Veterinarian treatment for diseases is not just expensive but also rare to find proving difficult for owners to safeguard their pet’s life. Improvements in medicine have come at the expense of far greater diseases and this is not just restricted to humans, pets too feel the brunt along with their owners. An insurance policy shall save money and life both. A few insurance providers might even consider chipping in clauses to cover loss of pet, which is rare but not unheard of. Most insurance even take care of third party coverage such as providing compensation in case, one’s pet bites another person or destroys property elsewhere.
What Animals Are Covered In Pet Insurance
Obviously the most common pets covered under pet insurance are cats and dogs. However, such vital pet care information regarding pet insurance can also be found for horses, exotic pets and other animals. Horses in particular have special insurance policy and in some countries pets like lizards and parrots too get a coverage plan.
Varieties of Pet Insurance
Insurance providers offer many types of policies to owners. These are just a few of the ones available globally.
Lifetime Coverage: All insurance providers offer pet care information regarding life covers. This is widely available as an all-inclusive cover plan that protects pets against long term illnesses such as cancer and tumors, arthritis, eczema etc. Furthermore, policy holder gets an assured sum each year for the upkeep of the pet and each time the policy limit gets renewed, the maximum limit is once again reset accordingly. Common house pets such as cats, dogs and parrots get this plan easy.
Limited Time Coverage: As the name suggests, the insurance cover does not provide protection for the entirety of a pet’s life. It has a prefixed expiry date after which diseases and loss of pet are not covered. Although, cheaper than a life cover, they are not always the best option. Those who own crossbreeds that have a shortened lifespan can purchase this type of policy.
Limited Money Coverage: Although cheaper than a limited time cover, this pet insurance can come costlier than lifetime cover depending on the amount of cover opted for. There is obviously no time limit and the policy provides relief as long as there is money in the hands of the provider.
Owners looking for important pet care information should consider pet insurance as a vital part of their investment. It saves money in the long run but more importantly it saves a lot of money.