Mandy96
Valued Contributor
Apparently, there is an insurance policy for life of a human being which is called life insurance as far as I know. But what about the life of an animal? Can the life of an animal be insured and even if it is possible to insure the life Of an animal, will there still be premium to be paid on the insured animal? Because I really don’t seem to understand why insurance companies will insist on this “premium pay”. An animal can’t even work to earn money so how is the premium expected to be paid. Oh I get it, it would be paid by the owner of the animal or by the person that insured the life of the animal. Well I still don’t see that as an answer to this question.