It’s common for pet owners to ask if they should buy insurance, because they often wonder if the money they invest is worth the benefits. This is definitely a valid question, and you should give it serious thought if you haven’t purchased pet insurance in the past. You might be like many pet owners who feel they can provide what they need by simply putting a bit of extra money in a savings account, building up the total in case they ever need it.
While there’s nothing basically wrong with this line of thinking, it’s possible that you’ll never be able to save enough to cover an unexpected, major health issue with your pet. Millions of people purchase insurance for all types of cover to help them when some unplanned incident occurs. You might want to try to do both, purchasing an affordable insurance policy and saving in combination with that.
The Right Policy
Some people hesitate to look into pet insurance cover options because they feel the cover they need would be too expensive. They might think there are so many exclusions in these policies that they’d end up having to pay too much “out of pocket” anyway. However, you’d be pleasantly surprised to find that working with the leading provider of this type of insurance can be a wise decision, simply because there are so many great options available.
Start by visiting the website where you’ll learn that your policy will cover up to 80% of eligible expenses, depending on annual-benefit limits and excess details as included in the policy. This level alone can be of significant benefit if a major health issue occurs with your pet. For example, you have options for the amount of “excess” to be deducted from a benefit for each unrelated condition in the policy year. As another example, if you want to purchase accidental injury coverage, you can start when your pet is eight weeks old.
For comprehensive and major-medical cover, the pet must be between eight weeks old and younger than nine years old when the policy is purchased. You can tailor your policy to suit your needs and your budget, with different coverage types for each pet. When you call to talk to a representative, be sure to ask about adding the routine-care option to your plan.
When they’re asked, many pet owners say they would spend any amount to save an injured or sick pet. This is an understandable emotion, of course, one that makes the affordable investment in pet insurance even more realistic. The key is to have the cover you need in place, so you don’t have to worry about costs if and when a serious incident takes place.