Never before have our pets had such a great opportunity to get top notch health care. Just as advanced medical technology has helped so many millions of humans it helps to improve the quality of living for our pets too. The MRI, ultrasound, chemotherapy, and alternative therapies are costly procedures.
When we love our pets as we do we will do whatever it takes to get them well again. We don’t want them suffering in pain nor do we want to lose them earlier than we have to. Senior cats are prone to diabetes and liver problems. Cats and dogs who are outdoors a lot are more likely to get into accidents and have bone issues. If one lives in the suburbs the cost of medical services will be higher than in the countryside.
As with humans top quality pet care is not inexpensive. Before long your pet bill will reach the thousands. There is a solution to this. The answer is pet insurance. Which pet insurance is the best you might wonder. Each pet owner needs to ask why they are considering insurance. Most people get it because they want their pet to be covered when they start getting chronic health issues as they age.
One of the better known brands which is a pioneer in pet insurance offers four different types of coverage. Depending on the age and breed of one’s pet a suitable coverage can be established. Each one offers different degrees of coverage for accidents, illness, dental and special coverage. The enrollment is within 48 hours once approved.
Pet insurance is a relatively new opportunity for pet owners to optin in to. Our pets live longer and by doing so will also start to feel the pain of aging. We don’t need to put them down as was the course of action fifty years’ ago. Today we can have them around longer and still offer them a quality standard of living. Some programs guarantee that once they have accepted your pet they will never stop insuring the animal due to old age. This is reassuring and well worth investigating.
Pet Insurance Reviews
When you are choosing a pet insurance policy for your pets, you are going to want to make sure that you find the best rated companies, the most coverage in a policy, and that you really find the insurance that will cover any kind of treatment or operation your pet may need. So, when you are deciding upon which company to go with, and what amount of coverage you have to buy when deciding upon a pet insurance policy, you are going to want to get the best pet insurance reviews, from other pet owners as well as vets, in order to know you are really choosing the best possible insurance and coverage policy for your furry friends.
For many people, their pets are a part of the family. And, when you are considering treatment options for them, you are going to want to make sure they are fully taken care of, in the event they become ill, need treatment, or even when they are just going in for a checkup, that they are able to visit the best vets available to them. So, you must make sure that you find a pet insurance policy which is going to give you all of these things, and which will allow you to choose the best vets for the treatment which your pet may eventually need. So, before you choose the pet insurance which you think is the best out there, you are going to want to get the best pet insurance reviews, in order to make sure that you are in fact choosing the best insurance.
You want to compare policies, companies, and overall what the insurance you are purchasing has to offer in terms of care, and what is included under the policy rate. Just like an insurance plan for you and the family, you want to make sure your pet’s insurance covers medical trips, co-pays, medication, hospital stays, and any other treatment they may have to undergo, due to a condition they might be facing. Therefore, when you are considering which of the insurance companies to go with, and which insurance plan you are going to choose for the pet insurance coverage, you are going to want to read up, and find listings of the best pet insurance reviews. You can find these reviews online, or by asking other pet owners, and even asking your own personal vet for suggestions.
Pet Medical Insurance
Most pet owners consider their pet(s) as family members, and will seriously consider pet medical insurance. Responsible pet owners will make every effort to assure their pets will enjoy good health throughout their lives, and into their old age. Since vet fees are increasing on an average of 10% every year, most pet owners are aware that pet medical insurance is a wise consideration.
Selecting pet medical insurance is much the same process as finding medical insurance for ourselves. Like ours, choosing pet medical insurance can also be complicated, which is why comparison shopping is highly recommended. Fortunately there are many on-line sites to help pet owners select a pet medical insurance plan that is most suited to their pets, and to their budgets.
Pet medical insurance plans generally offer coverage for standard and preventative medical procedures, as well as protection against many unexpected costs related to illness and injury. It is very important that consumers study, and compare the various options offered by pet medical insurance companies.
Pet medical insurance plans work much like our own medical insurance plans, in that a monthly fee is paid for continuing medical insurance coverage for your pet. If at any time your pet becomes ill, or is injured, your insurance company pays the agreed upon percentage of coverage, per the plan that you selected. Fortunately, pet medical insurance is not as expensive as our own medical insurance. Many pet insurance companies also offer various discounts. Some important questions that should be addressed when selecting a medical insurance plan for your pet are:
- Can I use a Vet of my choice?
- Are cancer treatments covered?
- Will premiums increase as my pet grows older?
- Does policy cover hereditary and congenital defects?
- If my pet has an ongoing condition, will the coverage be for life, or will the policy expire?
- How are claims made, and how difficult is the claims process?
- Are claims subject to annual limit, or per condition basis?
- Are any fee discounts or perks available to my pet?
Our pets offer us unconditional love, affection, and trust. They are entitled to the best care that we can provide. Pet medical insurance is a decisive measure that can be taken to achieve peace of mind in knowing that our pets are assured of the health care they deserve.
