5 Reasons to buy Health Insurance for your Pet
We care for our pets, they’re part of our lives. But a sudden, unexpected medical expense can put strain on our finances and even on relationships within the family. Most people have insurance for a number of things – home, car, household stuff, medical expenses, etc. - adding your pet to the list may be a smart thing to do.
“You need to buy health insurance for that dog”, my father said to me when my Rottweiler broke a window while chasing the neighbor’s cat. Cat escaped, Rottie unharmed, and I had to pay for the new window. Previously my dog broke her doggie elbow in an accident, had to have a tooth pulled under anesthetic, and had to be treated (a number of times) for hot spots. While I didn’t begrudge paying the vet, and none was a big sum, I did realize the wisdom of my father’s remark.
The Pet Insurance industry is one of the fastest growing segments of the Pet industry. There are different types of policies, tailored to fit the different needs of pets. Dogs are the biggest part of the market, followed by cats and other pets. Dog insurance depends on the breed and age of the dog.
So what are the benefits of Pet Insurance?
1. It will give you peace of mind and a happy, healthy pet
You care for your pet, and wouldn't want to have to choose between paying thousands for expensive medical treatment, or have your pet put down. With pet insurance you have peace of mind and your pet can have the best possible treatment if it’s needed. The result is a longer, healthier life together. What’s not to like about that?
2. It helps you to budget
Accidents happen, dogs, cats or other pets get sick. And the bill can be huge. When you have pet insurance, you can budget for the monthly, or annual, premium. It brings certainty to your finances. And you don’t have to dip into your savings when there’s a medical emergency.
3. You’ll be able to afford unforeseen medical expenses.
Medical advances mean that injured or sick pets can now be treated with sophisticated procedures and medicines - but that costs money. A huge, unforeseen vet bill can put a massive dent in your savings. Or worse, your pet may have to be put to sleep if you can’t afford the expense. But when your pet is insured you know that if something should happen to it, you’ll be able to afford the treatment.
4. You can choose the best treatment for your pet
Pet insurance allows you to choose where you want to have your dog or pet treated. You’re not limited to a specific vet or clinic. So you can look around to find the best treatment for your pet.
5. It may be able to cover other pet-related expenses
Some Pet Insurance policies help you to offer a reward to the person who finds your lost or stolen pet. It may also cover legal expenses if your dog causes damage or injury to a third party, and may cover boarding costs if you’re hospitalized.
Pet Health Insurance is like any other insurance – you ask yourself if you really, really need it – until the day when you really do need it.
We care for our pets, they’re part of our lives. But a sudden, unexpected medical expense can put strain on our finances and even on relationships within the family. Most people have insurance for a number of things – home, car, household stuff, medical expenses, etc. - adding your pet to the list may be a smart thing to do.
“You need to buy health insurance for that dog”, my father said to me when my Rottweiler broke a window while chasing the neighbor’s cat. Cat escaped, Rottie unharmed, and I had to pay for the new window. Previously my dog broke her doggie elbow in an accident, had to have a tooth pulled under anesthetic, and had to be treated (a number of times) for hot spots. While I didn’t begrudge paying the vet, and none was a big sum, I did realize the wisdom of my father’s remark.
The Pet Insurance industry is one of the fastest growing segments of the Pet industry. There are different types of policies, tailored to fit the different needs of pets. Dogs are the biggest part of the market, followed by cats and other pets. Dog insurance depends on the breed and age of the dog.
So what are the benefits of Pet Insurance?
1. It will give you peace of mind and a happy, healthy pet
You care for your pet, and wouldn't want to have to choose between paying thousands for expensive medical treatment, or have your pet put down. With pet insurance you have peace of mind and your pet can have the best possible treatment if it’s needed. The result is a longer, healthier life together. What’s not to like about that?
2. It helps you to budget
Accidents happen, dogs, cats or other pets get sick. And the bill can be huge. When you have pet insurance, you can budget for the monthly, or annual, premium. It brings certainty to your finances. And you don’t have to dip into your savings when there’s a medical emergency.
3. You’ll be able to afford unforeseen medical expenses.
Medical advances mean that injured or sick pets can now be treated with sophisticated procedures and medicines - but that costs money. A huge, unforeseen vet bill can put a massive dent in your savings. Or worse, your pet may have to be put to sleep if you can’t afford the expense. But when your pet is insured you know that if something should happen to it, you’ll be able to afford the treatment.
4. You can choose the best treatment for your pet
Pet insurance allows you to choose where you want to have your dog or pet treated. You’re not limited to a specific vet or clinic. So you can look around to find the best treatment for your pet.
5. It may be able to cover other pet-related expenses
Some Pet Insurance policies help you to offer a reward to the person who finds your lost or stolen pet. It may also cover legal expenses if your dog causes damage or injury to a third party, and may cover boarding costs if you’re hospitalized.
Pet Health Insurance is like any other insurance – you ask yourself if you really, really need it – until the day when you really do need it.