It wasn't that long ago when you could only get insurance for people and
property. But for some time now, pet owners have been demanding insurance
cover for their pets and the insurance companies have been listening.
With the cost of veterinarian care spiraling ever higher, many pet owners
are choosing to insure their pets against illness or accident. In doing
so, they are not hit with unexpected medical costs that can and often do
run into many thousands of dollars.
When people ask me, "what insurance company do you recommend", this is
what I tell them.
Firstly, it is important that you do a little bit of research. Create
your own simple pet insurance comparison chart. All pet insurance
providers have differing insurance options available and of course, every
pet and their owners have differing needs.
There are however, a handful of pet insurance 'must-haves' that
absolutely must be included in your policy. If not, when the time comes
to call upon the policy, you might find yourself out in the cold. By
including these five elements in your pet insurance plan you will know
you're covered no matter what happens. I'll discus these five elements in
more detail in a moment so you'll know exactly what to look for.
Begin by short listing three or four pet insurance companies and request
a free quote from each. The information you will typically provide is
your pet's age, breed, any pre-existing conditions, and so on. You will
also want to know about the costs involved, what exclusions there are,
what's deductible etc. Most pet insurance companies have application
Once you have the policy information in front of you, start thinking
about what your pet's needs are likely to be, how's your pet's health? Is
she healthy or is here some type of medical condition. Then compare the
different offerings of each company and their cost structure. By
comparing the plans offered by each pet insurer, you can get precisely
the type of pet insurance you need at a price you can afford.
There are some web sites that can make the process of pet insurance
comparisons a lot easier. The good ones have accurate information which
compares and rates the leading pet insurance providers based on real
customer experience and reviews. On good sites, the work has pretty much
been done for you with easy to follow charts and reviews, even Better
Business Bureau (BBB) reports and so on that will help you streamline
what otherwise can be a confusing and laborious task.
Now. Back to the Five Vital Pat Insurance Must-Haves.
The facts are, there are five vital inclusions that you must have in your
pet health insurance plan.
Here are the five Must-Haves.
Coverage for Chronic disease
Continual coverage for chronic disease
Coverage for Hereditary/congenital conditions
Coverage for Breed specific conditions
Why do you need these inclusions?
If you do not include these five essential inclusions in your pet
insurance coverage, you are wasting your money. Without them you will not
be fully protected.
These pet ailments can and probably will affect your pet during its
lifetime and each of them are singularly expensive and difficult to
Almost 50% of pets over 10 years of age will die from cancer. Chronic
Diseases are generally long in duration and slow in progression. Many
breeds and species are predisposed to some medical conditions like hip
dysplasia. These conditions can be fatal and the ongoing medical care can
be upward of ten to fifteen thousand dollars and more.
The cost of pet insurance normally ranges between fifteen and thirty
dollars per month. This amount varies form company to company and is
dependent factors like the coverage levels you choose, your breed of
animal, your pet's age etc.
When you consider how much it would cost you to meet these medical
expenses yourself, pet health insurance doesn't seem that expensive.
Advances in veterinary medical technology results in our pet's living
longer, healthier and happier which is a great thing but unfortunately it
comes at a cost.