If you're looking to purchase pet insurance, it's important that you understand what's covered. The majority of pet insurance policies cover unavoidable injuries and illnesses. But they do not cover preventative or pre-existing care. For the best coverage, consider purchasing a policy with wellness benefits.
Comprehensive coverage
Pet insurance offers comprehensive coverage that covers everything your pet needs, including annual wellness exams and vaccinations as well long-term illness or surgery. All medications, including prescription medicine, eye and ear drops, as well antibiotics, are covered. Some policies offer coverage for pre-existing medical conditions. It is crucial to know what your insurance policy covers, and which options will be best for you pet.
Comprehensive pet insurance covers a wide range of conditions, including hereditary illnesses and diseases. You also get ongoing care, as well as diagnostic tests and treatments. Dental care, for example, is covered up to $1,000 per year, as well as treatment for genetic disorders or other diseases. Additionally, once a pet is covered under an insurance plan, the coverage continues with renewal.
Pre-existing conditions excluded
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 are chronic and degenerative conditions. If your dog suffers from chronic diarrhea, for example, you might be unable to provide coverage for 12 months.
Although most pet insurance policies don't cover pre-existing medical conditions, there are some exceptions. Some plans cover common diseases and conditions that are considered "preexisting". Many companies also provide coverage for genetic and/or hereditary conditions. These policies are specific to the insurance company.
Co-insurance excess
You may have to pay an excess depending on the age and health of your pet. Some insurers require it, while others do not. You should carefully read the policy documents to find out if there are any coinsurance clauses. It is possible to save money by purchasing a policy that does not include compulsory co-insurance.
When comparing policies, make sure you consider how much the excess will be 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
An annual deductible pet insurance plan is great for budgeting. You only need to pay the deductible once per policy year. This means your pet can go to the vet as often as they need. This means you don't have to worry that your pet will need to visit the vet every so often.
You can also choose to have a per-incident policy with pet insurance. This deductible applies only when you take your pet to the veterinarian. Each new incident counts individually. Per-incident deductibles reset with every incident, and are not subject to annual deductibles. You may need to pay more per year if your pet suffers from multiple ailments or injuries.