Pet health insurance is an old concept that has been gaining popularity through the years. Insurance companies may have seen the potential as pets are becoming part of the family in many households these days. But with the tough economic conditions, are people still willing to spend extra amount in order to insure their beloved pets?
The trend is still in the process of development. But the idea can be compared with the insurance policies of humans. There are deductibles, annual premiums and the owner can choose from various coverage plans. If you have just learned about this, here are some important notes that might fill in your curiosity.
1. The average amount that can be deducted annually to the insurance is around $100. But the costs of policies vary depending on the kind of plan that the owner will get for their pets. There are even packages that you can choose to acquire.
If you are willing to spend more, the following can be covered with your pets insurance: routine care, preventive medications, annual checkups, periodic vaccinations and surgeries like spay or neuter. Simpler plans will only cover the basic, like illnesses and accidents.
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