Getting The Cheapest Pet Insurance
Pet insurance can be expensive, but there are a number of ways to get the best value for the cheapest price. With an ever-increasing number of companies offering insurance plans, tailoring a plan to your budget and needs is easy. Get quotes from several different companies and compare. Adjusting deductibles, co-pays and types of coverage will help you save money on individual plans.
Premiums vary greatly from company to company. Quotes provide an easy way to look at different plans side to side to see which ones provide the best benefits for the lowest cost. Check with organizations you are a member of to see if they offer insurance discounts to their members. This is a great way to get extra value from your annual memberships.
Most plans offer different deductable and co-pay rates. Premiums can be cut significantly by increasing the deductable, co-pay or both. Higher deductibles and co-pays may increase out-of-pocket and upfront costs. Determine if the money saved in premiums is worth the extra out-of-pocket costs.
The number one way to get the cheapest pet insurance is to purchase a plan tailored to your needs. If your dog is young and healthy, you don’t need the same coverage as those with older animals suffering from chronic conditions. Research what is covered under each of the prospective plans. Comprehensive care plans pay for routine care, such as vaccinations, neutering, dental care and prescription drugs. These types of plans are much more expensive than catastrophic plans that only cover major medical issues. Investigate the cost of routine care in your area before deciding on a plan type. There is no need to pay the extra premiums if routine care is inexpensive in your area.
Lastly, check out the reputation of the company offering the plan. Low fees become very expensive if reimbursements are slow or nonexistent or if you have to fight over what is and isn’t covered under the plan. Get referrals from friends, and then do your own research. Also, use the internet to search out reviews and opinions of plans you are investigating. Comparison shopping, adjusting deductibles and co-pays, and only getting the coverage you need, are the best methods for getting the cheapest price on a pet insurance policy.
Which Pet Insurance Is Best?
Pet insurance helps you pay for unexpected (and in some cases, preventative) costs at the vet. Many pet lovers are investing in pet insurance, with the rising cost of advancing veterinary care and the state of the current economy. Diagnostic tools, such as MRIs, and extensive procedures, like kidney transplants, are now available for pets whereas years ago certain conditions proved fatal for pets and such procedures were not available. Having pet insurance can save you a lot of money in the long run, especially if you have an older pet.
When shopping for pet insurance, you should consider the following: Is wellness care covered? Check-ups and vaccinations are key to keeping your pet healthy, and your pet insurance plan should offer some assistance. Also, are congenital and hereditary conditions covered? Genetic problems, like epilepsy, cataracts, and heart disease are just a few of the very many conditions your pet can develop over time, no matter how proactive you are with preventative care. The pet insurance plan you choose should cover these conditions. Also, ensure that your policy will provide long-term coverage and that the premiums won’t increase if your pet comes down with a life threatening condition. Find out if there are per-condition limits in your pet’s policy. When it comes to your pets health, you can be too careful.
A very important step to take when considering pet insurance is learning how long the company has been in business and if it pays it’s claims. You don’t want to invest too quickly in a fly-by-night company that won’t keep it’s promises. Shop around too – get quotes from different companies, and then talk it over with your vet to get their professional opinion. The internet is a great place to start when researching pet insurance companies and costs. Consider the fees and ensure that you can afford the premiums – and that the coverage will be adequate. Ask if there will be any discounts if you enroll multiple pets. Finally, before you sign anything, educate yourself about the pet insurance companies’ clauses on deductibles and surcharges. Make sure you are getting everything you need before you buy pet insurance!
Coverage for Your Pet
- Pet insurance has become a must have item for serious pet owners. Policies vary as much as animals vary but they all have some common features.
- Owners pay out of pocket for all services and reimbursement is made according to the terms of your policy.
- Policies even from the same company can have varying terms, conditions and reimbursement amounts.
- Pre-existing ailments are not typically covered by pet insurance policies, but some insurers cover pre-existing conditions. Some insurers have a time limit after which they will cover pre-existing conditions and some will never cover pre-existing conditions, even if your pet lives 15 more years.
- Luckily, there are no PPOs or HMOs in the pet world so you are free to choose your own veterinarian.
- Services covered vary widely. Some policies cover wellness visits, immunizations, heart worm medication and other such services, while other policies only cover major medical expenses. Review your needs and purchase insurance accordingly.
- Insurers, both human and pet, have a term called “reasonable and customary” charges or “allowable” charges. This means while you may purchase a plan and choose 100% reimbursement plan, when you receive your reimbursement it may be significantly lower than the amount you actually paid. The same is true with the 80% reimbursement plan. The insurer will pay 80% of the allowable charge, not 80% of the amount you paid.
There are many companies offering pet insurance. Some support animal rescue services, such as ASPCA Insurance Coverage, which is also Pets Health & Hartville brands, some are related to pet suppliers, such as Purina Care and PetCo and some are simply insurance companies such as Pet First Healthcare.
