Pet Insurance

Everyone who has a pet will understand how important it is to have veterinary insurance cover in the event that your beloved pet falls ill or requires a vets expert help. There is no doubt that vets and veterinary surgeons are well qualified and are just a capable as a medical doctor or surgeon when it comes to giving the right diagnosis and treatment for your pet. The main question is how do you pay for the veterinary bill once your pet has had veterinary treatment? Vet bills are expensive and are not covered by your own medical insurance or the health service.

Pet insurance is the best option for you and does give some peace of mind if your pet needs veterinary treatment and you have to make a claim against your pet insurance whether you live in the UK or elsewhere. This area of insurance is quite tricky and it is very important that you check the exemptions and clauses that apply to your pet insurance. There are various levels of cover and each will attract a different pet insurance quote. It is also worth bearing in mind that many pet insurance policies only cover the first episode of veterinary medical treatment that your pet may experience. For instance, a case was reported to me recently where a couples basset hound dog underwent treatment and surgery for irritable bowel syndrome. The veterinary bill exceeded £1500.00 and is covered by their pet insurance policy for this first episode of irritable bowel syndrome. The couples main concern now is that any further episodes of irritable bowel syndrome will not be covered by their pet insurance premium. This means that they will have to pay for the veterinary treatment themselves and will not be able to make a claim against their pet insurance policy. The pet insurance will still be valid if your pet develops a different condition – for example an injury that is sustained which is unrelated to the irritable bowel syndrome.

The above case study illustrates how important it is to check in advance what is covered by the pet insurance quote you receive when considering the cost of pet insurance. Pet insurance works in a similar manner to any other type of insurance but there is a lot a small print which it is essential you understand and read prior to taking out a pet insurance policy. It is often a good idea to talk with your pets vet before taking out pet insurance to gain their valuable insight into which pet insurance companies offer the best pet insurance and coverage levels that they know of in their experience. Remember it is their job and they will hear over and over again which pet insurance policies perform the best. So take their advice if they are willing to give it. They probably won’t be able to recommend but they can say whether or not they know of any problems with a particular pet insurance company.

Also worth noting when researching pet insurance is the amount of any compulsory excess that you will have to pay in the event of an insurance claim.

Exotic Pet Insurance – For Your Not So Common Pet

Originally when pet insurance was first introduced about 30 years ago it was designed only for domestic dogs and cats. Today in the United States there are more than one hundred and fifty million dogs and cats owned as pets. About half a million (or less than half of one percent) of these pets are currently insured. Accordingly it stands to reason that the market potential for expanding the insurance for domestic dogs and cats is absolutely huge. Horses are also the subject of specialized insurance, especially if the animal is a race or show horse.

It is reality that almost any kind of animal will eventually get sick and require medical care so what about insurance for other types of animals like birds, snakes, lizards, or turtles? A new style of pet health cover known as exotic pet insurance has been developed to cover these less common animals.

Exotic pet insurance originated in the United Kingdom well before it was introduced into the United States. In the very early days of pet health insurance there was not a lot of focus on this type of product because insurance for even domestic animals, such as dogs and cats, was not particularly popular.

So the insurance market seemed to ignore the exotic pet sector of the market on the misconception that animals such as birds and lizards rarely seemed to get sick. The insurers were of the opinion that the cover would not find traction and so they concentrated their efforts on the traditional pets. All this changed, however, when pet health insurance saw a boom of companies being established back in 1996 and 1997 and many of the new comers to the market gave their attention to untapped aspects of the pet insurance market.

Pet owners in the United Kingdom have a very large assortment of different animals as pets. The variety of animals led to advancement in pet insurance to cater for all aspects of the market. The United Kingdom, by virtue of its relatively small size, makes it an ideal place in which to test run new ideas. The cost of developing and promoting new products just like exotic pet insurance is much more simple in the UK than trying to do something similar in the United States.

After the initial success of exotic pet insurance in the United Kingdom this style of coverage started to find its way to the United States. Today even very large pet insurers such as Veterinary Pet Insurance now offer exotic pet insurance but it is not their main line of business. As is the case with the vast majority of pet health insurers they still focus on insuring dogs and cats.

The increased popularity of exotic pets has resulted in a corresponding demand for an appropriate style of insurance, and as such there are now a number of companies that are offering these specialized plans. So if you are in need of exotic pet insurance for your less common animal, just do a little bit of research and you are sure to find an insurance provider willing to assist you.

Cheapest Pet Insurance Plan Tips and Pet Health Insurance Reviews

Out of all the different kinds of insurance plans available, pet health insurance is probably one of the least commonly advertised types of coverage. To many of us, our pets are an integrated member of our family and we treat them as if they were our children or an old best friend or companion. Many people consider buying pet insurance plans in order to protect the ones they love whether it be a dog, a cat, or exotic animal. So is it wise to go with the cheapest pet insurance policy or is cheap pet insurance not going to provide the kind of protection you need for your pet?

When shopping for pet health insurance a.k.a. veterinary insurance, it is highly suggested that you go over and review all your possible options when looking in to a new policy. You can find a multitude of pet insurance reviews online and visit the insurance sites directly to get a feel for what kind of policy works best in your favor. It is highly not suggested that you go with the first one you find, but instead do your research before hand.

Each type of veterinary insurance companies provide different types of coverage, co-payment and costs which can make a significant difference when choosing the right type of pet health insurance to match both you pets needs and your wallet. Some pet insurance plans have small co-pays while requiring a higher monthly deductible and some policies may cover pre-existing conditions while others do not. Some plans offer extremely cheap pet insurance plans but lock you in to using only specific care facilities that are in conjunction with the pet insurance company. These are all extremely important to keep in mind when looking for vet policy that meets your needs.

As a general rule, the more you pay upfront, the less you’ll have to pay when a vet emergency arises. Depending on your consistency of income and your level of buying power at any given moment may sway your decision on whether or not to get the cheapest pet insurance plan or go with one in which requires more upfront payment.

Various aspects or your pet may also affect your choice in policies and options for different types of pet health insurance plans. The gender, age, breed, genetic history and pre-existing conditions may be considered when deciding on which plan you’ll want to invest in. For example, if you don’t foresee your pet having any health problems, they are extremely healthy and still have a lot of years ahead of them, then it may be in your best interest to go with a cheaper pet health insurance plan. Adversly, if your pet is older, has had a history of health issues or a genetic predisposition to certain health problems like hip dysplasia, then going with a more than inexpensive coverage plan may be better suited for you and your pet.

The fact of the matter is that generally speaking, most all insured pet health plans are on the cheap side so you’ll most likely won’t break the bank when choosing a specific plan. Your decision should be based on your pets health and care needs and your financial disposition in order to get the most bang for your buck. In today’s day and age, things like pet health care may seem like something not of necessity, however it can definitely save you time, money, stress, anxiety and heartache when your dog, cat or exotic animal needs professional medical health care.