The Guide to Protecting Your Life Bubble

Pet Cover & Protection

Types of Pet Insurance

If you are considering buying a pet or have recently bought one, then you will be looking to get insurance.  With so many policies and comparison websites, it can be overwhelming trying to find the best deal for you and your pet.  Pet insurance policies can be broken down into three broad categories: basic annual cover, mid-level cover and high-level cover.  Each one will now be discussed in turn in order to give you the best possible overview before you decide on a policy.

Basic Annual Cover: “per condition, with time limit”

This type of cover tends to be the most inexpensive of the three.  A basic policy of this kind usually covers up to £1000 of veterinary fees within a 12 month period.  So if your pet has a particular condition, you can only claim for a maximum of one year for that condition.  This is typically referred to as “condition in total cover” by many insurers.  If your pet’s condition persists for longer than the 12 month period, then you’ll either need to abandon the care or pay the costs yourself.  It is worth noting that if your pet develops a different condition, then it would also qualify for a new round of care, although insurers will not pay out for the same condition again.  Instead it will be classed as a pre-existing condition.

Mid-Level Cover: “per condition, no time limit”

This type of policy is similar to the previous one in terms of what you can claim back; however there is no time limit for your pet’s treatment.  So, in theory the policy would run for up to a number of years until it is exhausted.  However, if your policy is renewed every year, you may find yourself paying increasingly higher premiums.  As with other policies, you will not be allowed to claim for the same condition again even if you change insurer, although a different condition would qualify for a new round of care.

High Level Cover: “lifetime policies”

This policy is the most expensive of the three discussed, although it does offer the most comprehensive cover.  On average, these policies insure your pet for up to £9000 per year and can also include additional extras such as dental care, and burial expenses.  However, you must be wary of these policies as the word “lifetime” usually refers to cover limits as opposed to the entire life of your pet, and insurers can refuse to renew it.  So it pays to do your research.

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