Nobody wants to think about their best furry friend falling ill, but it's highly likely it will happen at least once during their lifetime. And let's face it a visit to the vet can work out to be very expensive. Pet owners often wonder whether the expense of pet insurance is worth it, so let's explain what is is and why it's so important.
Every insurance company will be slightly different but there are a few general rules of thumb. Basically, a pet insurance policy works much the same as any other insurance policy. Your home and contents, or car insurance, for example. You pay a premium, either on an annual or monthly basis and will be covered for certain eventualities. However, pet insurance is a little different in the way that it works. Generally, you will be expected to pay the vet directly and then make a claim for reimbursement from the pet insurance provider. Following a review the insurance provider will pay an agreed percentage of the bill. For items that are covered by the insurance policy.
The first reason is that having pet insurance will mean you don't have to worry about whether you can afford it if your pet needs veterinary help. Deciding whether a pet should undergo surgery, for example, is a hard enough decision to make without having to worry about the expense. Pet insurance will take the financial aspect out of the equation, leaving you to decide whether it is going to be best for your pet.
Another reason for taking out a pet insurance policy is that veterinary costs continue to rise on a daily basis. Surgical procedures have always been costly, but with the advances in technology costs are rocketing. Even a basic check up may mean you need a chair to recover from the shock.
The insurance policy you chose can be tailored to individual human and pet needs. The options for a younger pet are much wider. So it's a good idea to take out an insurance policy as soon as possible. Rather than leaving it until you're having a problem. The options can include major accidents or only vaccinations and regular check-ups.
There are usually no restrictions as to the veterinarian that you use. As long as you remember to ask for a bill there will be no problem.
The final reason for taking out pet insurance is that the process is really very simple. Completing the forms in the first place will only take a few minutes of your time. And when it comes to being reimbursed for any expense, as long as you've got an itemised bill, the procedure is painless. Simply send it to the insurance company and you should receive payment for part or all the cost. It's advisable to check the wording of the policy you've paid for to ensure the expense is covered. But apart from that there's very little to worry about.
Having pet insurance will give you peace of mind should your beloved pet become ill or injured. And will enable you to get the best care possible for their return to good health.