It is important to know what coverage is available for your pet when you purchase a pet insurance policy. Most plans focus on accidents and unexpected illnesses. Pre-existing conditions and preventative care are not covered by most plans. A plan with wellness benefits will provide you the most comprehensive coverage.
Comprehensive coverage
Pet insurance offers comprehensive coverage that covers everything your pet needs, including annual wellness exams and vaccinations as well long-term illness or surgery. All medications, including prescription medicine, eye and ear drops, as well antibiotics, are covered. Some policies offer coverage for pre-existing medical conditions. It is crucial to know what your insurance policy covers, and which options will be best for you pet.
Comprehensive pet insurance covers a range of ailments, including hereditary diseases and illnesses. This insurance also covers ongoing care as well as diagnostic and treatment tests. Dental care is included up to a maximum amount of $1,000 per annum, and it covers treatments for genetic disorders as well. Additionally, once a pet is covered under an insurance plan, the coverage continues with renewal.
Excludes pre-existing condition
If you're buying pet insurance for your dog, it's important to know what is covered and what isn't. Some pre-existing conditions might be excluded from coverage. These conditions include degenerative and chronic illnesses. Your dog might be exempted from coverage for twelve months if it has severe diarrhea.
Most pet insurance policies do not cover pre-existing conditions, although there are some exceptions. Some plans cover common illnesses and conditions that are considered "pre-existing." Many companies also provide coverage for genetic and/or hereditary conditions. These policies will differ from one insurer to another.
Excessive co-insurance
Depending on your pet's age and health status, you may need to pay an excess as part of your pet insurance policy. Some insurers require that you do this. Others don't. Check your policy documentation for any coinsurance clauses. It may be cheaper to buy a pet insurance policy that does not require compulsory co-insurance.
When comparing policies make sure that you calculate the excess for each condition. Some policies have an excess amount that is fixed, while others can be adjusted. Another thing to consider is where you live and how old your pet is.
Annual deductible
Annual deductible pet plans are great for budgeting. They are also flexible, as you only have the deductible to pay once per policy year. This means your pet can go to the vet as often as they need. You don't have pay high vet bills each time your pet goes to the doctor.
An option for pet insurance is a per event deductible. This deductible is only applicable when your pet visits the veterinarian. Each new event counts as an individual incident. Unlike annual deductibles, per-incident deductibles reset with every new incident. You may need to pay more per year if your pet suffers from multiple ailments or injuries.