Nationwide dropping pet insurance policies for 100,000

Nationwide dropping pet insurance policies for 100,000

Assessment

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Health Sciences, Business, Biology

University

Hard

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Nationwide PET will not renew 100,000 policies due to high vet costs. Policies will lapse as terms expire. The company made this tough decision to remain operational. Affected policyholders will receive written notifications.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the company's stance on the decision to not renew the policies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How will effective policy holders be notified about the changes?

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