Pet insurance now available in Cyprus

DOMESTIC PET, cattle and equine owners can finally take out insurance for their animals, now that Cosmos Insurance has joined forces with international agency Catlin Group Limited to prepare a specific insurance plan.

The two companies yesterday presented the new plan, which aims to offer better protection to pet owners and farmers, in regards to veterinary fees and general coverage for third party liability.

Up until now, pet insurance wasn’t really offered by anyone, except one or two companies, who offered it in combination with other insurance plans.

Stefi Drakou, the general manager of the Insurance Association of Cyprus, yesterday said it was about time Cyprus’ market opened up to this new opportunity, offering pet and cattle owners the right to protect themselves against insurable dangers.

“The fact that this is the first time this is product, directed at niche markets, will be used in Cyprus means Cosmos will be alone in the market,” said Drakou.

The package is not fully ready yet – a spokesman for Cosmos yesterday said it was expected to be complete by next week, when interested parties can contact the company to have it sent out.

The PetCare plan covers dogs and cats only in the domestic sector, and covers veterinary fees due to accidental external injury, death due to accidental external injury and third party liability.

For more information, visit www.cosmosinsurance.com.cy or contact the head office on 22-79600

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.