This one is for all the daddies and mummies of precious furkids. Even cats and dogs are insurable, as long as they fall between a minimum age (e.g. six months) and maximum age (e.g. 9 years old). If you’ve had your furkid for a while, you’ll know that vets can be very expensive, so insurance will help with some of that. For pet-specific policies, other events that may be covered include:
Depending on the policy, some exclusions do apply. For example, non-surgical treatments, preventative care, fees for putting your pet to sleep, and conditions arising from breeding are usually not covered. Some dog breeds are not covered under certain insurance policies as well. Also, it’s worth noting that pet insurance plans tend to follow a coinsurance or deductible model, meaning that the insurance provider will only cover most, but not all, of the fees. This means that you will still have to pay a portion, up to 50%, of the total fees or damages incurred yourself. As such, it’s important to read the terms and conditions of your pets’ insurance plans carefully or ask your insurance agent to explain the terms before paying the premiums.
GENERAL INSURANCE TYPES - PART FOUR. COMPLETED. ✅
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