Introduction
We love our pets and want them to live with us for a long time but often times, they are more prone to get sick either by natural causes or by accident. Pet Plan Insurance is similar to human insurance. Getting pet insurance for your cat is always a safe option for all pet owners because it lessens the financial burden when they fall sick or get into any unfortunate accidents. When your pet is insured, the owners will not have to pay the full amount of the veterinary bills if they are eligible for coverages.
Getting insurance is also a bonus as it can add more years of time with your four-legged furry friend. In short, getting your pet insured when they are young is always the best option in order to not miss out on routine check-ups and so on. This only becomes hard when they grow old and have little to fewer chances of getting treated on time.
How does Cat Insurance work?
Pet Insurance for your Cat can be done easily without much difficulty now. You can visit any website of pet Insurance Companies and register your cat and yourself.
Premium Payments
With Cat Insurance, you can make premium payments each month. Note that, there will be insurance companies that offer different types of coverage plans. Therefore, you should choose the coverage plans best suited for your budget. One can take out the insurance amount when you have to pay bills to the Vet.
You can directly pay it yourself and later on request the Insurance Company to reimburse the amount; or have the company pay directly to the vet’s clinic.
Traditional Insurance
As it is with any traditional insurance policy, customer needs to pay a deductible and a percentage of the bill. The insurer also sets a limit on the total amount it will pay out.
The cost of getting pet insurance for a cat differs from company to company and as such, it may range from approximately $10 to $80 per month.
Coverage of Accidental Injuries
One of the cheapest cat insurance plans includes the coverage of injuries that are caused by accidents. And, the price of it starts from around $10 to over $20 per month. This type of plan is a great option for healthy cats and the insurance can be taken out only if and when such an unfortunate accident occurs.
Coverage of both Illnesses and Accidents
On the other hand, there are pet coverage plans that covers both illnesses and accidents. These costs may vary between $20 to $40 per month these types of plans are comprehensive and covers everything from minor infections to major health issues like cancers and any other unforeseen accidents.
While insuring your cat, keep in mind the other basic features of coverage plans. For instance: how high is the deductible, the level of reimbursement and the annual maximum limit and so on. Keep in mind that, the best coverage plan will always be the one that reflects your budget!
Tips on how to get the best pet insurance for your cats in the United States!
Getting pet insurance is never easy. And just like how we carefully pick insurance plans for ourselves, the same goes for pet insurance as well. In today’s world, it has become normal to get insurance for our pets. The most common pets are of course dogs and cats and there are many insurance companies that specifically caters to dogs and cats.
The coverage policies varies and so there will be some plans that covers only illnesses and not accidents and vice versa and may even include various other criteria like age limit, preexisting health conditions and so on. While this is rare, there are companies that offers coverage for routine check- ups, grooming sessions and etc.
Check the eligibility of your pet
To get pet insurance for your cat, it is important that you first check whether or not your cat is eligible for coverage. For instance, there are some companies that set an age bar where puppies and kittens should be at least 6 to 10 weeks old to be eligible for coverage. And as such there may also be some companies that does not accept senior cats for insurance. So, it is important that, before going any further, you need to first check the eligibility criteria of your cat!
Decide on the amount of coverage as per your budget
And again this is another important tip. Yes, we get it, you want only the best for your cat! However, that does not mean that you should ignore your financial budget. Getting an insurance plan for your pet is important but it is also important that, you get one that fits your budget best!
Understand the concept of reimbursements and deductibles
This is important if you are going to be taking a pet insurance for your cat. When your pet is insured and is rushed to the vet’s clinic for any sort of treatment, the payment of bills can be done in two ways.
- Firstly, you can pay the bills upfront and request the insurance company to reimburse or refund the total amount you have paid to the vet.
- Secondly, the insurance company will directly pay the total bill to the vet’s clinic.
By deductibles, it means the amount you have to pay yourself before the policy pays. In general, when you opt for a lower deductible with higher reimbursement rate, you will need to pay a higher premium. On the other hand, a higher deductible with lower reimbursement rate, will have you pay a lower premium.
Exclusions and waiting periods
The majority of insurance plans comes with short waiting periods like 14 days, after the policy is purchased. This is applicable for the coverage of general illnesses. On the other hand, there are coverage plans that take longer period of time and this happens for certain serious health conditions of the cat.
Look for any extra costs
This is important because there are some insurance companies that scams their customers by charging additions costs under some random services for your pets! So, the next time you find any tempting service for an extra cost, back out! It is a trap!
Get Upto $3,000 Funds For Your Pets With Pawp Emergency Fund!
Compare quotes with other Insurance Companies
This is a classic but necessary tip. Before you finalize on an insurance company and the coverage plan make sure that, you compare quotes with other insurance companies. This is because the cost of insurance differs by carrier and the amount of coverage.
You will find some companies that offers attractive discounts and as such you may be able to save money by availing on those deals. Remember to make fair comparisons with features like, the costs of coverage plans, deductibles and reimbursement limits.
