The Four Main Types of Pet Insurance
The different types of insurance can seem confusing, but they’re quite straightforward really. The four you’re likely to come across are:
As you’d imagine, this kind covers your pet if they’re involved in an accident.
Time-limited policies cover accidents or illness over a pre-agreed time period, e.g. 12 months.
This kind of policy allocates a fixed, maximum sum to cover each illness or injury.
Lifetime offers the most comprehensive cover, providing insurance over your pet’s lifetime.
What does pet insurance usually cover?
Make sure you disclose absolutely everything about your pet's past conditions.
A pet insurance policy will be very specific about what is covered, what is excluded, for how long and for how much. It’s a good idea to read over a few policies so you can get an idea of what’s out there. For instance, some insurers offer extras like holiday cancellation insurance, which means you’ll be compensated if you can’t go on holiday due to an unwell pet. This might suit you if you’re a frequent traveller, but might not be necessary for some people.
Insurers usually won’t provide cover for pre-existing conditions. For instance, if your cat has already been diagnosed with kidney disease when you take out your policy, veterinary treatment relating to this condition won’t be covered, but your cat would be covered if they had to have surgery following an accident, for example. Always make sure you disclose everything about your pet’s past conditions to avoid a pet insurance claim being rejected.