| Monday, July 14, 2008 |
| Cheap Pet Insurance May Cost More Over Time |
In the minds of many pet owners, cheap pet insurance is better than no insurance, but when something major happens with their beloved animal they may find this is not entirely true. While cheap pet insurance may be available at a lower monthly premium, how much of the vet’s bill it actually covers may make animal health care costs higher in the long run.
When looking for cheap pet insurance the monthly premium should only be a starting point, with the deductible the primary consideration in making a choice. If the cost of the deductible will be about the same as the difference in the monthly payments, it will probably pay to pay a little more each month instead of a larger amount each time you take your pet to the vet.
However, if you have an extremely healthy pet that listens to everything it is told and there is little chance of injury or illness, then cheap pet insurance with a high deductible may suit your needs. Many pet owners are able to cover the annual veterinarian costs and buy cheap pet insurance simply to cover catastrophic emergencies they may experience with their pets.
Budget Is Major Consideration For Quality Pet Care
Many families simply do have the financial resources to buy a low deductible, high payout health care plan for their pets. They may be struggling to maintain health insurance on the human members of the family and will choose cheap pet insurance just to be protected in case of an emergency. For those having some coverage will help them make decisions on their pet’s health based on other than financial concerns.
Other considerations with cheap pet insurance are the policy’s maximum allowable payout over the life of the pet. They may also have a maximum payout on an annual basis and may not cover annual checkups or vaccinations. The occasional visit to the vet when the pat develops a cough or cold may also be the owner’s responsibility with the cheap pet insurance picking up little or nothing of the cost unless the illness develops into something more life threatening.
In some states, pet insurance is not regulated by any government agency and care must be taken to insure that company with which you obtain cheap pet insurance is a solid company and not a fly-by-night organization simply after the money. If your state does not regulate pet health insurance, check with the Better Business Bureau to insure you are dealing with an honest company. |
posted by Sara @ 8:54 AM  |
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| Discount Pet Insurance Deals |
Pet insurance has become quite popular in recent years mainly because, for lack of a better word, it “delivers.” When the concept of pet health insurance first debuted several years ago, many assumed that it was some kind of lark or fad. Of course, pet insurance is neither of those as it serves a vital function: it provides a valuable financial ‘safety net’ that ensures proper medical care will be provided to a dog, cat, et al when the need for medical treatment is required. You would not want to be in a situation where you were not able to provide care for your beloved pet, would you?
Comprehensive Pet Insurance vs. Discount Pet Insurance
Now, it must be understood that not all pet insurance plans are cut from the same mold. While there are a variety of pet insurance plans, most plans fall into one or two categories: they are either comprehensive pet insurance plans or they are discount pet insurance plans. Again, while variations exists, the common difference between a comprehensive plan and a discount pet insurance plan is that a comprehensive plan involves a monthly payment no different than a “human” insurance plan while a discount pet insurance plan usually centers on a lump sum annual fee that is at a reduced cost of the comprehensive plan.
Notes on Discount Pet Insurance
Keep in mind, comprehensive pet insurance may provide for a complete range of pet health care concerns while discount pet insurance may not cover all medical issues. This is not a knock on pet insurance that is offered at a discounted rate, but rather it is an honest assessment of the plan. From a clear and honest assessment of a particular plan, one can draw a conclusion as to which plan would best serve needs. It would not be an optimum situation to sign on to an insurance plan that does not truly provide what one is looking for so a clear understanding of the positives and negatives of both plans should be defined.
Ultimately, taking out a pet insurance policy – regardless of the type of insurance policy one takes – is an act of love and protection. In that regard, any type of pet insurance policy is better than none at all. Since your pet provides their owners with much love (and in the case of REALLY big dogs, provide a lot of protection as well), it would only be fair to take all necessary steps to safeguard the pet’s welfare. |
| posted by Sara @ 8:53 AM |
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