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Pet insurance insures pets in opposition to accidents and sicknesses; some companies cover routine/wellness care and burial, as nicely. Livestock insurance is a specialist coverage offered to, for example, commercial or hobby farms, aquariums, fish farms or another animal holding.<br>Many independent inventors are in favor of patenting new insurance products since it provides them safety from massive corporations after they deliver their new insurance merchandise to market. Independent inventors account for 70% of the new U.S. patent functions in this area. In figuring out premiums and premium price constructions, insurers think about quantifiable components, together with location, credit scores, gender, occupation, marital status, and education level. Insurance companies are typically categorized as both mutual or proprietary firms. 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