UK Insurance Guide
People might need insurance for a wide variety of reasons though on the whole the most obvious reason is because it is a measure to deal with some kind of risk manifesting itself and causing financial loss. However, there are many different forms of insurance out there and the reason for obtaining each form will depend on the policy at hand.
In the case of pet insurance, those that wish to take out a form of cover will be anticipating illness or injuries that might be inflicted onto their pet. In the modern world veterinary costs can be considerably high, leaving people out of pocket to cover these costs. Though different policies will vary in the levels and types of cover they offer, in most cases they will pay out in the event of veterinary treatment being required (though owners should always check the small print of policies).