There are several reasons to have a pet health insurance policy. Whether you’re concerned about your pet’s health or not, having coverage will help you deal with unexpected expenses. Whether you need coverage for your dog or cat’s illness, there’s a plan for you. Here’s what you should look for in a policy. And don’t forget to keep the contract as a reference.
Most policies cover unexpected medical costs. But there’s no such thing as free insurance. Some companies may charge one-time or transaction fees that you need to pay in order to continue your coverage. Also, some policies may not fully cover costs if your pet has a pre-existing condition. Ultimately, whether or not you decide to buy pet insurance depends on your needs and the details of your plan. Pet health insurance is worth the peace of mind it provides.
Accident-only policies are cheaper. The ASPCA charges $35 a month for a similar plan. However, the monthly premium doesn’t increase with the age of the pet. Many pet insurance policies also have co-pays and deductibles. To lower the cost of your policy, you can set your deductibles to higher levels or increase the percent of reimbursement. You can also set an annual limit for payments.
It may seem like an unnecessary expense, but pet health insurance can alleviate the financial burden. If you own a pet and don’t have the money for routine visits, a pet health insurance policy can cover many of these costs and help you decide which is right for you. Having insurance is an excellent financial decision, but don’t make a decision based on the price tag. Make sure you research all options before choosing a policy.