Wednesday, January 11, 2012

Choosing the Right Pet Insurance

20 Questions to Help You Choose an Insurance Provider

Health costs are rising for people and pets alike. To help combat the increasing costs having a quality insurance policy is very important. Through the years pet insurance has improved and is quite an attractive option for pet owners nowadays. Many of the policies provide decent coverage for routine examinations, vaccinations and typical procedures. However, where it can be quite useful when your pet may suffer a catastrophic illness or injury. Some policies do offer reasonable reimbursements. However, if you do commit to pet health insurance I would recommend purchasing it when the pet is still young as it may be difficult or very costly to cover an older pet. In addition, there may be preexisting conditions in an older pet which may disqualify it for certain coverages.

Which insurance company should you select? There are many companies to choose from and what degree of coverage would you like? It can be quite difficult to sift through all the legal jargon included in many pet insurance informational packets. After you do some research online and find a few companies you might like to work with, it is then time to dig deeper. Use this list of questions to find the level of care that is just right for you and your pet.

  1. Is the company licensed in your state? Which of their policies is available in your state?
  2. Does the company have a good reputation?  What do the Better Business Bureau or other independent organizations say about it? How long has the company been around?
  3. Are the policies and information provided reasonably easy to understand? Are the people you talk to knowledgeable and helpful?
  4. Does the company offer customer service during reasonable hours?
  5. Can you see any veterinarian you want?
  6. Have premiums increased over the past few years? If so, by how much?
  7. What happens to coverage and premiums as your pet gets older?
  8. Are there any reasons you would not be able to renew your policy?
  9. What type of coverage and co-insurance does the policy require?
  10. Is there a "usual and customary charges" clause? How are those limits determined?
  11. What kinds of care are excluded or limited? Are congenital or hereditary diseases covered?What about cancer? Is dental care covered?
  12. Are conditions diagnosed within one year excluded as preexisting conditions the next?
  13. Are benefits available for wellness or preventative care for your pet?
  14. Can you choose a deductible? Can you change a deductible from year to year? Is the deductible annual or is it applied to each medical incident?
  15. Are the waiting periods before coverage begins reasonable?
  16. Is there a maximum age for enrollment?
  17. Are there limits per incident, per year, per lifetime, or per body system? What are those limits?
  18. Is a physical examination required for enrollment or renewal?
  19. How quickly are claims processed and paid?
  20. Are there any billing fees or discounts?
Do not be reluctant to ask these questions when you are deciding which company to go with for pet insurance. You need to make the best decision for you and your pet. Ask fellow pet owners who have or have had insurance and the experiences they had, as well as any recommendations. Also ask your veterinarian for their recommendations as well.

The list of 20 questions was provided in an article in a veterinary publication.




14 comments:

  1. I found your article to be thought provoking and you also raise many good things to consider. I'm glad I came across this website and saw your article. It helped me out with a paper I had to write for a class I'm taking for my major at my university. I will be citing you as a source. Thanks for the great article.

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  2. This is really a comprehensive note which will be very helpful for the pet lovers. Yes true, if you can insure yourself and your near ones, why not opt for a pet insurance? It not only saves you the cost, but also saves your beloved creature. And for those pets whom you take out in your cars, make sure that your respective auto insurance policies cover them as well. What if you get involved in accident?

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  3. It can be quite difficult to sift through all the legal jargon included in many pet insurance informational packets.car accident lawyer After you do some research online and find a few companies you might like to work with, it is then time to dig deeper.

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  4. Choosing a pet insurance is not like choosing designer dog collars. A pet insurance is good for those who maintain kennels for pets that are of pure breed as well as those who appear on movies. And these questions will be helpful in trying to decide which one offers the best.

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  5. With the costs of pets nowadays, it is quite normal for any owner to get animal insurance, especially if the pet had been instrumental in their business like the police and guard dogs. While insurance is important, one of equally important consideration is contact with a credible veterinarian for anytime of the year pet illness.

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  6. Now, if you have considered and can afford the pet insurance, you might as well consider leaving your pet a pet boarding place for extended out-of-town or out-of-the country trips. They would be best cared for with such professional facilities.

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  7. I didn't even know that a pet has also an insurance. Now I know it, I am now finding the best pet insurance that can help me if my pet has a sick. So that those expenses will not be hard for me to pay it.

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