#Canada #Toronto #Pet Insurance #OnePack Plan™

OnePack Plan™ Pet Insurance Launch in Canada

As pet ownership continues to grow in Canada, OnePack Plan™ has stepped up to offer a much-needed solution for pet parents facing unexpected veterinary expenses. With an impressive 58% of households now owning a dog or cat, the demand for accessible pet insurance is evident. However, only a meager 2% of workplaces currently provide this benefit, creating a significant gap in the market.

The newly launched OnePack Plan offers affordable, payroll-deducted pet insurance, giving employers the opportunity to include it as part of their employee benefits package. This initiative aims to ease the financial burden of veterinary costs, allowing pet owners to prioritize their pets' well-being without the added stress of large, unexpected bills.

The Cost of Veterinary Care

"The average cost of a single veterinary visit for an accident or illness can reach up to $1,000," explained Michelle Yates, EVP of Business Development at OnePack Plan. Many pet owners find themselves in difficult financial situations when faced with such expenses. OnePack Plan addresses this by making veterinary care financially accessible through its comprehensive insurance coverage.

Research conducted by OnePack Plan indicates that 50% of Canadian pet parents are interested in having pet insurance offered by their employers. This demonstrates a clear demand for enhanced benefits that align with the needs and desires of modern employees. Not only does this offering help retain talent, but it also supports employees in delivering the best care for their furry companions.

Understanding Workplace Needs

According to OnePack Plan’s study, financial stress from veterinary costs is a widespread issue among Canadian pet owners. Approximately 42% of pet parents reported making financial sacrifices for their pets, while around 40% indicated that they had missed work due to their pets' health issues. OnePack Plan aims to alleviate some of this stress by providing a plan that is both affordable and advantageous.

The resulting insurance plan features no breed restrictions and offers coverage for pre-existing conditions after just a year of continuous coverage. Furthermore, optional add-ons for wellness and preventive care are available, presenting pet owners with a comprehensive choice.

Simplified Integration for Employers

One of the standout features of OnePack Plan is its integration with existing benefits administration software. This approach aims to streamline the onboarding process for HR professionals, ensuring that enrolling employees in the plan—or setting up payroll deductions—is straightforward and user-friendly.

Yates noted the rising importance of workplace wellness, sharing that pets significantly impact mental health. Policies that reflect empathy toward pet owners can play a crucial role in increasing employee satisfaction and retention rates.

With the official launch of OnePack Plan, Canadian businesses are presented with a unique opportunity to meet evolving employee expectations while supporting their well-being in the process. By making pet insurance accessible, employers can foster a culture that values the bond between employees and their pet families. This kind of benefit not only enhances the workplace environment but also promotes overall job satisfaction.

For those interested in learning more about OnePack Plan in Canada, visit OnePack Plan's website for additional information.

About OnePack Plan

OnePack Plan™ is an innovative pet insurance program designed specifically for Canadian businesses and their employees. By offering an affordable, payroll-deductible coverage option for cats and dogs, OnePack Plan ensures peace of mind for pet parents while streamlining the process for companies. Policies are backed by Northbridge General Insurance Corporation and distributed through PTZ Insurance Services Ltd. For detailed terms and conditions, check out their official website.