As we all know, families rely heavily on health insurance to mitigate the expenses associated with check-ups, medicines, and unforeseen accidents, but it’s important to note that pet coverage is able to provide many of the same benefits for our furrier family members, not to mention the fact that it tends to be very affordable as well.
So if you’ve never taken a closer look at the benefits associated with purchasing pet insurance for your beloved animal, feel free to use this brief exposé as an introductory guide.
The Cold, Hard Facts
Although pet coverage has yet to permeate the cultural zeitgeist, it’s worth mentioning the fact that there are over 25 million pets in Australia and almost 65% of households cater to domesticated animals. This is why it’s imperative for you understand the expenses associated with caring for an ailing pet – an inevitability we will all have to face one day:
- Cancer treatments can cost up to $5,000 in out-of-pocket fees.
- Torn ACLs cost approximately $3,300.
- The removal of a swallowed foreign object can run up to $2,000, depending on the extent and severity of the incident.
- Treatment for ulcers, parasites, and kidney infections cost about $900.
- Managing urinary tract infections and bladder stones can total up to $600.
Therefore, even if your beloved pet seems to be healthy, there is a high likelihood that he or she will eventually develop a life-threatening condition or succumb to a physical accident, both of which can decimate your financial situation if you haven’t taken the proper steps to insulate your budget.
Pet Coverage Is Essentially a Comprehensive Protection Plan
The best way to avoid budget-busting veterinary bills is to establish a personalised coverage plan for your animal. With this notion in mind, your local pet insurer can cover all of the following aspects without forcing you to tear a hole through your wallet along the way:
- Accidental injuries
- Emergency boarding
- Unforeseen illnesses
- Routine care, including vaccinations, deworming, and the like
- Tick-related conditions
- Injuries or accidents sustained during international travels
- Required surgeries
- Prescribed medicines
- And much more
With a tailored pet coverage plan in place, you’ll be able to pay a reasonable monthly premium and significantly reduce the expenses associated with veterinary care, medicinal treatments, and emergency healthcare. Best of all, you’ll still be able to choose any licensed veterinarian in Australia, which means you won’t have to switch providers just to access your coverage benefits.
The Most Reputable Insurers Provide Coverage for Older Pets
Your pet can be insured starting from eight weeks of age, and you are highly advised to purchase major medical coverage for your animal prior to his or her ninth birthday, but there is no upper age limit for accident coverage.
This is why it’s in your best interests to fill out an application and implement the proper insurance plan for your companion as soon as possible. It’s the one thing you won’t be able to buy when you need it most.