- July 22, 2020
- Posted by: Siham Sheikh
- Category: Insights
We all love our pets and want them to live a long and healthy life. Yet, we also know how unexpected events such as an accident, an illness, or any other pet-related medical situation. With vet visits and medications, pet owners often find themselves spending hundreds of dollars per month on treatment alone. Pet surgeries can end up costing thousands.
With all these costs, it’s surprising that only less than 2% of pets are covered by pet insurance. Unfortunately, the large percentage of pet owners who don’t have a financial safety net end up draining their finances when faced with unexpected veterinary costs.
To ensure that you and your pet avoid such a situation, pet insurance is important to cover obvious veterinary bills so that you don’t need to deal with the stress of an ill pet as well as having a financial burden.
How Pet Insurance Helps
As with any other type of insurance, pet insurance helps by transferring the financial risk of having to pay for all of your pet’s medical bills in exchange for paying a premium.
Whether your pet is a dog, a cat, a bird, or a rare exotic animal, at some point in their lives you’re going to have to take them to the vet. Veterinary costs don’t come at a fixed price. Costs vary depending on the type of pet you have, the medical condition your pet is facing, and the duration of their illness. This is where pet insurance makes sure that you’re financially secure during unexpected events. With pet insurance being as low as $50, it makes all the difference between draining your finances versus being at ease any time you need to call your vet.
What Does Pet Insurance Provide?
Allows you to pick your vet
Unlike human health insurance policies that make you choose from a list of health care providers, pet insurance allows you to get care from any veterinarian of your choice. All you need to do is simply provide your veterinary bill and get a reimbursement of your expenses.
Equal Insurance Regardless of Pet Breed & Age
While it’s best to insure your pet while they are young and healthy, you can still insure your pet years later at any age. Pet insurance applies to all ranges of age and breed so that you don’t have to worry about finding specific policies for your pet’s wellbeing.
You Can Be At Ease
Because pet insurance allows you to choose from a range of treatments for an ill pet, you’re able to have a peace of mind knowing you have the option to choose from the best medical option you have.
Because most people wouldn’t think twice to gather funds for their pet expenses, the bills do add up. Veterinary bills cost hundreds and thousands of dollars depending on your pet’s situation and this often burns a hole in your pocket. Rather than taking out a loan or using up your savings, with pet insurance, you’re financially covered in case your pet meets with a sudden sickness or injury.
Budget Pet Care Costs
With Provence, you’re able to choose a payment plan that works best for you. Our pet insurance policies can be paid monthly, quarterly, bi-annually, or annually. You get to be in control of your finances and financial plans.