Pet insurance, as the name indicate, is the help provided by different agencies that helps you in taking care of your pet’s health. It is also called as Veterinary Health Insurance. These insurance businesses pays for the treatment of your sick or injured pet wither partly or fully depending upon their policies.
Why is pet insurance important?
Pets are as important as your family, your cars and your houses. Just like you necessarily need to insure your health your family’s safety by insuring a house and your car too, similarly a pet’s health is as much significant. This insurance is to protect your animal from all the danger it may encounter in its life.
How does pet insurance work?
Insurance works same way for everything. You just need to follow five simple steps to get you pet insured, which are:
- First step is to choose the deductible. It is the amount which needs to be paid by the person taking the policy before the policy pays and it maybe paid per year or per incident.
- Select the level of compensation with the policy so you may not get burden.
- Pay your part of coverage monthly.
- In case of any incident look out for any licensed vet.
- Pay the doctor after treatment and make sure to take the claim which is then submitted to the insurance policy to recompense.
Make sure to get all the paper work done.
When should I get the pet insurance? And how soon can I use it?
Insurance is something that needs to be done as soon as possible because you will never know what can happen within seconds. Once you get the pet insurance, there is a period of 14 days in which your pet is checked for wellness i.e. if it is eligible to be recovered from accidents and illness and the insurance receives it’s payment. The coverage then began within 24 hours of payment.
Summary: The working is so simple although there are things which you need to be careful about. Reread and discuss every point of the agreement with the insurer and make sure to ask every detail so that you won’t be having any trouble in the future.
What is the best pet insurance?
While going for insurance everyone will opt to go for the best one in town. There are nine different best pet insurance ready to be chosen for their own uniquenesss.
| Pet Insurance | The Advantage |
|---|---|
| Nationwide | Pick for rating |
| Healthy Paws | Pick for value |
| ASPCA | Pick for multiple pets |
| Embrace Pet Insurance | Pick for emergencies |
| PetFirst Pet Insurance | Pick for routine care |
| Trupanion Pet Insurance | Pick for hereditary conditions |
| PetsBest | Pick for older dogs |
| PetPlan | Pick for older cats |
| Pet Assure | Pick for exotic animals |
Summary: All the companies are best according to their own perspectives. Each of them will offer their best services to appeal the customers. You can easily pick the company according to your credit and your pets condition.
What is covered and not covered in pet insurance?
Pet insurance are assigned to cover following four types of coverage plan. It depends on you that what type of coverage plan have you selected:
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Wellness Plan: This plan covers daily checkups and yearly vaccines too but it does not cover accidents or injuries.
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Accident & illness It provides all the tests and treatments required for an accident or illness whereas it does not provide routine care services.
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Accidents only: As the name indicates it is helpful for emergency treatment due to accident while it won’t be covering any pre-existing disease or illness.
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Accidents, illness and wellness: This is the best type of plan as it includes all kinds of treatments in every condition except for any pre-existing condition.
Summary: The coverage plan are chosen by the pet owners so before selecting any one of them be sure to review all the dos and don’ts of that plan. Because one plan cannot cover everything.
How much does pet insurance cost?
Usually pet insurance is affordable as it has a very vast range from around $190 to $600 more or less but it depends on various factors which are:
- Kind of pet
- Size of pet
- Age of pet
- Breed of pet
- Location
- Type of coverage plan you choose
- Company you are insuring with
Summary: The cost of pet insurance can be very expensive or maybe cheap, majorly depending on these factors because the prices may always vary.
Benefits of pet insurance
Pet insurance is one of the safest policy and brings a lot of benefits to you regardless of your financial status. Some most common benefits are:
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Save money: It enables the owner to save money for himself and to not get worried about the fact that at some point he may have to choose between his needs and pet’s health. At difficult times he should not have to be worried about the expense of sudden illness or accident of pet’s.
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Care about pets: Pet insurance can help in making the owner think about their pet’s health not about the money they have to spend on it.
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Best treatment: The insurance can ensure best treatments through vet for costly procedures like chemo etc.
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Offer Funds: In case your pet is stolen, the policy can help you by providing funds to those who found it. Or if your pet like dog has injured some stranger it can help you to cover your legal costs or damage.
Summary: The benefits of pet insurance does not stop on this, it goes on and on because the insurance is there to guide you about your pet.
Frequently Asked Questions
Which is the best pet insurance in South Africa?
The best pet insurance is South Africa is ‘dotsure.co.za’. It provides cover for both cats and dogs and is the first one to offer coverage for exotic pets and senior dogs too.
Can I get pet insurance if my dog is already sick?
Yes, you can although that condition your dog is having would be considered as the pre existing condition and would not be included in the new plan you are going to take.
What is a deductible for pet insurance?
A deductible is that amount of the vet bill which you are supposed to pay before your coverage starts. This amount depends upon the pets medical condition and your chosen policy, you can pay all at once or can divide it monthly.
Conclusion
Pet insurance is the protector of your pet’s health and your personal credit. It is a great help in bringing peace to your mind while having concerns about your pet. Because owning a pet might be very costly than you think.