When you are buying pet insurance, it is crucial to understand the details. Most plans will only cover unavoidable illnesses or accidents. These plans don't include pre-existing and preventative healthcare. For the best coverage, consider purchasing a policy with wellness benefits.
Comprehensive coverage
Comprehensive pet insurance coverage covers all medical expenses. All medications, including prescription medicine, eye and ear drops, as well antibiotics, are covered. Some policies provide coverage for preexisting conditions. It is important to understand how much your insurance policy will cover and which options are best for your pet.
Comprehensive pet insurance covers many conditions, including those caused by hereditary disorders 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.
Exclusions for pre-existing conditions
If you're buying pet insurance for your dog, it's important to know what is covered and what isn't. Pre-existing conditions can be excluded from coverage. These conditions can include degenerative or chronic diseases. For example, if your dog has chronic diarrhea, it might be excluded from coverage for 12 months.
Pre-existing conditions are not covered by most pet insurance policies. However, there are exceptions. Some plans cover common illnesses and conditions that are considered "pre-existing." Many companies also cover genetic and hereditary conditions. These policies are specific to the insurance company.
Co-insurance excess
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 this, but others do not. Check your policy documentation for any coinsurance clauses. It is possible to save money by purchasing a policy that does not include compulsory co-insurance.
Consider how much excess each policy will cost when comparing policies. Some policies have a predetermined excess amount, while others have adjustable amounts. Also, consider your location and the age of your pet.
Annual deductible
Annual deductible pet insurance plans are ideal for budgeting and are flexible as you only have to meet the deductible once during the policy year. This means you can take your pet to the vet as many times as you need to. 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 incident counts as a separate incident. Per-incident, unlike annual deductibles. A per-incident deductible is higher than the annual deductible, so you may have to pay more than one per year if your pet has multiple illnesses or injuries.