Walker Jack Consultants

Pet Insurance Made Simple

Vet’s bills can be expensive; therefore it is financially safer to have a pet insurance plan in place to cover the costs of any necessary treatments.  In addition to medical bills, the insurer may cover any costs incurred as a result of looking for a lost or stolen pet or the costs of looking after a pet if its owner goes into hospital.  This all depends on the type of insurance plan. Often insurers will cover for medical treatments for illness but not for vaccinations.  The cost of neutering is not covered.  Most insurance companies will only cover domestic pets such as cats, dogs and horses, but it is advisable to ask if they will cover your pet. Rare pets such as snakes and reptiles may cost more to insure.

There are two types of pet insurance plans that can be purchased, the first being a limited time plan.  A limited time plan only covers a pet for a certain length of time, such as a year and has to be renewed after this period. The second type is a life long plan, which essentially covers a pet for any illnesses throughout the length of its life.  Illnesses will be more frequent later in life and this will increase the price of the insurance as with human insurance policies. 
 
Insurance companies should be registered with the Financial Services Authority (FSA) so make sure this is the case before choosing where to purchase pet insurance.