The beloved Peanuts canine is partnering with
the company’s pet insurance business to help build a more confident
future for pet parents
As pet ownership levels in the United States continue to reach
new heights, MetLife Pet Insurance announced today it will partner
with one of the world’s most legendary pets, Snoopy, to build
greater awareness of the critical importance of pet health
insurance.
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While there are over 90 million families with pets in the U.S.
today, less than 3% of those pets are insured. The company’s
partnership with Charlie Brown’s iconic dog aims to change this by
educating the nation’s pet parents about the benefits of pet
protection for safeguarding their personal finances and improving
animal well-being.
“MetLife is committed to building a more confident future for
our customers and their loved ones – which we know also means their
pets,” said Brian Jorgensen, head of Pet Insurance at MetLife. “As
we grow, we’ve engaged an old friend and perhaps one of the world’s
most well-known pets, Snoopy, to ensure we’re furthering this
mission by raising pet insurance visibility and education.”
The benefits of MetLife Pet Insurance
Amid growing economic uncertainties, pet owners have faced
rising care costs and difficult tradeoffs leading many to struggle
financially. According to MetLife research, 84% of pet parents
reported increased pet care costs in 2022, and another 50% were
concerned rising costs will prevent them from being able to be a
pet parent in the future. In addition to rising prices for routine
care and pet necessities, pet parents can find themselves faced
with exorbitant bills they cannot afford following emergency vet
visits, surgeries, or long-term hospitalizations.
Since introducing MetLife Pet Insurance in 2020, MetLife has
become the leading pet health insurance provider in the workplace,
offering affordable products with a range of unique features,
including 24/7 vet access over virtual chat, family plans covering
multiple pets under one policy, and no breed exclusions or upper
age limits. Plans also offer chronic condition care, coverage for
exam fees, and no lifetime or per-incident limits. This extensive
coverage means pets can get the care they need to live long,
healthy lives – and pet parents can remain worry-free about
affording their pet’s care.
Accessing pet insurance can be as simple as visiting
www.metlife.com/petinsurance or reviewing the benefits offered at
work. Employers are increasingly making pet health insurance
available to employees to support the well-being of all family
members and this distribution channel is projected to grow.
According to MetLife’s 20th Annual Employee Benefit Trends Study
(EBTS), 65% of employees with pets are currently interested in
their employer offering pet insurance.
The mission to increase pet insurance awareness
MetLife and Snoopy had a more than 30-year partnership through
2016. MetLife entered the pet insurance category in 2020, prompting
a review of how to best address the need for consumer recognition
of this fast-emerging category. Establishing a new relationship
with the beloved beagle was a clear solution to addressing the
significant need for driving awareness and understanding in the
marketplace.
“We are excited to reconnect with our friends at MetLife to
focus on this new effort to drive awareness of pet insurance in the
U.S.,” said Tim Erickson, executive vice president, Peanuts
Worldwide. “The power of the Peanuts characters – especially Snoopy
– endures, and we feel confident they will lend a helping hand to
MetLife's Pet Insurance endeavors.”
“Pet insurance protects pet owners against the unexpected –
which means pets get the care they need, and pet parents can stay
worry-free. The challenge is that not enough people know this
benefit exists in their company plan," said Jorgensen. “The
interest is there – our research proves it. But there’s a clear
lack of understanding of what pet insurance can do or help cover.
This partnership aims to change that.”
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates (“MetLife”), is one of the world’s leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help individual and institutional
customers build a more confident future. Founded in 1868, MetLife
has operations in more than 40 markets globally and holds leading
positions in the United States, Japan, Latin America, Asia, Europe
and the Middle East. For more information, visit
www.metlife.com.
About MetLife Pet Insurance Solutions, LLC
MetLife Pet coverage is underwritten by Metropolitan General
Insurance Company, a Rhode Island company, or Independence American
Insurance Company, a Delaware company. MetLife Pet Insurance
Solutions LLC is the administrator for this coverage. The entity
may operate under an alternate, assumed, or fictitious name in
certain jurisdictions as approved, including MetLife Pet Insurance
Services LLC (New York and Minnesota), MetLife Pet Insurance
Solutions Agency LLC (Illinois). For more information, visit
www.metlife.com/petinsurance.
About Peanuts
The characters of Peanuts and related intellectual property are
owned by Peanuts Worldwide, which is 41% owned by WildBrain Ltd.
(TSX:WILD), 39% owned by Sony Music Entertainment (Japan) Inc., and
20% owned by the family of Charles M. Schulz, who first introduced
the world to Peanuts in 1950, when the comic strip debuted in seven
newspapers. Since then, Charlie Brown, Snoopy and the rest of the
Peanuts gang have made an indelible mark on popular culture. In
addition to enjoying beloved Peanuts shows and specials on Apple
TV+, fans of all ages celebrate the Peanuts brand worldwide through
thousands of consumer products, as well as amusement park
attractions, cultural events, social media, and comic strips
available in all formats, from traditional to digital.
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version on businesswire.com: https://www.businesswire.com/news/home/20230113005241/en/
Media Contacts: MetLife: Peggy Carlton, 917-515-6817,
peggy.f.carlton@metlife.com Peanuts: Melissa Menta, 212-293-8506,
Melissa.menta@peanuts.com
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