Pet Insurance

Pet Insurance covers your pet in the event of an accident or death, covering the cost of vet bills and medicine costs.

Pet insurance pays the vet bills that follow expensive pet injury and emergency treatment and help. In fact Pet Insurance has become increasingly popular over the past decade with many linking it to the advancements in medicine, in the veterinary field particular.

Monthly insurance plans are available typically costing between £10-£50 depending on the type of cover, age of the pet and risks involved.

Some policies do not however cover vaccinations and flea and tick control, but you may find some which do.

If your pet is in good health you should get a cheaper policy but it’s always a good idea to cover against accidents that could require expensive emergency treatment.

To help decide whether you need pet insurance it is good to look at cost vs. benefit. Looking at factors such as age, life expectancy, heredity, pre-existing or chronic conditions, and how much you have spent on your pet's health care during the last year.

Many people often decide pet insurance is not needed and pay for veterinary bills out of their own pocket.

You can find pet insurance from many different insurers, online and in the printed media such as newspapers, magazines, flyers, etc...

Most insurers will offer many types of insurance along with pet insurance and some can even give you a deal if you purchase another insurance type with them.

Some people self insure your pet by saving a monthly amount instead of paying for an insurance policy. If your pet needs treatment, then you will have the savings to pay for it. If you don't, the money just adds up and is always yours, it can even make you some interest in the right bank account.

Your own self made insurance should only be considered in limited situations and for pets that are unlikely to cause injury to others which could result in expensive legal action. If your dog for example injures another pet or person you could have to fork out the medical bills for the victim involved and then face the possibility of legal action and get taken to court due to your pet.

You should most definitely think about the following when taking out the insurance:

The Price

Different insurers have different prices, so always get a quote for your specific needs.

Policy Excess

The excess is the amount that you have to pay each time you have to, choosing a cheaper policy with a higher excess could actually end up losing you money.

Length of Cover

The length the policy is for. Beware of some “lifetime cover” and always read the small print

Benefits

Some companies offer different and better benefits depending on the individual you may find one company better than another.

Small Print

Look out for loopholes and hidden fees in your policy.