As a pet owner, you have the responsibility of the health, happiness, and overall well-being of your animal. Much like any other life partner, your duties to a pet are in sickness and in health, good times and tough times.
One important part of this responsibility is being prepared in case something happens to your pet. Perhaps your dog swallows something they weren’t supposed to, or your cat falls ill. These problems often require professional veterinary care, and depending on the necessary procedures, the costs can quickly add up.
Even with a dedicated savings put aside, certain health issues with your pet might put you in a difficult financial situation—that’s where having pet insurance comes in.
Pet insurance is best recommended to get while the pet is young. This is to avoid any medical exclusions. While it is best to get while young, older pets can still very much benefit from pet insurance.
What is Pet Insurance?
Pet insurance is a health policy that an owner puts in place for their pet. In exchange for a monthly premium, your insurance company will provide reimbursement for a multitude of procedures and treatments at the veterinarian. While we always hope to never need to use pet insurance, it remains one of the best ways to protect the finances of an owner and the safety of the pet.
Not every pet owner is completely prepared to foot the bill for necessary treatments. Pet insurance allows people to take the stress of finances off the mind of pet owners, allowing them to simply make the best decisions for the health of their pet.
Perhaps you’re looking into getting a pet, or you’ve recently adopted a new one, and you’re wondering if pet insurance is a worthwhile investment. If you ask us, it’s one of the most important ways you can protect your pet and yourself. With that said, here are the six biggest benefits of pet insurance and setting up a policy.
1. Save money at your veterinarian’s office
Saving money is one of the biggest reasons people choose to set up pet insurance. Depending on your policy of choice, your plan could be paying for itself in just one or two urgent visits. Although you’ll have to pay the cost of your vet visit up front, you’ll be able to get reimbursed for your portion. At the most basic level, pet insurance simply makes good financial sense.
2. Gain access to the best possible pet care
Rather than being forced to choose between the most advanced, effective treatments and your pocketbook, pet insurance gives you access to options when it comes to pet healthcare. In recent years, technology in the veterinary field has been advancing rapidly, and there are now many more options for the owners of sick or injured pets than ever before. Chemotherapy for instance is an effective way to treat cancer in pets, but it can often be very expensive for people without insurance. Having a policy in place beforehand allows you to think about what the best option for your pet would be, rather than concerning yourself about what you’ll be able to afford.
3. Pay a small, regular fee instead of saving for emergencies
It can be difficult to keep a sizable emergency fund aside in case of a health issue with your pet. Rather than saving every spare dollar in case of the worst, you can pay a small monthly premium to your insurance company in exchange for pet healthcare coverage, which opens up more financial options for you.
4. Choose a flexible policy for your pet
Because people’s pets are so varied and unique, pet insurance offers many flexible policies for all kinds of animals, breeds, and ages. Just because your pet is older doesn’t mean you won’t be able to get pet insurance for them, and doing so will often pay off down the road. Furthermore, with lots of competition in the pet insurance market, you’ll be able to get a variety of quotes and find something affordable.
5. Gain peace of mind
The number one reason people choose to set up a pet insurance plan is for peace of mind. We know how much you love your pet and want to provide them with the best care possible. As a pet owner, you are responsible for ensuring that they’re well looked after in even the worst case scenario. Pet insurance allows you to rest easy knowing that providing your pet with the care they need won’t be an issue, regardless of the necessary treatments and procedures.
As a pet owner, you have countless duties when it comes to looking after your four-legged family member. Whether it’s taking them for exercise, feeding them right, or cleaning up after them, we perform these responsibilities as an act of love for our pets—insurance is no different. By setting up a good pet insurance policy from the outset, you can be confident in knowing that your pet will have access to the best possible care no matter what, allowing the two of you to have a long, healthy, and happy life together.
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