HCF is selling more travel and pet insurance as part of its diversification strategy.

The health insurer has more than 6500 pet cover policies in force, from which it earned more than $2 million in sales last financial year.

Pet insurance sales to health cover customers increased by 160% on the previous year, according to its annual report.

More than 10,760 members took out travel policies, underwritten and managed by QBE, an increase of 5%.