How Do You Know If Your Pet Insurance is the Best Pet Insurance

October 18 2013

Insurance is the kind of product that you need to have just in case, but that you hope you never have to actually use. Because of this, it is hard to know how ‘good’ your insurer is unless you have had to make a claim.

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Insurance is the kind of product that you need to have just in case, but that

you hope you never have to actually use. Because of this, it is hard to know

how ‘good’ your insurer is unless you have had to make a claim. So, in

regard to pet insurance, how do you know if your pet insurance is the best

pet insurance? The best pet insurance is one that will pay out on claims that

are just and fair, keep you up to date with policy and price changes and stay

nimble on the market space. But how

can you tell if your pet insurance is

the best pet insurance, without

knowing the ins and outs of the

finance and insurance industry in

your country?

Does your pet insurance provider offer to pay claims

directly to the vet?

© 2013 Petplan.com.au. All rights reserved.

If you pet insurance company is the best pet insurance company, then you

will find that they are able to pay claims directly to your veterinarian. You

Veterinarian will have to agree to this, and it is generally not automatic, but

if they have the option, then that means they are respected in the industry.

Does your pet insurance provider offer ‘Covered for

Life’ options?

Most pet insurance companies only offer a 12 month policy that covers

your pets for unexpected injury or illness in the 12 month period. After the

12 month period, that incident will become “pre-existing” and then you will

need pay for it if there are any additional costs. A covered for life policy will

cover anything that occurs after you take out the policy, as long as you

renew it every year. Basically having a covered for life option means that

the pet insurance is a best pet insurance company because they have

options that make your pets health care affordable in the long term, which

© 2013 Petplan.com.au. All rights reserved.

means that they are looking to have a long term relationship with you as

their client.

Is your pet insurance provider backed up by a

worldwide insurance/finance giant?

The best pet insurance will be underwritten and backed up by a worldwide

heavyweight. This means that no matter how big or complicated your claim

is, that the company will have the right people (with the right training) to

look after it, a throughout complaints system and plenty of money in the

bank to pay the claims.