Pet insurance can be a great way of paying for vet bills. You may not be eligible for coverage if your pet has a pre-existing condition. An excellent insurer will assess the health status of your pet before they issue a policy.
A pre-existing condition refers to an injury or illness that occurred before your policy was purchased. After you start coverage, your pet might not show any symptoms. Sometimes, your veterinarian will be able to determine if your pet qualifies for coverage. However, if you wait until the symptoms develop, your coverage may be rescinded or may have to be limited.
Before making a final decision on your pet's insurance, an insurance company will look at their medical history for a few more months. A lot of companies require that you answer many questions. This includes those related to your pet’s past and current health. Some pets will need a full medical exam. This will help you determine the best course of action. It may seem like a hassle but it could save you thousands of money in the long-term.
A fully medically underwritten policy will take into consideration all of the above. This type of policy is a good idea, especially if you have an aging pet with chronic conditions. Lifetime policies can offer a lot of coverage. Many of these policies require annual renewals and you'll need to reapply each calendar year.
A few companies offer pet-centric medical insurance. Although it is more expensive than the standard plan, this can help you save a lot of money. ManyPets is an example of a company that offers comprehensive medical services. This includes treatment for pre-existing diseases. There is even an online portal that allows you to submit claims, track your pet’s progress, and obtain quotes. It allows you to select your own veterinarian which is great if you don’t enjoy your current one.
Another option is to sign your dog or cat up for a yearly wellness plan, which can be more cost-effective than a monthly premium. You can save money on vet visits if your pet is a regular client of a wellness plan.
There are many options available from the best pet insurance companies so you can find the one that suits you. It's a good idea to find out as much about a company's policy as possible, so you'll know what to expect when it comes to your pet's future. Although it may not be easy to get pre-existing medical conditions covered, it is definitely worth the effort. Take good care of your pet to ensure a happy and healthy pet for years.
The veterinary world is a treasure trove of information. Other resources include veterinary charities.