Protecting Your Furry Friend: Pet Insurance Explained

Protecting Your Furry Friend: Pet Insurance Explained - image


We all love our pets. Unfortunately, we also have to come to realisation that they will sooner or later suffer from some type of illness. Death is likewise inevitable. However, this does not necessarily signify that we must remain unprepared. Pet insurance is intended to provide you with a peace of mind as well as a sense of financial breathing room in the event that your pet falls upon hard times. Are you curious to learn more? Let us take a quick look at some of the main types of pet insurance, what each clause has to offer and how to make the best decision well in advance.


What Varieties of Pet Insurance Exist?

Pet insurance can be broken down into several categories. For the sake of this article we will focus upon the most prevalent and comprehensive. The first main type is known as death by accident or illness. While the title itself is self-explanatory, it is important to mention that the majority of these policies are associated with an age limit. Once this limit is reach, the bundle might become inactive. You will then be required to foot at least a portion of the overall costs.


Lost pet insurance is another important option to consider. In this case, you will be provided with protection in the form of search actions such as posting flyers, offering rewards and even any associated driving expenses.


Another important package is known as a third-party pet insurance policy. This is normally applicable in the event that your animal causes damages to property or injures a third party. As you might have already imagined, there are certain breeds of dogs which might very well fall into this category. The payout levels will vary and they will also depend upon the situation. For example, they might be rendered null and void in the event that you did not provide your pet with the proper level of supervision. Be sure to read the policy carefully to understand the finer points.


A final possibility is known as overseas travel coverage. This is used by those who regularly travel abroad and desire to bring their pets along. Much like human-oriented travel insurance, these bundles include options such as medical treatment, accidental deaths and third-party damages. Vet fees are often address by these bundles as well.


What Should You Look Out For?

You will first need to determine if any of these policies (or an umbrella plan) will be applicable if your pet already has an underlying condition. Providers tend to be quite fickle during such situations. Furthermore, be sure to look into any financial limitations or clauses which could exempt certain treatments. It is always prudent to work with a a provider which offers a dedicated account representative as opposed to a generic contact number. Lastly, what have others had to say about the services rendered. Were they satisfied or have you noticed a fair amount of complaints? These answers will help you make an informed decision.