Health Insurance For Your Pet

If you have taken your pet to the veterinarian lately, you have probably thought about pet insurance. Unfortunately, the costs of medical treatment may be prohibitive which can lead to foregoing needed treatments or, worse, euthanasia. Pet insurance helps defray the cost of routine or unexpected expenses for pet health care. Most pet insurance plans require monthly premiums. Basic insurance will usually cover emergencies, lab work, medications and more. You may also purchase policies that cover routine health care and preventive medications, such as heartworm prevention. Many owners are now buying policies that have cancer coverage.

There are many different pet insurance companies and it is wise to shop around. Decide what coverage makes sense for your pet. Also consider what you can afford. Insurance cost is based on the age and health of the pet. Before you commit to a policy, make sure that you know exactly what is covered and what is not. Do your research. Call potential insurers and ask questions if you have them. Talk to your veterinary staff or pet sitter to see if they have recommendations.

Things to consider about pet insurance.

Will insurance premiums cost more than you usually spend on your pet annually?

Would it be smarter to deposit money in a pet savings account in case of illness?

Older animals, or those that have any history of illness, cost more to insure.

Most insurance plans require you to pay the vet when services are rendered, and later submit a form for reimbursement. You may not be reimbursed for all of your expenses.

Find out if you have to use a particular veterinarian or if your plan allows you to go to any facility.

Many insurance companies will give you a multi-pet discount.

Find out if plans cover pre-existing conditions, specialists, and behavior problems.

Inquire about how the insurance company treats common specific diseases such as diabetes and cancer.

If you choose to insure your pet, remember to leave the policy information with your pet sitting service.  In the event that the pet sitter needs to transport your pet to a veterinary hospital, it will be helpful for him/her to know what the insurance policy covers. In addition, the pet sitter may need to have certain documents signed by the doctor who sees your pet. Some vets may offer discounts for pets insured by certain companies. Based on the coverage that your insurance company offers, you may instruct the pet sitting service to have the vet include or exclude certain treatments.

If you are a pet owner who wants to be prepared in case of illness or injury, pet insurance could be a way to gain peace of mind. Many pet owners have found pet insurance to be valuable when the unexpected happens.

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