Pet first healthcare is a plan which lets you create the plan that will work best for you and your pet. They have a comprehensive list of 22 exclusions, but they allow you to purchase a rider if there are services you feel are necessary to your pet’s health.
Embrace Pet insurance is an exception to the “reasonable and customary” charges information above. Embrace does not use a fee schedule. They simply reimburse you a portion of your veterinarian’s charges which simplifies things for the pet owner. There is no guess work, just reimbursement.
Insurers, both human and pet, have a term called “reasonable and customary” charges or “allowable” charges. This means while you may purchase a plan and choose 100% reimbursement plan, when you receive your reimbursement it may be significantly lower than the amount you actually paid. The same is true with the 80% reimbursement plan. The insurer will pay 80% of the allowable charge, not 80% of the amount you paid.
All insurance plans have various limits for each incident of care, yearly charges, and wellness care. Study these carefully to make sure you are covered in the event of a catastrophic accident.
Some insurance plans will cover chronic conditions and conditions related to certain breeds. Not all insurers do, so if you have a full blooded dog and that type of dog is prone to certain conditions, such as hip dysplasia or arthritis, check with the insurer to make sure the illnesses your pet might have will be covered. The dog doesn’t even have to have a history of the illness for the insurer to deny the claim if it is a common breed illness. This would be frustrating to pay insurance premiums for your best friend only to find out in his golden years that his illness will not be covered because it is common for his breed.
Evaluating Pet Insurance Costs
The cost of pet insurance is a significant factor when choosing an insurance plan. More importantly, a pet owner should look at the value for their cost. Premiums should not be viewed as the sole cost of an insurance plan. Several important elements to consider are premium cost, types of coverage, pre-existing condition clauses, claims and out-of-pocket expenses.
Insurance works by charging premiums based on projected expenses plus profit. Expenses are calculated according to mathematical formulas that are determined by type of pet, breed, age, life expectancy and a number of other factors. Premiums also vary according to the type of coverage that an insurance company offers. Plans that cover routine health expenses and chronic care will be considerably more expensive than major medical coverage. Insurance companies are betting on their customers never needing to use their major medical coverage, so premiums for this service are much lower.
Some companies have pre-existing condition clauses. Any treatments for conditions that are deemed pre-existing by the insurance company will not be covered under the insurance plan. This can be costly for the pet owner if their pet rarely sees the vet for any other condition. The details of the pre-existing condition clauses vary from company to company, so the pet owner should check with the insurance company as to the specifics of the plan.
Each company has its own procedures for reimbursement of claims. Before purchasing a plan, pet owners should understand how claims are handled and who to contact in the case of a dispute. This information should be in writing and available prior to purchase of the insurance plan.
Even with insurance, there will be out-of-pocket costs. When evaluating an insurance plan, pet owners should look at these extra expenses. Verify if the plan has a deductible or lifetime limits, or both. Out-of-pocket expenses can add up quickly and cost pet owners more than what their insurance is worth.
The Internet is an invaluable resource to investigate prospective insurance companies and plans. Customer reviews and insurance company websites can be used to determine if the value of the plan is worth the costs. Questions about premiums, plan coverage, pre-existing condition clauses and claims handling as well as expected out-of-pocket costs can be used to determine which insurance plan has the most value for a pet owner’s needs.
What Exactly Is Lifetime Pet Insurance?
Lifetime Pet Insurance is basically an insurance plan that will keep your pet securely insured for pretty much their entire lifetime. In the long run, this type of insurance plan can work out wonderfully for any pet you may own.
Unfortunately, what most people fail to see when they sign up for this type of insurance plan for their beloved pet is that with an insurance plan, you can expect it to last anywhere from six to eight years which isn’t very long for any animal to be protected with this type of insurance plan. In most cases, many insurance companies will have a cutoff limit especially for most dogs which is in the timeframe of six to eight years despite their possible or pre-existing health problems.
In this case, for the Lifetime Pet Insurance plan you can expect to avoid a large amount of annual and premium monthly raises as well as preventing your pet from getting dropped unnecessarily.
The first thing that every animal lover and owner needs to keep in the back of their mind. When it comes to finding the perfect insurance plan for your pet, you’ll need to consider the costs of the insurance policy your planning to purchase.
With many pet insurance plans you can expect many insurance companies to offer an array of policy options for you to choose from. Many of these options can be extremely pricy but with the Lifetime Pet Insurance plan, you won’t need to worry about the unnecessary added expenses that you will receive from other pet insurance companies.
Today, you can expect many dogs and cats living much longer than expected. By having a lifetime insurance policy plan, you can ensure your pet with a lifetime of coverage and protection for the rest of their life by treating their life long conditions that they might face in the long run. This plan is highly recommended! The next thing to consider in on the topic of lifetime limits. These lifetime limit policies do indeed have limits so you’ll need to make sure how long these limit policies last before you plan on buying. One of the best ways to do this is to try to receive at least three quotes from three different insurance plans and compare them to see which plan will work perfectly for you and your pet.