It is nice to have a pet and to be a pet lover, as this gives you companionship and great friendship, especially if you are lonely. But do you know why it is important to have pet insurance? Technically speaking, pet insurance insures you against huge bills, while ensuring that your pet gets timely and better healthcare. These are some of the areas that pet insurance would usually cover: Dental treatment due to accident or illness. Non-surgical treatment.
What does it cover typically?
These are some of the areas that pet insurance would usually cover:
- Dental treatment due to accident or illness
- Non-surgical treatment
- Surgical treatment
- Post-surgery treatment
- Room and board fees
- Cancer treatment
- Chemotherapy
- Accidental death
- Final expenses – includes expenses for euthanasia, pet cremation services, funeral service, and other applicable charges following the death of the pet
- Third-party liability
- Loss of pet due to theft
What are the factors to consider in getting it?
- Accidents
If your pet is prone to accidents, it may incur huge medical bills that can be offset with insurance.
- Age
Just like humans, dogs are more prone to illnesses as they age. These conditions can be expensive to treat and getting the coverage your pet needs may help you to cover some costs.
- Aggressiveness
Some pets tend to be aggressive and are likely to cause harm to another person, pet, or property. In such cases, pet owners should look out for the presence and maximum pay-out of 3rd party liabilities in their insurance policies.
- Breed
Certain pet breeds are more susceptible to certain illnesses. For example, German Shepherds are prone to musculoskeletal disorders, such as hip dysplasia. If not discovered early, insurance will come in handy to offset the treatment costs.
- Medical History
Check the medical history of your pet. If it is unknown or complicated, health issues may start to surface in the future; it might be wise to get insurance.
- The Tendency of Getting Lost
If your pet tends to wander out of the house, it’s more likely to go missing and get stolen. You may want to consider a policy that’ll give you a pay-out for the loss of a pet due to theft.
What’s the best pet insurance you can get?
We here at Insurance Market Singapore are now introducing to you our very own pet insurance policy called the Insurance Market PetCare by Liberty Insurance!
The Insurance Market PetCare comes in 2 awesome policies: The PetCare Exclusive Plus and The PetCare Exclusive.
What’s the difference between the two?
The Insurance Market PetCare Exclusive Plus is priced for only S$1,488 for year one and has the following coverage:
- Death of pet – S$10,000
- Vet Expenses – up to S$7,000 (S$50 excess)
- Annual Vet Expenses Claim Limit – S$7,000
- Third-Party Liability – S$1,500,000 (S$500 excess)
- Theft of pet – S$3,000
- Non-surgical expenses – up to S$5,000 (50% co-pay)
- Surgical Expenses – up to S$20,000 (30% co-pay)
As for the Insurance Market PetCare Exclusive, it is priced for only S$984 for year one, and has these amazing coverage for your pet:
- Death of pet – S$5,000
- Vet Expenses – up to S$5,000 (S$50 excess)
- Annual Vet Expenses Claim Limit – S$5,000
- Third-party Liability – S$1,000,000 (S$500 excess)
- Theft of pet – S$2,000
- Non-surgical expenses – up to S$4,000 (50% co-pay)
- Surgical Expenses – up to S$15,000 (30% co-pay)
Honestly, we did not think the available policies that we have stated above are comprehensive enough, all we know is that these comprehensive covers are what sets us apart. So if you are a pet lover or a pet owner, it is a must that you get those lovely pets of your covered with an insurance policy! Do it today by getting an Insurance Market PetCare Plan!
Insurance Market is a marketplace where we are serious about insurance and where professional parties come together to transact insurance only in the best and most responsible manner. Insurance Market offers a wide range of general insurance products (such as travel insurance, maid insurance, pet insurance, and more) online and life insurance through personal advice from our qualified brokers. Please contact us at [email protected] or +65 69081811 if you have any questions.
