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FOLLOWING media reports that more than 50,000 pet insurance policy holders could be looking for new cover as a result of Lloyds TSB and Halifax withdrawing from the market, the BVA is refuting claims that rising veterinary fees are to blame.
Lloyds TSB stopped renewing pet insurance policies from February 1, and the Halifax stopped on September 24 last year. The BVA notes that, although pet insurance claims have increased over the years, this is because improvements in technology and medicines mean that more can be done for individual animals. It says that veterinary inflation …
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