Saturday, August 3, 2013

Tips For Selecting Insurance For Pets

By Jay Beckner


A pet is a great source of joy and companionship to the owner. These animals can be loyal and loving. Unfortunately, they sometimes get sick or hurt in an accident. Like the healthcare for humans, vet care costs continue to increase. Insurance for pets helps to offset the vet bill costs, especially as animals grow older.

Not all pet policies are alike. Some are designed for basic coverage. Others only pay for accidents. Some offer advanced treatments for cancer. The differences are often confusing, so the owner should spend some time researching before buying.

Owners should beware of companies offering a low coverage cost but denying many of the claims. Often the least expensive polices offer the lowest coverage. They may not cover if your beloved pet needs treatment for cancer.

Owners need not worry about the vet accepting a policy selected. The carriers all accept claims from any vet who is licensed. However, owners should know they must first pay the bill out of pocket. Unlike human health care, vets do not invoice carriers. Instead, the owner pays the bill and submits the claim to be reimbursed. The reimbursement process can take a few weeks.

Owners should not expect coverage for pre-existing conditions. Pet policies are a part of property coverage. Just as a homeowners policy does not cover damage to the home before the purchase of the policy, pre-existing conditions with the health of the pet are not insured.

To conclude, the paragraphs above do not tell the full story of selecting insurance for pets. Nonetheless, they do provide an excellent introduction for guarding the welfare of your beloved pets. And it is worthwhile in the long run to go to the lengths that such a process demands of you.




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