Pet insurance regulations vary widely state-by-state, NAIC reports, with some having clear language around limits, waiting periods and deductibles. Others have no pet insurance laws on the book. (Credit: Igor Normann/Shutterstock.com) Pet insurance regulations vary widely state-by-state, NAIC reports, with some having clear language around limits, waiting periods and deductibles. Others have no pet insurance laws on the book. (Credit: Igor Normann/Shutterstock.com)

The Pet Insurance Working Group of the National Association of Insurance Commissioners (NAIC) is busy working on a new model pet health insurance law.  The working group is currently developing the draft model and likely will not release the final version to the public until late 2021.

As with any model law, the impact of this legislation will depend on whether and how states adopt the law. It will likely also change how veterinarians discuss pet insurance with clients.

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