As pet owners, you are committed to doing whatever you can to help your pets stay happy and healthy. Ever wondered what if your pet gets injured in an accident or falls ill? Will you be able to afford their veterinary bills out of your own pocket? Well, worry not! The good news is that pet insurance can help you pay for your pet’s treatments to get them back to their healthy life. However, finding the right insurance plan can be an intimidating task. So to find out the different pet insurance plans, here is a quick guide:
Accident-Only Insurance Plan
The policy specifically offers the most basic level of insurance cover, and is likely to offer the cheapest premiums. The policy is helpful in covering short term health concerns as well as accidents. Some policies also offer help in case your pet gets ill due to an accident. It is possible that things like animal attacks and poisoning may also be covered. However, this may only be possible in case of an emergency. Remember that you must take this policy plan for your pet when it is healthier and younger.
Time-Limited Insurance Plan
With this insurance plan, coverage is provided up to a certain amount per condition, for instance, $2000. It offers a valuable protection for some limited period after an injury or illness for up to 12 months, from when the issue was first noticed. Some plans also cover physiotherapy and behavioral treatments that cost up to your veteran’s fees maximum benefit. Furthermore, some policies offer cover for older pets with absolutely no age limit at policy inception. Such plans are imperative for pet parents who are concerned about the conditions or illnesses that their pets may be susceptible to during their old age.
Lifetime Pet Insurance Plan
The plan provides a wide range of cover for your pet. It is specially designed for pet owners concerned about their pet developing a chronic or long-term illness. Some of the long term illnesses and conditions may include, diabetes and arthritis. These illnesses need to be treated by a veteran over a long period of time, quite often. Also, considering the long cost of such treatments potentially running into thousands of pounds, the lifetime insurance plan can give you that much required peace of mind, that your pet will be recovered throughout their lifetime, as long as you renew the policy each year.
Maximum Benefit Insurance Plan
Such plans cover conditions or ailments up to a maximum amount, for instance, $1000. Once the cost of treatment has touched the maximum amount stated by the policy, there will be absolutely no further payouts made. However, there is no limit on how long you can claim this policy for. Such insurance plans may not provide complete cover in case of an ongoing illness.
Your pet is an imperative part of your family, so when they are injured or fall ill, providing the best health care for them is extremely indispensable. For this reason, choose the insurance plan that best suits you and your pocket, as not only does it offer valuable peace of mind against vet fees, but it also allows you to explore available pet treatment options.