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Why Choose The PetCare Pet
Insurance Programs?
- PetCare Pet Insurance Programs cover 100% of insured accident
and illnesses less the deductible up to the age of 8 (6 for "select"
breed dogs) up to policy limits. Other insurance companies do
not cover 100% of the claim as they incorporate co-insurance or
company rates into all their policies.
- PetCare Pet Insurance Programs have no schedule of benefits.
If an accident or illness is covered under the pet owner´s
policy, the PetCare Pet Insurance policy will pay out the full
amount up to the coverage limit less the applicable deductible.
The pet owner, in discussion with their veterinarian, can decide
the optimum course of treatment for their pet and use the coverage
available accordingly.
- PetCare premium history is one of stability. A key reason for
this is that we exclude maintenance coverage. As with human health
care, maintenance coverage encourages a policyholder to overuse
the insurance in an effort to achieve "value for money",
this then results in extra claims and ultimately frequent increases
in premium or reductions in coverage.
- Premiums do not change based on the age of the pet and once
a pet is enrolled into a program they can stay on that program
for life.
- Deductibles are fixed per incident throughout the duration of
the policy.
- Unlike its US competitors there are no territorial surcharges
on PetCare policies. This means that the PetCare Pet Insurance
Program´s premiums are fixed for each product line, and
thus our customers are treated equally irrespective of the state
in which they live.
It is our intention to offer customers
value for money and for this reason we do not cover the cost of
general maintenance for dogs and cats. Repeated studies have shown
that the costs to purchasers of pet insurance policies including
coverage for maintenance are prohibitively high and that purchasers
often end up paying more for this type of insurance than they would
other wise pay to the veterinarian directly. In addition, this type
of insurance has historically shown a high frequency of premium
increases, and reductions in coverage.
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