Understanding Pet Health Insurance

Insurance as we all know is a type of " risk management" mainly done to evade any sort of risks of prospective monetary loss. However, there are different types of insurance related to matters other than financial-for example different pet insurances to care of your pets.

Among these, pet care insurance or pet health care insurance, is the most common typeHere, some amount is paid to the person, whose pet falls ill or suffers any accident. The pet insurance policy that is paid, is usually limited by the sum that will be paid by three ways-either by putting a check on the total amount to be paid in a year or by putting a check on for each illness or accidents or even putting check on for every claim along with restricting the period of the claim. The pet owner generally has to pay some amount for any claim called premium.

Mostly, these types of insurances are available for cats and dogs only. Sometimes special insurances are also offered for horses. These policies are almost available in all (developed) countries. But the rules and other details regarding the policies differ.

After making a good study on different companies who are engaged in this business it has been found that till now ' the king of the jungle' is VPI pet insurance, which covers almost over 6400 illness, accidents or injury cases. They also cover for vaccines, though generally insurances are not paid for veterinary cares.

Pet insurance has now become the fastest growing form of insurance in the market as it helps us to get the best care for our pet and also helps us to get readyFree Reprint Articles, beforehand for any sort unanticipated emergencies. It also helps us to cope with the rising veterinary costs.

Source: ArticlesFactory.com

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Find more about Pet Insurance on http://www.LeanderNet.com/Pet_insurance/Pet_insurance.php

- baLooT Inc 2007 -

Pet Insurance : What To Look For

By: Nicholas Hunt

Keeping a pet is a rewarding experience which many of us enjoy, but it can also be expensive. As well as all the routine costs such as food and grooming, you can also come up against unplanned expenses such as veterinary bills through sickness or accident. These bills can unfortunately be very high, so to ensure that their pets can get the treatment they need many people decide that taking out pet insurance is a sensible way of helping to cushion these costs. But what should you be looking for in a pet insurance policy?

The first thing to consider is what kind of pet you have. The cheapest kind of pet insurance is that for the most common pets - cats and dogs. Prices for these policies can be very reasonable indeed, amounting to only the cost of a few tins of pet food a month. If, however, you keep a more unusual kind of animal as a pet, then the price you pay may well be higher. Make sure that any policy you take out specifically includes your kind of pet, as many will exclude more 'exotic' kinds of animal.

The main reason for considering pet insurance is cover for medical treatment, but there are some exclusions that you need to be aware of. Firstly, your policy will almost certainly not cover routine treatments such as vaccinations, flea control, or worming. Secondly, you won't be covered for any pre-existing conditions that were already known about when you took out the policy (you should also declare any existing conditions when you take out the policy, or you risk it being declared invalid when you come to make a claim).

You also need to check your policy for claim limits: there may be a time limit of cover, so for example a long-term condition such as arthritis may only be covered for a period of 12 months, after which you will be responsible for meeting the bills. There is also usually a limit to the total cost of medical bill claims you make in any one year, but this is usually high enough to cover almost any conceivable situation.

Another major reason for taking out insurance is to help you cover the costs of getting your pet back if it goes missing. Most policies will contribute towards advertising in local newspapers etcetera, and also to providing reward money for the safe return of your pet.

Another very important part of your insurance cover is public liability, especially for dog owners. Even the calmest and most well behaved of pets could possibly cause damage to someone's property, or even cause an injury to a person. In this thankfully rare event, you could be open to huge legal bills and compensation claims - make sure that your policy includes a substantial amount of third party liability cover as standard.

Finally, check whether the policy you're considering places a limit on the age of your pet. Many policies are only available to, for example, cats up until the age of eight years. As it is in later years that your pet is most likely to need treatment, it obviously makes sense to ensure your policy will cover this, especially if your pet has a few years under their belt!

Source: ArticleGOLD

- baLooT Inc. 2007 -

Pet Life Insurance - Important Issues When Purchasing One

While you are preparing to go for a pet care pet insurance do not forget to consider the following issues or questions.

1. What are the matters that your insurance should cover?

2. What are the different levels of pet insurance?

3. Whether the insurance is limited based on per condition? If yes then what is the limit?


4. What kind of excess is there for per claim?

5. Whether your plan covers any hereditary condition or not.

6. How can you pay the premiums?

7. Will they provide third party liability?

8. Will they pay you in case your pet dies?

9. Suppose your pet needs a surgery in a moment before you are scheduled to go on a holiday, in that case will your pet insurance policy help you meet the cancellation cost of your holiday?

10. Does your policy cover the kennel or cattery fees?

11. In case you pet gets missing or is stolen, then can you depend on your pet insurance to bear the cost of advertising and rewards?

If properly selected pet health insurance really will help you get the very best medical and health treatment for your pet, which otherwise could have been difficult for you to afford in the time of need. It not only gives you a peace of mind but also keeps you ready for unexpected emergencies.

Pets are like children they need special care and treatments. That is why you should select the best insurance for your pet and while doing that you must always keep the above laid points in your mind. So go and get your pet the best possible insurance that will keep both you and your pet happy even at times if emergencies.

- baLooT Inc. 2007