When platinum is cheaper than gold, the ratio drops below one. When platinum is more expensive than gold, the ratio rises above one. Historically, the platinum-to-gold ratio tends to stay above one most of the time, which implies that platinum sells at a higher price than gold.
The average annual premium paid for pet insurance by UK cat owners is Â£205 - equating to just over Â£17 per month (source: Key Note). But you might pay much more or much less than this, depending on 3 key factors that influence the cost.
As a result, the total spent on veterinary bills would be quite low. If you chose to take out monthly insurance for your pet, for an animal's entire lifespan, say 12 years, at an average policy price of Â£50 a month, then you would end up paying more than Â£7,000 over the 12 years. Pet insurance is as much about peace of mind as it is about money.