Dog insurance comes in two forms, mid-level and lifetime. Mid-level plans cover the costs of one illness or injury but do not specify the duration of treatment. Lifetime plans provide the highest level of coverage and are the best choice for long-term illnesses. However, you should note that the maximum amount of insurance coverage per year is quite high. Moreover, certain costs are excluded from coverage. Some policies do not cover pre-existing conditions.
While pet insurance covers medical expenses in case of accidents or illnesses, it does not cover preventative medication and pre-existing conditions. However, some insurance companies consider such conditions as age-related or hereditary as pre-existing. Other pre-existing conditions include congenital problems such as hip dysplasia, heart defects, and similar problems. Furthermore, pet insurance policies do not cover pre-existing conditions, such as those associated with pregnancy, childbirth, and offspring.
When it comes to premiums, pet insurance premiums rise as your pet gets older. If your dog is 12 years old, it may be prone to accidents, and advanced treatments might cost as much as $25,000 without insurance. Aside from the price, you will also have to consider the quality of life your pet will have during the course of treatment. Invasive and life-sustaining procedures may increase the risk of developing other health problems.
Before purchasing a policy for your dog, consider its advantages and disadvantages. The primary advantage of dog insurance is that it is affordable for most dog owners. If you have the money to pay the premiums, you can even choose to go without pet insurance altogether. However, be sure to look at the cost as well as the coverage limits of different plans. However, do remember that some insurers may not offer all the plans, so you must find one that suits your budget.