The latest survey on Pet Insurance reveals that more than one million Britons believe their cat or dog has been stolen over the last five years. Tragically 5,700 dogs and cats are lost or stolen every week and around 1,500 pets are involved in traffic accidents.

These high figures are not paranoia from pet owners. According to the Missing Pets Bureau report, 38% of those who reported their pet missing have actually been the victim of theft. UK pet owner are very concerned, though pet insurance is available to cope with the eventuality of a stolen pet.

Unfortunately, victims of lost or stolen cats and dogs may find that their pet insurance policy will offer little or no support towards the recovery of their pets. Around a quarter, of all pet insurance policies offer no reward for the return of lost or stolen cats and dogs and will not provide financial assistance to owners who want to try and find their missing pet by placing advertisements. Some pet insurers offer better packages than others for dealing with pet theft, including cover for ransom fees.

Specialists believe there are three main reasons why pets are been stolen:

1. Resale Price
2. Breeding
3. Ransom

Good quality pet insurance does not need to be expensive, so look around for the best pet insurance quotes.

Everybody saw the woes that the new multibillion pounds Heathrows’ Terminal 5 had last week, but those lacking travel insurance are facing even worst problems.

On Wednesday, over 200 flights were cancelled and tens of thousands items of luggage remained on the ground while passengers flew from Heathrows’ new Terminal 5. Unfortunately, travellers without travel insurance have had to endure costs and great inconvenience as problems surround the new Heathrow Terminal.

Those with comprehensive travel insurance are able to claim for delays and lost luggage, in addition to flight cancellations and the costs of acquiring accommodation.

Baggage delays can be costly. Most travellers affected will be obliged to buy a change of clothing and other essentials, while some will incur the cost of obtaining medication that has to be taken regularly.

Financial companies are advising travellers to check their travel insurance policies to see if their luggage is fully insured before they travel abroad. Some travel insurance policies do not offer this type of cover.