Vsurance, Inc. Offers Pet Boarding Kennel Insurance.Company to Use Kennels to Promote Its Pet Health Insurance Services Similar Strategies Have Been Highly Successful in the U.K. SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif. -- Vsurance, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : VSUR), a leading provider of pet health insurance and its Get HIP[TM] Health Insurance for Pets program, announced today that the Company now offers pet boarding kennel insurance. The Company will introduce a basic accident/injury plan and a complete accident/injury and illness plan. The insurance premium per day of boarding is $2.00 for coverage for illness or injury during boarding. This policy also includes coverage, while boarded, for an accidental death, with a maximum benefit limit of $250. The insurance premium per day of boarding on the basic injury only plan is a flat $5 for 1 to 7 days and flat $15 for 8 to 30 days. This policy also has a $200 accidental death benefit A provision of a life insurance policy stating that if the insured—the person whose life has been insured—dies in an accident, the beneficiary of the policy—the person to whom its proceeds are payable—will receive twice the face value of the policy. . For administering the program, the kennel or cattery cattery a housing facility for cats; usually for boarding or breeding. receives 50% of the premium as a payment collection administration fee with the remaining 50% going to the insurer. Vsurance, Inc. will be the only such provider of this coverage in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "This is a low risk and high demand program, which provides us an opportunity to service a growing desire among numerous pet owners. Further, this low risk program enables Vsurance to amass a database of pets and their owners, looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. comprehensive pet health insurance programs such as our get HIP Health Insurance for Pets program," stated Russell Smith This article is about the Canadian novelist. For the Australian politician, see Russell Smith (Australian politician). Russell Claude Smith (born 2 August 1963) is a Canadian novelist, newspaper columnist, and expert on men's clothing and style. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Vsurance, Inc. "The strategy is essentially the same as in the sale of rental car insurance or car insurance, which is offered to customers. This strategy has shown to be very effective in attracting new pet health insurance customers in the U.K. As the only provider of this service in the United States today, we expect to see considerable success." When an animal is boarded, the boarding kennel or cattery will give pet owners the option of selecting or declining to purchase insurance. The boarding facilities merely serve as the administrator and collection point of premium. In addition, the Company's plans provide coverage for illness and injury while a dog or cat is boarded at a kennel or cattery. The maximum policy benefit per any one incident during the boarding period for a dog or cat is $1,500 with no deductible on the illness plan and $1,000 on the injury only plan with only a $150 deductible. About Vsurance Vsurance is a leading provider of pet health insurance and other pet health-related services in the United States. Programs include its Get HIP(TM) Pet Health Insurance for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD(TM), Spot the Pet(TM), and Purrfect Pet Club(TM). Programs include life, liability and health insurance for pets, horses and other companion animals. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which describe the Company's business strategy, outlook, objectives, or goals, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This is an informational release and is on corporate awareness with product sales in those licensed states in accordance with applicable insurance regulations. This is a corporate awareness release and is not a solicitation for insurance coverage or benefits. Kennel Koverage plans are issued and delivered as a surplus line coverage pursuant to Michigan insurance statutes to club association members only. |
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