I get quite a few people contacting me about selling pet insurance in the US. Most people aren't aware that you have to be licensed to sell it although at least on pet insurance company has an affiliate program just to pass on leads.
By US law, pet insurance must be sold by a licensed insurance broker, just like all insurance products. But what kind of insurance broker? The answer is a property/casualty insurance broker.
But isn't pet insurance health insurance? Well, yes, it is in that it is very similar to human health insurance in the way that it acts, but by US law, pets are property so insurance for losses caused by property falls under property casualty insurance, specifically the inland marine category.
Here's an interesting fact for you: inland marine happens to be the insurance classification where all your household goods fit, so ironically, your cat or dog gets treated the same way as your fur coat does in the eyes of insurance law.
Talk about an odd world!
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