Insuring your Pet
Veterinary medicine, like human medicine has become increasingly sophisticated. The inevitable negative of these medical and surgical advances is their cost.
Pet insurance can help towards the cost of your veterinary bills, providing peace of mind for you and ensuring the best veterinary care for your pet when the need arises.
When to take out a Pet Insurance Policy
The same rules apply to buying a pet policy as your own health insurance policy - buy it when your pet is young and healthy and there are no existing conditions to report. Read the small print carefully and take particular notice of the terms and conditions that will explain what is and what is not covered together with the excess payments that are required.
What is covered by pet insurance?
In general, diagnosis and treatment for any accident, injury, or illness, will be covered by the policy. However pre-existing conditions (conditions that you had before insurance was taken out) will almost certainly be excluded. Routine and preventive care will be excluded together with any treatment classed as "cosmetic". Some policies include Third Party Liability, this is an important benefit to protect pet owners against legal action if their pet causes damage or injury. Other benefits such as advertising and rewards should your pet go missing, complementary treatment, and holiday cancellation insurance (should your pet become ill) can be added to your cover.
Choosing a Lifetime or ‘Covered for Life’ policy means that your pet will be covered for an ongoing condition for its entire life providing that you renew your policy each year without any break in cover. This avoids certain conditions being excluded after one policy year which can be the case with other policy types.
Premium Level Pet Insurance
As with most types of insurance premiums will vary according to risk. A valuable and highly bred pedigree may command a much higher premium than a mixed breed. The size and age of your pet will influence your premium and excess amount.