pros and cons of pet insurance
Your pet is a member of your family, and you should never be put in a position to sacrifice care because of the cost. Pet insurance is a great way for pet parents to provide the best care possible for their furry family members.
Read below for important things to know before signing up.
Advantages of pet insurance
As most pet parents know, life is unpredictable.
Pet health insurance helps pay for treatment costs in the event of accidents and illnesses. From ear infections to broken bones and cancer, pet insurance exists to make sure that if something unexpected happens, you and your pet will be protected.
There's no networks - visit any licensed vet
Unlike health insurance for humans, health insurance for pets gives you the flexibility to visit any licensed veterinarian in the United States or Canada without having to worry about network restrictions, allowing you to visit the vet of your choice every time.
The coverage is comprehensive
Pet insurance covers, but is not limited to:
- accidents & injuries
- new illnesses
- sick visit exam fees
- imaging such as MRI, cat scan & ultrasound
- diagnostic tests
- prescription medications
- cancer treatment
- dental disease or injuries
- surgery & rehabilitation
- holistic therapies
- behavioral disorders
- unexpected passing from injury or illness
- and more
There are flexible pricing options for most plans
By selecting from a variety of pricing options, you can build a price that is perfect for you and your budget. The factors that impact your plan’s price include your pet’s age and breed, your location, deductible, maximum annual coverage and reimbursement percentage.
You can save money on pet health care
If your pet gets sick or injured, treatments and surgeries can cost up to thousands of dollars. Without pet insurance, you run the risk of incurring these costs in full. Investing in pet insurance keeps your pet safe and keeps your out-of-pocket costs manageable.
Limitations of pet insurance
Like major health insurance, insurance for pets isn’t necessarily there because something will happen, but rather in case it does. However, being prepared in the event of an accident or illness is a worthy investment. Here are a few important details to know before investing in pet insurance:
- No pet insurance plan covers pre-existing conditions. However, with Petplan, pre-existing curable medical conditions may be eligible for future coverage after an exclusionary period.
- Routine and wellness care aren’t covered by pet insurance. This includes treatments you can plan ahead for, like spaying and neutering, teeth cleaning, flea and tick protection, vaccines and routine blood work.
- Medically unnecessary procedures like tail docking, ear cropping and claw removal are not covered by pet insurance unless they are deemed medically necessary by your veterinarian.
- Vet visits are important, and in order to maintain coverage, pet parents must remember to take their pets for annual checkups. Failure to do so may affect your coverage.
Ultimately, one of the most amazing things about pet insurance is that it gives pet parents peace of mind. Knowing that you’re able to provide your four-legged friend with the best care possible is a beautiful thing.
Visit Petplan pet insurance for a free quote.