Various Types Of Pet Insurance And Their Features

Various Types Of Pet Insurance And Their Features

Pets are the integral part of our family. Just like how important it is to get a medical insurance for yourself, it's equally important to cover your pet with a pet insurance. The loving relation that you share with your pet can never be overemphasized. Just like humans, it's not possible to predict your pet's health conditions. You cannot expect your pet to be always hail and healthy. If due to some unforeseen happening to your pet you may have to rush to the vet, the first thing that strikes your mind is the heavy vet bills at the end of the treatment.

It's a fact that medical bills of a vet is exorbitantly high and at many cases not affordable for a common man. So the best option is to cover all the medical expenses of your pet with a pet insurance. Selecting the best pet insurance can be a challenging task. But understanding the types of pet insurance and its features will help you in making the right selection.


The first type is the Lifetime Pet Insurance Policy which will cover for the entire lifespan of your pet. A fixed amount is paid every year toward premium and it allows unlimited number of claims in a year. It restricts the total claim amount in a year to a particular amount. Another advantage is that you could claim any number of times for the same case of treatment. If, for example, you have claimed in a year for a particular disease, you are still eligible to claim for the same disease in your future claims. So, this is best suited if your pet is suffering from any long-term illness. This is an all-encompassing pet insurance that gives a complete medical coverage to your pet. But, they are the most expensive of all the types. The premium paid annually is very high, but the worth of this policy is unmatched when compared to the love given by your pets.

The second type is the per conditions Pet Insurance. This Policy covers only a particular condition of the pet and the total claim is limited to a particular amount. This is not suitable in cases where your pet is suffering from any long-term illness because the policy does not allow you to make repeated claims for the same condition. When the claim amount reaches the policy limit, the cover expires and you will have to renew the policy. Moreover, for every new condition, you will have to take up a new policy. The premium amount is very less as compared to other types.

Another type of pet insurance is the Annual Pet Insurance Cover. This covers a particular condition for a particular period of time say 12 months. The policy does not allow repeated claims for the same condition and is not suited for long-term illness of the pet. But this is best for your pet's ad hoc illness and the treatment of the same. The premium amount is reasonably low and can be afforded. A clear understanding of the types gives you a better idea to select the right type of insurance based on your pet's requirements. Visit www.petinsurance.com.au to get more information about somekeyword