Pet owners consider their animals to be full-fledged family members. They ensure that their pets are well-fed, given particular care when ill, sufficiently exercised, and included in all family gatherings and holidays. Everyone in your family, except your pet, has insurance coverage. Since Pet Insurance was only recently introduced in India, more information is needed.
What exactly is pet health insurance?
A Pet Health Insurance Policy covers veterinarian charges for treating an injured or ill pet. Some pet insurance policies cover the loss of the insured pet. This coverage allows pet owners to provide the best care for their animals due to the high cost of veterinarian care and other expenses. The Pet Insurance Plans have also been approved by India’s insurance regulator, the IRDAI. #
What are the advantages of purchasing pet insurance?
Ensures Superior Healthcare: Pet insurance coverage expands treatment possibilities for fractures, pregnancy difficulties, dental concerns, cataracts, and other conditions. In addition, as pets age, they may require more healthcare services you supply without exceeding your budget. *
You need not dip into your Savings: It’s no secret that pets are expensive. Pet food, immunisations, grooming, medications, and accessories are expensive. You may have to use your funds if you get sick, injured, or need medical care. Nevertheless, if you have pet insurance, the insurance company will cover these expenditures, so you won’t need to take out a loan or drain your money to care for your cat. ##
Assists with high-end treatments without draining your finances: Animals, like humans, can suffer from serious illnesses requiring expensive operations and other treatments. The insurance company will cover such costly treatments. *
Pet Insurance Premium Flexibility: One-time payments may only be affordable for some. The good news is that insurance companies let you pay your premiums whenever you choose. Our regular insurance allows monthly, quarterly, semi-annual, or annual payments. *
Additional Coverage: Some pet insurance plans include the pets passing away, theft, international travel, and third-party responsibility if your pet injures or damages a third party. *
What is covered under the Pet Insurance Plan?
The list of inclusions may differ between insurers. Nonetheless, the following are standard inclusions:
- Hospitalisation cover
- Result of an accident or an illness
- Theft and loss of protection
- OPD and surgery protection
- Coverage of third-party liability
What are the pet insurance plan’s exclusions?
Although the list of exclusions may vary from insurer to insurer, the following exclusions are typical of the majority of plans:
- Surgical procedures are not necessitated by an accident or illness.
- Surgical correction of congenital malformations
- Personal grooming and cosmetic surgery
- Surgical procedures needed by pregnancy or lactation
- Dental surgery that is not the result of an accident
How to Get Pet Insurance
Many insurers in India have begun offering pet insurance. Now you can buy dog insurance online through numerous insurers. Visit the insurance provider’s official website and click ‘Pet Insurance’ to purchase the coverage. If you are not comfortable buying the policy online, you can visit the local branch of the insurer and buy the coverage in person.
How does an insurance claim for a pet work?
The claims process for pet insurance is comparable to traditional health insurance. You must complete the claim form and submit it with supporting documentation, such as your pet’s vet bills, immunisation certificates, hospital bills, etc. *
Consult with your pet’s veterinarian if you are still determining whether the Pet Insurance Policy suits you. Your pet’s condition is known only to you and the vet. Young pets get lower premiums. As pets age, premiums may rise. If your pet has a pre-existing condition, insurers won’t cover them. Therefore buying a lifetime policy when the pet is young and healthy makes sense.
* Standard T&C Apply
# Visit the official website of IRDAI for further details.
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
‘Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.‘