For most of us, pets are as much a part of the family just as any human. We love them, we take care for them and they in return love us and bring an amount of joy and companionship that can only be found under a layer of fur. Part of the love and care that comes with being a pet owner is providing your pet with medical attention when needed. We insure ourselves to help cover the costs to seek medical treatment, but what about our pets?
Cautious Pet Owners: How to Insure Your Fur Babies
Choosing a Plan
Getting your pet insured can make a huge difference in both you and your pet’s life when an unexpected emergency arises. And just like shopping for human health insurance, there are many options when it comes to shopping for pet health insurance. Companies like Top 10 Jungle have done an excellent job putting together reviews of what pet health insurance companies are out there.
Types of Pet Insurance Policies
Just like regular insurance, each company offers different plans and cover options. Each company’s policy will be different, so be sure to read the policy you choose carefully. The cheapest option is most commonly accident-only policies. These will typically cover the cost if your pet is involved in an accident. Illness fees are usually not covered under this type of plan.
Time-limited policies will cover illness over a determined time frame, commonly 12 months. However, if your pet still needs treatment after the policy is up, you will be fronting the bill. A maximum benefits policy will cover all veterinary fees up to a max limit. These policies tend to be pricier than accident and time limited policies, but they provide a bit more coverage and flexibility.
Lastly, there are lifetime policies. These provide a set amount of cover for veterinary fees which renews each year in line with the renewal of the policy. If the policy is active, your pet is covered throughout the pet’s life. Lifetime can be the priciest of all policies but also provide the most peace of mind. While choosing what policy works best for you and your furry friend, be sure to read and compare reimbursement plans as some have you pay out of pocket first.
Insurance can be difficult, whether human or pet. But with a bit of knowledge on what is out there, choosing the right one can easily be done.