Pet Insurance Basics

Pet health insurance helps you afford your veterinary bills whole year and helps to avoid a tough financial decision about your dog's or cat's health. Find below are the most important basics about pet insurance:

What is Pet Insurance?

Pet insurance is basically a tool to help you afford the financial costs for quality veterinary and prescription care. We understand that pets are family and we help to keep your dog or cat Happy, Healthy and Protected. We help you avoid a tough decision between your pet's well-being and your personal finances.

What is Co-Insurance?

Co-Insurance is the agreement between the insured (you) and the insurer (us), and means that you as pet owner will cover a percentage of the cost and the deductible has been paid. Check your selected coverage for more information or contact a sales agent at 1 (800) 935-7280.

Why do I need Pet Insurance?

More treatment options become available for your dogs and cats as veterinary care costs rise rapidly. Thanks to pet health insurance you can count on financial support of a pet insurance provider to help you give your dogs and cats the best possible care depending on the coverage plan level you´ve selected for your dog or cat.

When is the perfect time to get Pet Insurance?

Enroll your dog or cat into a pet insurance coverage plan from 8 weeks old. Whether your cherished pet is eight weeks old or five years old, even the youngest or oldest dog or cat can require unforeseen medical attention. Pet Health Insurance can be a safety net for unexpected expenses and can also include coverage for routine pet health care, including vaccinations, regular laboratory tests and dental care. Pet health conditions that are prone to young dogs and cats, such as ear infections or upper respiratory infections, may be covered as well.

How much is pet insurance?

Pet insurance has many factors that can make your premium higher or lower. The factors that affect the cost of pet insurance premiums are species, breed, location, deductible, and co-insurance.

How does Pet Insurance works?

Pet insurance coverage plans help cover the expenses of unexpected illnesses or accidents in case anything happens to your dog or cat. Pet Insurance helps pet owners provide the best medical treatment with less worry about cost. These plans do not cover health conditions that occur prior to the effective date of the plan, and it’s best to insure your pet as early as possible so future illnesses and accidents may be covered.

Which are the Pet Insurance benefits?

The benefits of pet health insurance are numerous. It is important to take care of your pet's routine veterinary care and to keep veterinary check-ups up to date. Remember, minor conditions can turn into major conditions if not addressed immediately. Although pet health insurance typically helps to protect your dogs and cats in case of accidents and illnesses, it doesn't have to be for unexpected situations only. Optimal wellness care is important to keep your dog or cat healthy and happy. Regular and routine veterinary visits can help good pet health over the pet’s lifetime. Having an insurance policy with illness coverage could mean not having to put off necessary care for a pet. We have incident limits and exclusions.

What is Dog Insurance?

Dog insurance covers a range of medical expenses for covered accidents or illness. The most basic plans normally cover hospitalization or other emergency treatments. From there, dog owners are able to choose different add on’s, such as optional wellness coverage.

What is Cat Insurance?

Cat insurance can help you afford necessary veterinary care for felines only. Cats love to explore their new surroundings and establishing boundaries which makes them prone to accidents.

What does it cost?

We work hard to make our pet insurance as affordable as possible with monthly, quarterly, semi-annually and annual payment options. Your cost will depend on factors like the level of coverage you choose, the pet´s breed and age. Find out what your pet insurance premium would be, get a free quote now.

Is Pet Insurance Worth It?

Yes! Whichever level plan you choose pet insurance plans share the financial risk associated with healthcare. The reimbursement level can vary from plan to plan. In exchange for your premium payment the pet insurance plan reimburses some of the costs associated with veterinarian care according to the plans guidelines. Not every dog or cat will suffer from an expensive illness or injury, but we all know that unexpected illnesses and accidents do happen.

What does Pet Insurance cover?

Pet insurance typically protects pets in case of certain accidents or illnesses. We believe wellness care is important to help keep your pet happy, healthy, and protected. We offer four plan levels to fit a variety of needs and budgets. Explore PetPremium's coverage to learn more about the diverse plan options we offer.

Which pet is or can be insured?

Dog or cat described on the declarations page that you own and/or that resides with you.

What is an Administrator?

The company administering the policy.

What is an Alternative Therapy?

Treatment or medication that does not generally fall within the realm of conventional veterinary medicine including but not limited to the following types of therapy: acupuncture, chiropractic, holistic, homeopathic, hydrotherapy, physiotherapy or rehabilitative.

What is a Behavioral Problem?

A condition, either social or medical, that results from your pet’s action, inaction, or temperament that is abnormal, dysfunctional, or unusual, such as but not limited to aggression, excessive chewing or licking, or separation anxiety. Learn more about other common behavior problems here.

What is a Behavioral Therapy?

Prescription medication, treatment, training, or behavioral modification training aide(s) that is used to treat a behavioral problem.

