You can hope for a life where your pets won’t fall ill or get injured, but it’s unrealistic to expect this. A pet insurance policy protects you from expensive healthcare costs for your pet, with accident & illness providing all-round protection without breaking the bank.
Accident & illness cover can help you manage surprise veterinary bills in the event your pet becomes ill or contracts a disease. This is crucial protection because some conditions can be extremely costly to treat:
|Treatment||Average claim cost *|
|Cataracts (a vision issue)||$449|
|Dermatitis (i.e. a skin condition)||$615|
|Foreign body ingestion||$1,272|
|Urinary tract infection||$582|
* Average claim includes GST, Holland Insurance (2014)
The average cost for accident & illness cover is $35-55 per month on average, according to MoneySmart^. Like any insurance product, an investment on your part will get you serious benefits.
While an accident & illness policy is a great way to cover your bases, there are two other types of pet insurance also available.