For quite some time now, pet insurance has been made available by a number of insurance companies in order to help protect our furry friends and depending on the insurance company, there are different terms, coverages, and requirements in availing.
But did you know that there are also alternatives to pet insurance? For example, some organizations offer pet emergency funds with friendly terms to help provide the best care and protection for pets during emergencies and unexpected situations while being easy on the wallet.
What’s is the Difference between Pet Insurance and Pet Emergency Fund?
Both pet insurance and pet emergency funds keep our pets in mind, however, terms and conditions may vary. Things to consider when comparing the services are their terms regarding deductibles, reimbursement, claim re-payment, grace period, restrictions, pets covered, and vet consultations if any.
It’s best to study the terms to see which one would ultimately be the best option for you and your pet/s.
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Benefits of a Pet Emergency Fund
For those who are having difficulties in finding ways to provide for their pets, there are organizations that are willing to help. Meanwhile, having a pet emergency fund can go a long way in protecting your pet while giving you peace of mind, especially during emergencies and unexpected situations.
Below are some of the benefits that a pet emergency fund offers for both pet owners and their pets.
Budget-Friendly
Firstly, the monthly costs and reimbursement fees of pet emergency funds are generally much lower than pet insurance. Some pet emergency funds also provide coverage for several pets, whereas insurance companies may charge for additional pets. Also, there’s usually no deductible in pet emergency funds as compared to pet insurance with a deductible cost ranging from $50-$100
More Coverage
When it comes to pet insurance, some companies don’t cover dogs aged 10 and above as well as those with pre-existing conditions. Meanwhile, pet emergency funds such as that of Petcube have no restrictions, so senior dogs and those with pre-existing conditions can also benefit. Age, breed, or medical history isn’t an issue.
Reasonable Terms
Apart from those mentioned above, claim repayment and the grace period is much faster as well. With pet emergency funds, claim repayment may be received the same day compared to pet insurance which may take between 4-40 days.
Additional Offers
Additional services may also be included. Take for example Petcube’s Pet Emergency Fund that includes their 24/7 Online Vet service that allows pet owners to consult with certified vets anytime, anywhere. Having the support of professionals is a big plus in emergency situations. It lessens the worry of who to contact and what to do first.
Ultimately, as pet owners who consider our pets as family, it’s best to have a plan in case of emergency situations. While there are a number of organizations that offer services for emergencies, it helps to look for those that would greatly benefit both you and your pets.
Thus, a pet emergency fund is a worthy alternative to consider. Our pet’s health and wellbeing is important to us and we want to ensure that they are protected and given the proper care that they deserve. Services such as pet emergency funds help provide the support we need during unexpected situations while giving us peace of mind
