Our pets have become members of our families. We throw them birthday parties, give them presents, and even know their ascendant zodiac signs. Every pet parent loves their furry family member and wants to make sure that they are safe, healthy, and cared for.
Many pet owners, however, feel that routine care, vet bills, and a pet health insurance policy will put a burden on their financial situation. Maybe that’s why only 16% of Australian pet owners have dog insurance or cat insurance nationwide. But the pet insurance industry is a lot more flexible than people may think, and investing in general insurance for your puppy or kitty could save you tons of dollars down the line if they are ever injured, sick, or lost. There are many benefits to investing in an insurance plan for your pet, but here are the top three.
1. Holiday cancellation protection.
It’s the day of your family vacation. Your bags are packed, the taxi is waiting to pick you up, and your family is beaming with excitement. However, something’s wrong with your pet and they need to be taken to a licensed veterinarian ASAP. What do you do? Well, the best pet insurance policies have “Holiday Cancellation Protection.”
All you need to do is fill out a claim form and you will receive a reimbursement cost of your tickets and hotels will be covered. Families who have invested in pet insurance Australia have the peace of mind that, even if the worst should happen, they are protected.
2. Reduced copay for vet fees.
As we all know, seeing a veterinarian can be ridiculously expensive. If your dog, cat, or exotic animal falls victim to an illness or needs certain vaccines, the vet bills can be a major financial setback. Fortunately, most comprehensive coverage pet insurance plans include a deductible that will dramatically reduce the copay if your little one gets sick.
Some of the best pet insurance plans will even cover your pet if they have a preexisting condition. This coverage applies to any medical service your pet may require, from surgery to diagnostic tests to acupuncture!
3. The reward is covered if your lost pet is found.
It’s a sad truth that around 10 million pets go missing each year. This can be a heartbreaking experience for any pet parents who have to endure the loss of their loved ones. The thoughts of what could be happening to their poor puppy or rabbit can keep them up at night, tossing and turning.
Many pet parents decide to put missing posters throughout the city, offering handsome rewards. While it’s true that offering a reward for the return of your lost pet will significantly increase the chances of it being returned safely to you, many families struggle while coming up with the money for a reward at such shorthand notice.
Fortunately, a pet insurance provider will be able to pay the reward for you if your pet is ever lost and returned home by a reward seeker. Depending on your policy, this reward could go up to thousands of dollars. Losing your pet is enough of a traumatic experience as it is, nobody should have to endure the additional stresses and headaches of worrying about paying the reward if their pet is ever found.
Some pet owners are understandably hesitant to invest in pet insurance. The additional cost is something that everyone should think about as they consider working a pet plan into their budget. However, the cost of not insuring your pet could be much more drastic if you chose to leave them uninsured.