If you have a dog or a cat at home, you no doubt treat him or her like one of the family, and just like us humans, animals can get sick and have accidents. One of the first questions that any new pet owner ponders is whether or not to take out some form of insurance for their pet, and with that in mind, here are a few pros and cons connected with insurance for domestic pets.
The Pros of Pet Insurance
Say, for example, that your dog contracted a rare viral disease and the vet tells you the only way to save him is to have a very expensive range of treatments. This is a situation that no pet owner wishes to face, and by taking out emergency pet insurance, the treatment would likely be covered and would cost you a small amount, with the insurance paying the majority. A sudden accident or illness could wipe out your holiday savings, or even worse, put you heavily in debt, and to avoid the risk of this happening, some form of pet insurance is strongly advised.
Comprehensive Pet Insurance Cover
This can help you with vaccinations, emergency treatment, deworming and even puppy training classes, as most all-in pet insurance policies cover a portion of the costs, while you pay a small amount also. The best thing to do is search online for Australia’s number one pet insurer and talk to them about the many options, which will help you to make an informed decision.
The Cons of Pet Insurance
Of course, there is a slight chance that your cat or dog will go through his entire life without ever getting sick or injured, and in such a case, you would not see a return if you took out an annual policy. That said, you certainly wouldn’t take any chances with your kid’s health, so why should you gamble with your pet’s life? It doesn’t cost much to take out pet insurance, and the whole thing can be completed online, giving you instant cover, which will give you peace of mind. If you work it out on average, you will spend less on your pet’s health if you do have pet insurance than if you did not, and in some cases, the insurance is a real life-saver.
Your family pet is most certainly an integral part of the family, and for that reason, he or she deserves some protection in the form of pet insurance, and the premiums are very reasonable, with policies to suit every budget. This safeguards your savings in the event your pet needed serious medical treatment, plus it will help with general health expenses, which you will have to pay.
The vast majority of Australian pet owners do take out pet insurance and when you think about the benefits, it is easy to see why taking out a medical treatment policy is the wise thing to do.