Where there's a Will there's a woof: Almost a third of pet owners leave petty cash

December 10, 2014

Almost a third (30%) of UK animal lovers have made provision for a pet in their will, according to new research published today (27 November) by The Co-operative Legal Services.

The poll reveals that almost half (45%) of pet owners would appoint a guardian for their four-legged friend in the case of their death, while one in five (19%) would ask a charity to step in.

Research also highlighted that women were more likely to make arrangements for their pets with over half (51%) appointing a guardian for their canine and feline creatures in comparison to almost two fifths (39%) of men.

James Antoniou, Head of Wills at The Co-operative Legal Services, said:

“It is not surprising that as a nation of animal lovers so many people make provision for their pets in their will. A will offers certainty and peace of mind. It ensures that a person’s possessions and estate are distributed exactly the way they wishes. We ask all of our customers who use our will writing service if this is something they would like to consider.”

Almost one fifth (17%) stated they would leave money with a benefactor to look after a furry companion and of those, almost a third (27%) would provide up to £900 and 1% would leave over £100,000 to ensure their loved one was well looked-after.

The research also highlights that almost one fifth (20%) of UK adults have been left a pet or asked in advance to look after an animal.

Andrew Nevitt, Product Manager for The Co-operative Pet Insurance said:

"We're encouraged to see that as many as a third of owners are taking a responsible to pet ownership by ensuring their pet is accounted for in their will. Taking on a pet is a huge commitment that shouldn't be entered into lightly. There are already thousands of animals waiting in rescue centres across the UK, so ensuring that there is someone who is willing and able to care for them in your absence is the fairest possible thing."


 

For further information please contact:


Lauren Hoult
Lauren.hoult@co-operative.coop
07702 505 626

Emily Dalton
Emily.dalton@co-operative.coop
07738 621 201

 

Notes to Editors:


*Research was conducted by amongst 2,000 UK adults by 72 point on behalf of the Co-operative Legal services.

About Co-operative Group:


The Co-operative Group, which is the UK’s largest co-operative business with interests across food, funerals, insurance and legal services, has a clear purpose of championing a better way of doing business for you and your communities. Owned by millions of UK consumers, The Co-operative Group operates a total of 3,750 outlets, with more than 70,000 employees and an annual turnover of approximately £11 billion.