Pet insurance is a healthcare policy for your pet that reimburses you for certain medical expenses. This protects you against the risk of paying high medical care fees, or even worse, having to put your pet down because you cannot afford surgery. This type of insurance can be a lifesaver in the case of unexpected events such as accidents or illness. It is worth remembering that not all illnesses are covered by pet health insurance plans, so you should be clear about your requirements from the outset. What are your pet's specific needs? Always read the fine print on your plan before you sign any agreement.
Generally speaking travel insurance covers you against any cost or losses if something goes wrong while you’re on holiday. So no matter if you’re travelling abroad or in Ireland, travel insurance will help you in case your plans are disrupted – if your accommodation gets cancelled, if you injure yourself or in case your possessions are stolen, lost or damaged. In most cases travel insurance reimburses you for your covered financial losses after you file a claim and the claim is approved.
In general, companies have an initial no claims period between when you purchase your policy and when the coverage begins in order to prevent owners of pets with pre-exisiting diseases taking out insurance.
As a rule, insurers will require your pet to get a check-up before your coverage commences in order to establish if there are any pre-existing conditions. For accident coverage, the initial no claims period is usually a few days.
Through paying your premium, you can get most medical costs reimbursed (some illnesses such as hip dysplasia, and pre-existing conditions tend to be excluded). Most pet health insurance plans are paid on a monthly basis and cost approximately a few hundred euros a year.
As with ordinary health insurance, the policyholder pays a small proportion of the bill and the insurance company pays the remainder. It is worth mentioning, however, that in the case of pet insurance the policyholder must pay out of pocket expenses first and then file a claim afterwards. The Insurer will evaluate your claim and, if approved, either directly reimburse the funds to your bank account or send a cheque in the mail.
Most pet insurance policies will cover vet fees, including complementary treatment like acupuncture; death of your pet through illness or injury; loss through theft or straying; Third party liability (Dogs only). You may also be covered for emergency boarding, taking your pet abroad and holiday cancellation if your pet falls ill or is injured.
There's no universally cheaper pet insurance and coverage costs and plan parameters vary widely. However there are options for finding an affordable policy that won't leave you struggling financially. Bear in mind that the cheapest policy is not always the one that ultimately offers the best value for money and that the best companies are the providers who offer sufficient cover at a price you can afford.
Before signing up a new deal, it is advisable that you search all of the cover options that pet insurance offers, so that you can purchase an insurance policy that really meets your pet's needs; this way, you can be confident that if something happens to your pet, it is fully protected.
Make a smart decision today. Log on to InsuranceDeals.ie. to compare the quotes and find the company and the policy that's right for you. We have partnered with leading insurance providers in Ireland to better serve you. We are here to help you find the insurer that offers the best cover to match your needs at competitive prices.
Absolutely! Pet insurance is a safe way to help protect you against unexpected costs related to your pet. No-one is free from unexpected illnes or acidentes however the main reason you need to have pet insurance is to cover unexpected veterinary bills.
The best insurer is one that matches your needs. You need to choose the one that meets your specific demands regarding cover, benefits, service, underwriting, claims, add ons and price.
In other words, the best company is one that in addition to the basic guarantees, offers you the option to include additional services and cover and one that fulfills the role of providing financial protection (refund) and assistance for you in the event of a claim.
To find the insurer that offers the best cover to match your demands at competitive prices - log on to our website - InsuranceDeals.ie. We gather information on all insurers and insurance products available in the market. We have also partnered with leading insurance providers in Ireland. Get the best travel insurance policies and save money by changing today!
In most cases yes however it is impossible to predict how much an individual premium is going to increase each year as individual insurers consider a range factors when setting their prices.
Insurance costs increase on an annual basis. In addition to this, veterinary treatments are continuously improving and advancing; these treatments come at a cost which inevitably have an impact on pet insurance premiums. Further factors that contribute to the rise in the price of pet insurance include the following:
Unlike other types of insurance, such as life insurance, it is only after you have paid the vet and provided the documents required by the company that you can file a claim with your insurer to be reimbursed.
With regard to your potential pet insurance claim, each company has its own unique procedure but in general, the steps that you need to undertake in order to make a successful claim are as follows:
Some insurers set a time limit on making a claim, such as 31 days from your vet telling you that treatment is needed, or no longer than 60 days after treatment starts. Therefore, the sooner you start the claims process, the quicker your insurer can pay out.
This will depend on the coverage you opted for when you purchased your insurance but in general the main pet insurance claims relate to vet fees, death of your pet from illness or injury, theft of your pet or straying and third party liability.
Pet insurance is vital as pet insurance helps cover the cost of veterinary care if your pet becomes ill or injured. Some plans also provide reimbursement for other procedures such as vaccinations, heartworm testing and spaying/neutering. It is extremely important for you to obtain the cover that best suits your pet’s needs, in order to be confident that in the event of an accident or illness, it will be covered by your plan.
The Irish insurance market is a privatised industry. Therefore, to insure your pet you need to purchase a policy and pay the premium. All types of businesses are based on the principle of mutuality; this means that in exchange for you paying a premium, your insurance company agrees to cover your losses.
Public insurance plans are plans provided by the government for low-income individuals or families, the elderly, and other individuals that qualify for special subsidies. Private insurance refers to plans provided by private companies. In other words, it is necessary to purchase a policy and pay the Premium to get coverage.