Pet insurance is a great option to cover vet bills. But if you have a pet with a pre-existing condition, you may not be able to get coverage. Before you purchase a policy, an excellent insurer will evaluate the health of your pet.
A pre-existing condition refers to an injury or illness that occurred before your policy was purchased. After you start coverage, your pet might not show any symptoms. Sometimes, your veterinarian might be able inform you if your animal is pre-approved. Waiting until symptoms present can cause your coverage to be canceled.
Before making a decision, a pet insurance company will examine your pet's medical history for several months. Many companies will ask you to answer a lot of questions about your pet, including any previous or current ailments. Some will require a full medical exam from your veterinarian. This will help you determine the best course of action. This can save you thousands in the long term, even though it can be frustrating.
Fully medically underwritten policies will consider all of the above. This policy is great for pets with chronic conditions, especially elderly pets. You can also get lifetime coverage. Many policies require an annual renewal and you will have to reapply every year.
Some companies will offer pet-centric versions of medical insurance. While this may come at a higher price than a standard plan but it can save you significant money. ManyPets, for example, offers complete medical services that include treatment for pre-existing conditions. There is even an online portal that allows you to submit claims, track your pet’s progress, and obtain quotes. The portal allows you to pick your own veterinarian. This can be helpful if you don’t like the one you have.
You can also sign up your pet for a yearly health plan. These plans are often more affordable than monthly premiums. If your pet needs to go to the vet, you can shave a chunk of cash from your budget, since a wellness plan covers routine checkups and vaccinations.
You'll find the right pet insurance company for you. You should learn as much as possible about the company's policy so you will know what to expect regarding your pet's financial future. It's not always easy to get coverage for a pre-existing condition, but it is worth the effort. If you take good care of your pet, you will reap the benefits in years to come.
The veterinary community is a wonderful source of information on any given subject, including how do pet insurance know about pre-existing conditions. The veterinary charity can also help.