What is a Conformational Defect?

Any abnormality in your pet’s physical form or structure.

What is an Injury?

Bodily harm caused by an Accident while this policy is in force.

What is a Symptom?

Any change in Your pet’s state of health, normal function, behavior or appearance. Visit our Symptoms Checker for more information.

What is a Treatment?

Care that Your veterinarian administers. This includes but is not limited to anesthesia, consultations, examinations, hospitalization, laboratory tests, nursing, MRI or CT scans, surgery and X-rays.

What is an Incident Limit?

This is the maximum amount you'll be reimbursed for a single accident or illness during the policy period. Maximum amount payable during the policy period for all covered expenses that result from one incident.

What is considered an Accident?

A sudden, unexpected or unintended action or event with a specific time and place that results in Injury to your pet. Accident protection is at the heart of our coverage and includes treatment for broken bones, burns, swallowed objects, poison ingestion, and more.

What is a Condition?

Illness, disease, injury or change to your pet’s health that may or may not show symptoms or have been diagnosed (including but not limited to diagnosed or un-diagnosed pre-existing, hereditary or congenital conditions). Visit our health conditions library!

What is a Bilateral Condition?

A bilateral condition is a condition that can occur on both sides of your dog´s or cat´s body, including hip dysplasia, cruciate injuries and kidney problems. Even if, the condition does not occur on both sides of the pet´s body at the same time, it may be considered bilateral if the same problem eventually arises on the other side of the body.

What are pre-existing conditions?

Pre-existing conditions are conditions that show symptoms prior to a plan’s effective or re-issuance date or within a waiting period. This includes conditions that have not yet been clearly diagnosed or treated with medication. Illness, disease, injury or change to Your Pet’s health which first occurs or shows symptoms: a) before coverage is effective b) during a waiting period c) before the current policy period.This includes conditions that are related to, secondary or, resultant from a pre-existing condition.

Are pre-existing conditions covered?

We don’t cover pre-existing conditions to keep premiums lower. If a pre-existing condition is curable and 180 days have passed since its cure and last treatment, it may become eligible for coverage.

What are ongoing conditions

These are conditions that occur in one plan period and need care after your plan is reissued each year. Ongoing conditions that are curable may be covered in the future if 180 days pass after cure and last treatment. Additionally, Continuing Care is extra coverage for ongoing conditions.

Are ongoing conditions covered?

All of our plans come with Continuing Care, if your pet is eligible, to cover ongoing conditions. These are conditions that need care across multiple plan periods such as allergies, diabetes or cancer. To give you more details on our Continuing Care Endorsement, you can best contact our team of experts at 1 (800) 935-7280. Or I can setup a follow up for you with one of our expert agents? What day and time will work best for you?

What is a Hereditary, Genetic, or Congenital Condition?

Any illness, defect, disorder or disease that is present from birth, inherited by your pet or to which your pet is predisposed through hereditary or genetic factors. A list of these conditions is available upon request. Hereditary and congenital conditions are diseases or disorders pets may be born with or are predisposed to getting though their breed. Some examples are hip dysplasia, cherry eye and cardiomyopathy. There is a six month waiting period after your plan takes effect. Separate limits apply. A congenital condition is one that is considered a birth defect or a defect in growth development. A hereditary condition is one that may have been passed down from an animal’s parents or through the breed. Both congenital and hereditary conditions can show symptoms at any time during a pet’s life. Explore PetPremium’s coverage for more details about options available to you.

What is Preventative Medicine?

The best health care catches health problems before they become a serious issue. When making a pet insurance comparison, check to see if routine annual physicals are covered. The coverage increases the likelihood the owner will take the pet in for its checkup. This can increase the dog or cat’s general health and possibly even increase the animal’s life span. The goal of preventive medicine is to protect and maintain your pet´s health and wel-being and to prevent pet health condition.

What is a Deductible?

A deductible is the amount of money you must pay toward your pet’s covered medical expenses per year before your insurance company will begin reimbursing you. By choosing a plan with a high deductible you can save money on premiums.

What is a Co-pay?

A co-pay is the percentage of your pet’s veterinary bill for which you are responsible. By choosing a plan with a high co-pay to save money on premiums, you are agreeing to pay more each time your pet requires veterinary care.

How to Review Pet Insurance Plans?

If you have never looked at pet insurance policies before it can be it can be tricky figuring out how to go about a pet insurance review. Compare pet insurance and pick the one that is the best for your pet by following these steps: Compare Insurance Policy, Look at the Insurance Exclusions and Terms in the Coverage and Select your Pet Insurance Plan.

Where can I reach a sales agent?

You can contact our team of experts at 1 (800) 935-7280, for any help or getting a quote.

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