Are you an owner of an adorable feline? Have you considered investing in cat insurance? Making such an investment is the most effective method of saving on veterinary fees. Whenever your pet gets injured or falls ill, the policy will cover at least a portion of the expenses you’re expected to pay for veterinary or hospital treatments.

Cat insurance also provides coverage in the event of accidents or having your pet stolen. Some policies cover the cost of advertising used by owners to locate their felines. In order to make the right choice, policyholders should pay attention to several factors.

Read more about these factors in detail.

Type of policy

When making a comparison of cat insurance policies, make sure you inspect the types of policies prior to selecting one. Many cat owners opt for the lowest-cost policy offered only to find themselves disappointed in the event of making a claim. For instance, lifetime insurance covers the expenses related to the injuries and illnesses a feline might suffer from in its lifetime.

Nevertheless, the medical conditions your companion already suffers from will probably be excluded from the policy. Lifetime cat insurance has an annual claim limit, which pet parents should check before making any commitments.

Conversely, time-limited policies provide coverage for the illnesses and injuries of felines over a limited time period since the discovery of the medical condition, usually twelve months. Once this period is over, policyholders are deprived of the possibility to claim for the same injury or illness one more time. Financial limits should be considered when choosing a time-limited cover.

Another cat insurance option is the maximum benefit cover, offering a fixed sum of money for the treatment of a particular medical condition while imposing no time limitations. The moment policyholders reach the financial limit; no more coverage will be provided for the same condition.

Ultimately, accident-only covers refer to cat insurance policies that cover accidental injuries only while providing no coverage for illnesses. Given the limited coverage, it’s no wonder these covers are the cheapest.

Lifestyle

The lifestyle of felines and their owners is of tremendous importance when looking for the most comprehensive cat insurance.  When making a comparison of Katzenversicherung policies, make sure to compare the right variables. The one you select is supposed to cover vet bills for the treatment of injuries and ailments, even dental repairs.

Owners of pedigree cats should choose cat insurance that provides reimbursement in case their pets get lost or stolen. The sum of money should not only compensate for your loss but also for the expenses related to printing out posters and rewarding the person who finds them.

Travelers taking their felines on trips should look for special conditions in cat insurance policies, such as holiday cancelation coverage. Hence, they will be reimbursed for the cost of canceling their trip in case their companions get sick or missing before the trip takes place.

As mentioned previously, the greatest number of policies cover no pre-existing medical conditions. If your feline, however, suffers from a certain chronic health issue, look for a specialist cover.

Apart from considering what the insurance covers, pet parents should also factor in the exclusions. For example, vet bills for grooming, vaccinations, and treatment against fleas will probably be excluded. The same goes for pregnancy treatments and going into labor.

The cost

The final thing to factor in when choosing cat insurance is the cost of the policy. There are certain factors affecting the overall price, such as the pedigree and breed, the age of felines, the place where policyholders live, and the covered veterinary fees.

As far as the pedigree and breed of cats are concerned, some breeds are costlier to insure due to their susceptibility to specific health issues. For instance, Bengal, Persian, and Siamese felines are known to be highly susceptible to various health problems. The risk of pet parents filing a claim is rather high, thus increasing the cost.

Age is another important factor influencing the price. Like humans, felines are more prone to developing ailments as they grow older. Consequently, having a kitten insured would be cheaper than insuring a senior cat. The town/city where policyholders live is considered in the calculations as well. The cost of living is believed to have a major impact on veterinary prices.

The excess amount is another factor affecting the cost of policies. It refers to the sum of money policyholders are supposed to pay every time they file a claim. The higher the excess amount, the lower the premium. In cases when policyholders are required to pay no money as excess when making a claim, the premium amount is rather high.

Final word

Having your pet insured is the best decision an owner can make.

Wait no longer!