It is important to know what coverage is available for your pet when you purchase a pet insurance policy. The majority of pet insurance policies cover unavoidable injuries and illnesses. Pre-existing conditions and preventative care are not covered by most plans. You should consider purchasing a plan that includes wellness benefits to ensure you have the best coverage.
Comprehensive coverage
Comprehensive coverage includes all medical expenses for your pet. This includes vaccinations, annual wellness exams, long-term illness, and surgery. All prescription medicines, eye and hearing drops, as well as antibiotics, are covered. Some policies provide coverage for preexisting conditions. It is important that you understand the limits of your policy and what options are available for your pet.
Comprehensive pet insurance covers a range of ailments, including hereditary diseases and illnesses. It also covers ongoing care and diagnostic tests. Dental care, for example, is covered up to $1,000 per year, as well as treatment for genetic disorders or other diseases. In addition, insurance plans that cover pets automatically renew their coverage.
Excludes pre-existing condition
It is important to understand what coverage is available for your dog when you purchase pet insurance. You may not be covered for certain pre-existing medical conditions. These conditions include degenerative and chronic illnesses. Your dog might be exempted from coverage for twelve months if it has severe diarrhea.
Pre-existing conditions are not covered by most pet insurance policies. However, there are exceptions. Some plans cover common diseases and conditions that are considered "preexisting". Likewise, many companies cover genetic or hereditary conditions. These policies are specific to the insurance company.
Co-insurance excess
Your pet's age, health status and other factors may require you to pay an extra amount as part of your pet insurance policy. This is a requirement of some insurers, while others don't. You should carefully read the policy documents to find out if there are any coinsurance clauses. It may be cheaper to buy a pet insurance policy that does not require compulsory co-insurance.
Compare policies to determine how much excess you will need for each condition. Some policies have an excess amount that is fixed, while others can be adjusted. It is also important to think about where you live and what age 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. You can take your pet to the veterinarian as many times you want. This will ensure that you don't worry about paying high vet bills for your pet every time they need it.
Pet insurance also offers a per-incident option. This deductible applies only if your pet goes to the veterinarian. Each new incident counts as a separate incident. Per-incident deductibles reset with every incident, and are not subject to annual deductibles. If your pet is ill or injured, a per-incident deductible will be higher than an annual one.