The Co-operative Bank is offering new pet insurance customers two months free insurance.
The offer is available to new customers who purchase pet insurance online and is available until the 30th March 2012.
The Co-operative bank estimates that this will save dog owners an average of £35.56 and cat owners an average of £17.78.
Prices for pet insurance cover start from £10.91 for dogs and £6.45 for cats. Two types of cover are available, the classic cover option which pays out up to £2,000 for any illness or injury up to 12 months after first diagnosis. The second option is the select plus option which is more comprehensive. Policyholders can add additional benefits to either policy which can cover other expenses such as quarantine fees or the theft of pets.
Customers who pay by direct debit will not start paying until the third month, whilst customers who pay the annual cost of pet insurance outright will pay the equivalent of ten months policy premium rather than 12 months.
Lee Mooney, Head of Pet Insurance at The Co-operative Insurance, said: "We have devised our offer, where customers who take out insurance between January to March begin to pay for it two months later and only pay 10 months premiums for 12 months cover, to give a helping hand to those owners who are feeling the pinch.
"Ensuring a pet can access veterinary treatment if it needs to is an integral part of being a pet owner and all potential owners should consider if they can afford to insure an animal prior to bringing it into the family home.”
Compare pet insurance to find a great deal
Twitter: My Finances
Join the conversation at #news_myfinances