What most Australians look for in a pet insurance policy is financial protection from surprise costs; the means in which to keep their pets healthy and active – no matter the situation. We’re eager to help you find such a product, which is why we’re happy to explain the key features to watch for when comparing cover.
Serious injuries and healthcare conditions occur all the time. Not only are these difficult to plan for, but they can also be devastatingly expensive to fix.
Dogs Life Magazine asked one insurer what the most expensive pet treatments were in Australia, as of 2015:
Paying for these expenses out of pocket would send the budgets of many families into cardiac arrest. Happily, it’s less of an issue if you have accident & illness cover. On average, pet insurance costs as little as $20 a month for accident only cover, according to ASIC^– a small sum in comparison.
You should expect quite a few expenses in the first year of pet ownership. You’ll need to fork out cash for things like micro-chipping, vaccinations, and perhaps even behavioural training. Low-level pet insurance may not necessarily cover these costs, but a comprehensive policy might (albeit, only a portion of it).
As your pet gets older, It makes sense to get pet insurance to help pay for regular treatments. RSPCA put together a list of the most common ongoing costs of owning a cat or dog. In it, they reveal that an annual health check costs between $80 and $90, and flea/worming treatments could be anywhere between $100 and $150. Routine care can contribute to some of these costs.
Many Australians struggle with the finer details of insurance policies, which can be dangerous if misunderstood. Before you sign on the dotted line (so to speak), ask yourself the following questions:
Now that you’re armed with the right information, it’s time to find the right cover! The best advice we can give you is to find a policy with an affordable premium (there’s plenty to choose between), and lets you claim back the greatest amount possible following your pet’s treatment.
Want to know more? We’ll fill you in on any relevant pet insurance information.