Pet insurance can be helpful to protect your dog, cat, rabbit or other pet from catastrophic illnesses and injuries. Many people own multiple pets in their household, but it’s not always affordable to cover these animals under regular policies. However, there are many VIP policies available that cover the health care costs of multiple pets at once. The VIP coverage usually comes with extra benefits such as discounted medical examinations and services for mother kittens, healthy dogs and cats, pet recovery, guaranteed ongoing care of your VIP pet even if he or she gets sick and has to be put to sleep, and lifetime pet insurance.
Pet insurance covers many different kinds of medical expenses depending on the policy. Collision-only policies cover only accidents that occur during the policy period, such as if your beloved pet gets hit by a car or ingested a foreign object. Most policies also offer extended coverage for illnesses, infections and diseases brought on by animal exposure to harmful environmental factors, such as exposure to fleas or ticks. Some policies even offer coverage for cancer treatments, surgeries and genetic disorders.
Most pet insurance policies provide coverage for the treatment of injuries caused by an accident, whether the accident occurs at home or while your pet is traveling outdoors. They can also cover treatments for illnesses, diseases and infections caused by exposure to an infected animal and also for injuries resulting from a traffic accident. The accident-only coverage will cost more than the combined contents coverage and the liability coverage combined, but it offers maximum protection to your pet. You must, however, get your pet licensed in order to take him or her on vacation, which could run the risk of the policy being voided.
Pet insurance policy will require that you meet a certain income limit in order to acquire a discount. The limit is based on the average annual income of your family. If you have any preexisting conditions then you may be required to pay a higher deductible. In addition to being required to pay a higher deductible for your pet’s health coverage, the insured’s coverage will not pay out if the animal develops a disease or illness that was already owned or rented by another person. The only exception to this rule is the treatment of cancer and treatments for severe injuries or illnesses. This exclusion applies only to cat or dog cancer.
In order to make sure that you and your pet get the best healthcare, the most complete and comprehensive pet insurance policy must cover the wellness care as well. While there are several types of wellness coverage available, most policies will not cover preventative medical procedures, such as vaccinations. It is up to you, therefore, to inquire about the wellness coverage that will be included in the policy and what will happen if you need to use the services of a veterinarian off the plan’s list. Many pet parents prefer to have preventative health coverage included in the policy as a part of their overall coverage but this could end up costing more.
Most pet insurance policies will require that the insured pay a co-pay amount of up to five dollars when they see their veterinarian. They will also require you to pay your deductible on a monthly basis, up to the amount of your policy. There are no restrictions on the deductible amount as long as it is within twenty-five percent of the total monthly premium. The deductible amount will be determined according to your personal spending capacity and will increase each year without you having to pay a fee.