Pet Insurance Explained
By Grant Copland
Advances in scientific and medical research have allowed pet owners the chose to now save their dearly loved family pets from more injuries and diseases. However when the pet life is in danger, most owners find that they cannot afford the often astounding cost. The price of some veterinarian treatments can be in the $3,000 to $10,000 range. The sad fact is most pet owners are forced to put down their pets anyway.
If only, the pet owner had the insight to purchase a policy.
Pet owners can purchase pet insurance plans from companies. You can purchase for a variety of reasons. You might like the idea that you can save money on the petís yearly trip to the vet. The ability to afford the necessary treatment if your beloved pet developed a serious health problem is reassuring.
Pet insurance is comparable to human health insurance.
Pet insurance companies can offer several types of policies. The three primary policies' types are Fatality/Mortality insurance, basic medical insurance and major-medical insurance. The policy names of each type of insurance may vary between companies.
All companies cater for cats and dogs. Some companies have insurance products for horses, rabbits, ferrets, birds and other exotic pets.
Mortality/fatality is related to human life insurance. Each month the policy owner pays a premium and is paid a predetermined amount when the animal dies. The mortality/fatality insurance purpose is to help in additional medical bills that occur at the end of the pet's life. It can also be used to purchase a new family pet.
If you have mortality/fatality pet insurance, most companies will require you to contract them if the pet will be euthanized. The company will often speak to the vet in charge of your pet's care.
Basic medical pet insurance is similar to human health insurance. It typically covers veterinarian expenses like accidents, hospitalization, nonelective surgery, and illnesses. Check each company's policy carefully to see what is and what is not covered. Basic medical health insurance for your pets usually has a limited on the amount you can claim each year.
Major-medical pet insurance just covers your pet for major surgery and diseases like cancer. These policies normally have a higher limit than your basic medical health insurance. It is important to understand the policy to know the procedures that are covered.
It is best for pet owners to purchase plan early in their petís life. Many veterinarians point out that accidents are more likely to happen in younger pets.
Understand that most policies do not cover genetic disorders that develop in some breeds and any preexisting conditions
For particular pets, like horses, you may wish to purchase a loss of use policy. A loss of use policy pays if the horse is injured so severely it can no longer be ridden or bred, but is not so seriously injured to justify euthanizing the animal.
Grant Copland is the owner of PetHealthCover.com.
So it you want to know more about pet health cover then please look around, read some articles and educate yourself on the benefits of owning pet insurance.
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