our customers. We understand the importance of pet insurance and are committed to providing comprehensive coverage at an affordable price. We are confident that Pet Care will be a valuable addition to our insurance portfolio.”
