When we buy a cat or a dog, we know that it won’t be around forever. Dealing with the loss of a pet is just an inescapable part of life, but that doesn't mean they're not worth owning. Dogs and cats can bring endless joy to a family, and you will undoubtedly cherish them just as much as you love everybody else living under your roof. However, if you want to be prepared for any situation, you should consider purchasing pet insurance.
It's easy to assume that the total cost of paying for insurance for years easily dwarfs the amount you'd need to spend on veterinarian fees over the duration of your pet's lifetime, but that's not always the case. For starters, vet fees are rising all across Australia, and some health conditions can be expensive to address.
Plus, you'll be glad to know that there are many pet insurance cover options available, meaning you can find one that suits your requirements and budget. Some premiums only cover vet fees if your pet gets into an accident, but other packages contribute to the costs of routine care. Keep reading below to gain an insight into what the different types of pet insurance cover.
Finding the Right Insurance for Your Needs
It’s not always easy to choose the right insurance premium because some companies will do everything they can to get you to pick the most expensive cover. However, knowing what’s available will help you make an informed decision.
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Accident Cover
As the title suggests, this type of insurance only covers vet fees if your pet sustains an injury as a result of an accident, meaning you'll be subject to pay 100 percent of the costs in situations where your pet gets sick. However, insurers will usually reimburse you up to $8,000 for post-accident care, and you'll only have to pay 20 percent of the vet's fees. The treatments covered under Accident Cover include diagnostic tests, specialist care, surgery, radiology, and more.
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Comprehensive Cover
If you want an insurance package that provides financial help for pet illnesses as well as accidents, you need to purchase Comprehensive Cover, which provides up to $15,000 of benefits annually should you require such a vast amount of cash. The insurer will reimburse up to 80 percent of the vet fees, and you'll have 21 days to cancel the insurance package should you decide it's not right for you.
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Major Medical Cover
Major Medical Cover is the most expensive form of insurance for your pet, but that's because it covers routine care in addition to accidents and illnesses. If you want the very best insurance package for your beloved pet, this is the cover to choose.
Give Your Pet the Care It Deserves
Your pet may be your pride and joy, so you should do everything you can to keep it in a healthy and happy condition. Thanks to pet insurance, you'll never have to utilise all your savings to pay for treatment should your pet require it, and you can secure peace of mind knowing you're prepared for any situation.
