All you should know about Pet Insurance

What is a Pet Insurance?

Pet Insurance is as important to pets as health insurance is to us. It is specially customized to take care of the veterinary expenses of dogs, cats, and other pet animals.

As maintaining a pet’s overall health and well-being has become highly expensive, Pet Insurance makes sure that a pet parent doesn’t go through any financial trouble and that their pets continue to remain their priority.

Why do you need a Pet Insurance?

· Ensures your pet’s health — Pet Insurance is required to make sure that your beloved pet is able to get the best of treatments and healthcare whenever they are in need.

· Protects your wallet — As veterinary expenses are rising every single day, Pet Insurance ensures that you never have to choose between money and your furry baby.

· Covers unforeseen accidents — Accidents may happen anytime without any prior intimation. Pet Insurance makes sure that your pet’s health remains covered in all adverse situations.

Benefits of a Pet Insurance

· Secures you financially — Pet Insurance financially secures you when your pet falls sick or faces any medical conditions like pregnancy complications, insect-borne diseases, and dental treatments.

· Offers access to quality healthcare — Pet Insurance offers your pet access to the best healthcare facilities which would otherwise be unaffordable. Many insurance plans come with annual health checkups so that your pet’s health is always well-maintained.

· Benefits you during other losses — There are Pet Insurances that come with special coverage benefits when your pet is lost or stolen. They also keep you covered when your pets cause damage to a third party.

· Covers expensive treatments — During unfortunate situations when your pets go through critical illnesses, Pet Insurance turns out to be a savior and you can access the best treatment for your pet.

· Takes care of unforeseen accidents — Accidents can happen anytime without prior notice. Pet Insurance will keep you covered during unfortunate times like this.

· Offers overseas protection — If you wish to travel overseas with your little furry friend, you can opt for a Pet Insurance plan that will keep you covered during the trip and take care of mishaps, if any.

Pet Insurance — FAQs

· What are the factors that affect a Pet Insurance premium?

A Pet Insurance premium depends on the type of breed of your pet, its age, the type of plan, and the sum insured.

· What are the types of Pet Insurance?

There were four types of Pet Insurance — Lifetime, Annual, Accident only, and Maximum benefit.

Lifetime Insurance is the most comprehensive type of coverage. You will need to pay premiums every year, which are likely to increase as your pet gets older.

Annual or time-limited insurance requires you to pay 12 months’ worth of coverage on a rolling basis and lets you opt for a cheaper policy each year. However, this plan might be less comprehensive and not cover pre-existing conditions. It will also be difficult for you to find insurance as your furry friend gets older.

Accident only is the most basic and cheapest level of cover. It only covers accidents and not illnesses.

Maximum benefit offers a fixed amount of money to treat each illness or injury as long as the policy is active.

· How to buy Pet Insurance?

You will need to complete the application online on a Pet Insurance provider’s website. The information will include your personal information and basic details about your pet. You will then be provided with an estimated cost. After this, you can create an account with the provider, choose a plan, and confirm.

· What does Pet Insurance cover?

Similar to any other form of insurance, even Pet Insurance policies vary widely. However, the common plans include general vet costs, hereditary and congenital conditions, long-term and ongoing conditions, dental care, alternative treatments, and breeding costs.

Certain plans also cover loss or theft of your pet, treatment for behavioral problems, death by illness or injury, injury or damage to a third party, cattery, and kennel fees and emergency treatment while traveling abroad.

· Is it possible for me to get Pet Insurance for a street dog that I’ve adopted?

Yes, it is possible.

· Does Pet Insurance cover vaccination?

Whether a Pet Insurance covers vaccinations or not primarily depends on the Pet Insurance plan.

· If my pet was sick before I got the insurance, will it be covered?

Pets with pre-existing conditions can get insurance but the conditions and symptoms that were present before the plan was purchased won’t be covered.

· What are the most common challenges with Pet Insurance?

The most common challenges with Pet Insurance are claim processing time, upfront payments, and lack of clarity on deductibles, coinsurance, and coverage limits.

· Does Pet Insurance cover senior pets?

It entirely depends on the plan and insurance provider. Many insurance providers do not approve new policies for pets over a certain age. However, these restrictions apply to new policies and not existing ones. That’s the reason it is best that you apply for coverage while your pet is young.

Bottom Line

It can thus be concluded by stating that Pet Insurance is one of the most important investments for any Pet Parent. Whether it is an indoor or an outdoor animal, it is best to get coverage when the pets are young to benefit the most from the plans.

Visit www.petcareclub.com for Pet Healthcare Essentials.