All Press Releases for October 07, 2010

Pets Best Direct Deposit Program Adds Speed and Convenience to Claims Filing and Reimbursement

Pets Best direct deposit program is first of its kind in the pet insurance industry.



    BOISE, ID, October 07, 2010 /24-7PressRelease/ -- Payment reimbursements just became more convenient for pet owners with the introduction of the new Pets Best Direct Deposit program.

The innovative service allows Pets Best policyholders to quickly and easily file their claim online, and once approved, their reimbursement can be deposited directly into their bank account. Pet owners typically pay their veterinary bill at the time when services are rendered, and then file a claim for insurance reimbursement. The addition of this program makes Pets Best the only pet insurance company to offer a fully automated simple, fast and convenient online claims submission and reimbursement process.

"Our customers have told us that prompt payment of claims is very important to them," said Jack Stephens D.V.M., founder of Pets Best Insurance. "We've taken the steps to not only make the claims process faster, but much more convenient for our policyholders. With our new Direct Deposit program, our policyholders no longer have to wait for the mail and make a trip to the bank to have their claims paid and access their funds."

All Pets Best Insurance customers are eligible for the Pets Best Direct Deposit reimbursement service. Policyholders who opt for this program can update their reimbursement information through the Pets Best Insurance customer portal. Learn more at http://www.petsbest.com/customers/pet-insurance-direct-deposit.aspx.

Customers who prefer to continue filing their claims via mail or fax and receiving their reimbursement in the form of a paper check can continue to do so.

The Pets Best Insurance Plans and Advantage
Pets Best Insurance offers three standard plans for accidents, illnesses and injury: The Pets Basic plan, which comes with a $100, $250 or $500 deductible, a $2,500 per incident limit and a $42,500 lifetime limit; the Pets First plan, which comes with a $100, $250 or $500 deductible, a $7,000 per incident limit and a $100,000 lifetime limit; or the Pets Premier plan, which comes with a $250 or $500 deductible, a $14,000 per incident limit and a $100,000 lifetime limit.

Veterinarians and pet owners have enjoyed the advantages of insuring their pets with Pets Best Insurance since 2005. The company provides a straightforward 80 percent reimbursement of eligible fees for veterinary services after the deductible has been met. Advantages of Pets Best Insurance include:
- No upper age restrictions - no pet is excluded from coverage or has benefits reduced based on age
- Simple, fast and convenient online claim submission and reimbursement - most approved claims processed and paid within 5 days or less.
- Covers care provided by licensed veterinarian - plans cover all licensed veterinarians, specialists and emergency care veterinarians

About Pets Best Insurance
Boise, Idaho-based Pets Best Insurance provides pet insurance plans that reimburse pet owners for a straightforward 80 percent of veterinary services after a deductible, with no benefit schedules or fee restrictions. Pets Best Insurance plans do not include age restrictions and allow the pet owner to choose their veterinarian. Any pet has guaranteed acceptance for accident-only polices, ensuring that even seriously ill pets can be insured against unexpected costs from accidental injury. The Pets Best Insurance team is a group of pet lovers who strive to deliver quality customer service and value. Insurance plans offered and administered by Pets Best are underwritten by Aetna Insurance Company of Connecticut (AICC). In states in which AICC is not yet licensed, policies are underwritten by North Pointe Casualty Insurance Company. This material describes Pets Best Insurance plans in general terms. Eligible expenses and coverage may vary, depending on your plan selection. All pet insurance plans have limitations and exclusions. Information is believed to be accurate as of the production date; however, it is subject to change. For more information, visit Pets Best Insurance at Petsbest.com or phone 877-PetsBest (738-7237).

About the North American Pet Health Insurance Association
Pets Best is a founding member of the North American Pet Health Insurance Association (NAPHIA). Founded in 2007, the North American Pet Health Insurance Association is committed to educating and promoting the values and benefits of quality pet health insurance to North American pet owners, the general public, and the veterinary community. As an association, we are committed to high standards and transparency in all of our actions and products. To learn more, visit the North American Pet Health Insurance Association website at http://www.naphia.org.

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