The most common question asked about pet insurance is “is it worth it?”
Surveys say that most people would be willing to spend any amount to save an ill or injured pet. But consider whether it would be affordable out of your own pocket or is taking out pet insurance the better way? People buy insurance of any kind to help them pay for large unexpected expenses which they would struggle with paying out of their own pocket.
Vet’s bills are on the rise as more and more treatments become available. Often your vet will want to refer your pet to an emergency or speciality hospital. There has been a 75% rise in the cost of veterinary bills overall in the last ten years, meaning that a simple illness can cost hundreds and an injury, as a result of an accident, can cost many thousands.
Having decided that Pet Insurance is right for you, you will want to purchase the best!
So, you should check out the following:-
What is the monthly premium?
How much will it cost as your pet gets older?
What about a life policy?
What sum is your pet covered up to?
Does it cover on-going treatment?
Does it cover your pet if it causes an accident?
Accidental damage, i.e. damage caused by your pet to another person’s property.
What is the excess amount? This is the modest amount you will pay if you claim against your pet insurance. The insurance company will pay the rest of the cost.
Does the insurance company cover your pet on holiday?
Some breeds of dog have inherent health problems which some companies won’t cover, BUT SOME DO, SO CHECK!
Does the policy cover cancer? Some policies don’t.
Read the fine print of any policy and not just the summary – IF IN ANY DOUBT, ASK!
Remember – the cheapest is not always the best.