Salient Features Of Pet Care Insurance
We know that your pet is an integral part of your family and that you want the best possible attention to be given to your pet. The insurance regulatory authority has designed a policy to take care of that particular concern of yours. This works similar to health care insurance for humans. So when your pet gets sick, it pays a part of your veterinarian's bill. And above all, you will always have a peace of mind that your pet will be taken care of in case of any accident, untoward happening or an illness. There are many companies in the market which offer these plans and you have multiple choices to choose from. Once you select a policy, all you have to do when your pet gets ill is to pay a small part of the bills and the rest is reimbursed or paid directly by the insurer, to the vet or hospital. The insurer, at times bears the whole cost dependent upon the provisions of the cover. This gives you a peace of mind that you have done something good for your pet.
What does it cover?
There are many Pet Care Insurance policies available. Most companies offer Basic and Premium plans. Basic plan covers accidental injuries, sickness, chronic diseases, emergency hospitalizations, x-ray charges, drug prescriptions, etc. The above said medical consultations are covered under the scope of the insurance cover. The cover has exceptions as is the case with the humans. Like the case of other health insurance covers, these all have add on available. The owner can get extra ailments or risks covered by paying a higher premium.
It is solely up to you to decide which plan you want for your pet according to your pet's need and your budget. Some companies offer very low deductibles and there may only be one deductible per year of coverage. Most companies do not ask for a medical history of your pet. You can get insurance of your pet older than 10 years too. In such cases the premium rates may be higher and having a premium plan will be better for such pets as old pets get sick quite often.
Any illness or disease contracted prior to applying for the insurance is generally excluded from the insurance cover. This can have exceptions as well if only it is proved otherwise. The pet care insurance is a step in the right direction as far as the owners of the pets are concerned. They can atleast feel secure for their pets even if these get majorly sick, as they know that help is not far away. The owners need to understand that these are mere arrangements to relate off the unwarranted hidden but not all the expenses of treatment. The corrective surgeries or cosmetic surgeries are not covered in this insurance. The said product of the insurance company can be customized as per the need and convenience of the pet owner.
The premium of the policy can be set according to the budget of the owner and risks that the pet is more likely to be granted to.