Whether you own a dog, cat, parrot or any other animal, you invariably have to take them to a veterinarian, on a regular basis. While, there are a variety of pet insurance policies, it is wise to choose the type of insurance which is right for you and your pet companion. There are mainly three types of pet insurance available.
This is most similar to human health insurance where you choose from a list of plans wherein all the provisions are set. The coverage under traditional plans includes accidents, illnesses as well as preventive care in some cases.
There are three levels of coverage under traditional health insurance:
These plans offer a set percentage discount for veterinary services and some supplies from listed vets only.
Similar to traditional pet insurance the only differentiating factor being that here you are allowed to choose the level of coverage and in some cases you can choose what is actually included under the plan.
These cover only accidents and don’t provide coverage for illnesses or preventive treatment.
Besides regular health insurance there are other types of insurance protection available for pets too.
This coverage is mainly designed to insure the lives of valuable / exotic animals and reimburses the owners in case the pet is stolen or in case of death or any other covered event. This type of insurance is usually purchased by zoos or owners of prize winning animals.
This type of insurance also provides coverage for pet owners in terms of: