A pet insurance is always the number one thing that you need to get for your pet if you want to be assured of his health and wellness. However, before getting insurance for him, you ought to be aware of certain things that are very crucial to you and your pet. Even though you have checked the internet and insurance websites for information and important facts, there are still some details that they would not want you to know not unless you have already purchased the plan. In order to realize these important things, I have listed them below so that you would be aware of them and not feel any regrets in the end. Here are 4 of the pet insurance facts that they definitely wouldn’t want you to know.
- The 14-day waiting period – Whenever you apply for coverage, there would be a waiting period. Normally, that waiting period would last to more or less than 14 days. It could even reach the 28th day. Upon these days your pet would be covered for any occurrences of accidents but never for sicknesses or anything with regards to their health. The sad part is, if your pet had experienced sickness during that period, you won’t be able to make any claims. It would also be classified as a pre-existing condition. That is why, if you are looking forward upon getting insurance for your pet, make it quick and avoid delays.
- Percentage Excess – This implies more to pets with old ages. You would be required to pay a percentage excess aside from the normal fixed rate. This fact is not always introduced clearly to you and you would just be surprised because you will suddenly be required to pay an amount that may have a big difference to the fixed rate.
- Claim Forms and Other Restrictions – When it comes to making claims, you must be aware of the time limits and durations. Some insurance companies would allow you to claim within the span of 6 months while some only has a time span of 30 days only. Another thing is that, some pet insurance companies require you to report any signs of sicknesses immediately. That is why, it is important that you read carefully what is written on the terms and conditions to avoid any misconceptions.
- Increasing Premiums – You should also be aware that your rate would increase annually, that is of course, if you stay with your present insurance provider. There will actually be no chance for your premiums to decrease. The conclusion is because as your pet gets older, he is more likely to develop a sickness. That is why the premiums increase.
Having knowledge about these facts, you ought to be more careful upon selecting a pet insurance. Another important thing is that, you should always read your terms and conditions carefully and ask your agent or provider if there are some things that confuse you.