Petsy, one of Australia’s highest-rated pet insurance providers, announced an upgraded partnership with Costco Australia, aimed at providing added benefits to Costco Executive Members who purchase new pet insurance policies before May 15, 2025.
As part of this enhanced collaboration, Costco Executive Members will receive a $20 Costco gift card, in addition to their regular annual gift card benefits, when they sign up for a new Petsy pet insurance policy. The new gift card offer is designed to address the growing demand for affordable and transparent pet healthcare coverage, especially in light of rising veterinary costs nationwide.
Petsy’s pet insurance plans provide up to 90% reimbursement for eligible veterinary costs, with features such as annual deductibles (rather than per-condition deductibles), no sub-limits, and simplified claims processes. These benefits distinguish Petsy’s offerings from many other providers.
Monica Limanto, CEO of Petsy, commented, “Since our initial collaboration, our partnership with Costco Australia has been fruitful, and this enhancement reinforces our shared commitment to providing value and support to members.”
Additionally, Costco Executive Members are eligible to receive an annual Costco gift card worth between $30 and $600 during the first three years of their Petsy policy. This new $20 gift card offer is valid for policies issued between now and May 15, 2025.
Petsy’s policies are known for their transparency, customer-centered service, and easy-to-understand terms. The company’s annual excess model and the elimination of sub-limits have become key advantages for pet owners, offering clarity compared to policies with restrictive or confusing terms.
Rhian Tuake, Senior Veterinary Nurse in Emergency and Critical Care at Petsy, highlighted the often-overlooked financial burden of emergency veterinary care. “When a pet is taken to the emergency room, the emotional stress is immediate, but the financial pressure quickly becomes apparent,” Tuake said. “Some treatments can cost thousands of dollars, and families are often forced to make difficult decisions. Our goal is to help alleviate that financial stress so that attention can remain on the pet’s care.”
Emergency treatments, including tick paralysis therapy, hip replacements, and specialist surgeries, can exceed $10,000 and, in some cases, even $20,000. In such instances, lacking insurance coverage can delay or prevent life-saving treatments.
The collaboration between Petsy and Costco aims to provide financial support to pet owners, helping them access the care their pets need without the burden of overwhelming expenses.
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