Your pets should receive medical insurance that ensures their longevity, whilst ensuring you have the financing available to provide them with the best possible care.
Did you know that the veterinary treatment of a pet suffering from a serious illness or injury can equal to thousands of Rands? You can have these expenses covered by pet insurance in South Africa just as a persons medical expenses could be covered by health insurance. Pet medical insurance covers illnesses and accidents causing injuries.
The insurer pays for the entire treatment of the ill or injured pet. Usually, there is an annual limit which defines the maximum amount of money that the insurer can pay. It is the job of the buyer to check whether per-condition limits (caps) apply.
The Pet Insurance Market
The market for pet insurance in South Africa is has become more competitive in recent years so most insurance companies offer a variety of cheaper options and extra cover benefits. For instance, you can buy only accident insurance in order to save on your monthly premium.
The most popular extra benefits include emergencies cover, routine care cover which pays for vaccinations, deworming and sterilisation, dental cover, complementary and alternative treatment cover and prescription food cover. Boarding fee cover is another useful option. It is designed to pay your pet's stay in a kennel, cattery or another facility if you are hospitalised for a set period of time.
Cost and Discounts
In order to keep your pet insured, you need to pay monthly premiums which are set in your agreement. They may increase based on an annual schedule or remain fixed, depending on the terms and conditions of the policy.
Excess fees apply as well. The excess is your contribution to the payment made by the insurer. The fee can be a fixed sum, but it is usually a fixed percentage of the amount which you request reimbursement for.
It is a common misconception that pet insurance is not affordable to all pet owners.
You can shop around to find the best rate and take advantage of the various discounts available. These include multiple-pet discount, loyal customer discount and no-claims discount plus plenty of exclusive promotional discounts.
Most policies available from insurers are designed for the most common household pets - dogs and cats. Some companies offer equine insurance as well. If you have any other type of pet such as a bunny, a hamster or a bird, you should look for exotic pet cover.
It is also a good idea to approach an insurer directly or make multiple online insurance quote applications so you can compare costs. With pet insurance in South Africa, you can save money while ensuring the wellbeing of your much loved companion.