The purpose of this article is to delve a little further into what one of those pet insurers provides to help owners better understand the different pet insurance plans and help them make an informed decision when shopping for pet insurance.
Overview of AFS – PetMed Pet Insurance Plan
Pets provide a great many benefits for their owners and in return, owners need to provide for their pets’ physical and mental well-being. Accidents and illnesses do occur and sometimes, veterinary bills can become expensive. Pet insurance can ease the burden for many owners. Depending on the policy selected, AFS – PetMed Insurance can pay towards:
- Emergency boarding
- Flea, tick &/or Heartworm control
There are three types of cover that AFS – PetMed Insurance offers:
Plan A = Accidental Injury Cover
- Annual benefit for accidental injury cover up to $6,500 with sub-limits on medicines ($1,200), hospitalization ($1,200) and radiology ($1,200), and covers for things such as:
- Accidental injury
- Veterinary consultations
- After-hours consultations
- Hereditary and congenital conditions
- This type of cover will cost the owner $17.50 – $20.10 per month depending on the type of animal (dog/cat) and whether the owner chooses the 70% or 80% claim benefit.
Plan B = Accidental & Illness Cover
- Annual benefit for accidental injury cover up to $6,500 plus $5,000 illness cover, with sub-limits on medicines ($1,200), hospitalization ($1,200) and radiology ($1,200), skin conditions ($1,200) and tick paralysis ($600), and illness cover includes:
- Infectious diseases
- Cancer treatments
- Gastrointestinal complaints
- Ear & eye conditions
- This type of cover will cost the owner $31.75 – $38.85 per month depending on the type of animal (dog/cat) and whether the owner chooses the 70% or 80% claim benefit.
Plan B + Option 1 = Accident & Illness plus Routine Care Cover
- Annual benefit for accidental injury cover up to $6,800 plus $5,000 illness cover and $50 annually to go towards routine care such as spaying/neutering, micro-chipping, teeth cleaning, cremation or burial, and alternative therapies.
- It’s worth noting that most of those procedures will cost much more than $50 annually so owners need to decide if the extra cost is worth it. Sub-limits include: medicines ($1,400), hospitalization ($1,400) and radiology ($1,400), skin conditions ($1,400) and tick paralysis ($1000).
- This type of cover will cost the owner $40.50 – $48.55 per month depending on the type of animal (dog/cat) and whether the owner chooses the 70% or 80% claim benefit.
Other Things to Know About AFS – PetMed Pet Health Insurance
- Emergency boarding fees are paid up to $50 per day if the owner is hospitalized for more than 5 days. This benefit is up to a maximum of $500 per year on all policy types.
- Multi-pet discounts are available. 10% discount is applied to the second and subsequent pets.
- If premiums are paid monthly, there is an additional $1.00 per month fee incurred.
- Waiting periods apply for crucial conditions.
- On Plan A, there is no upper age limit. On Plan B and Plan B with option 1, pets must be under 9 years old to apply. Lifetime membership is offered once pet is insured.
- A $50 excess/deductible applies for each new condition.
- Some conditions are not covered such as pregnancy, behavioral problems (eg: separation anxiety), pre-existing conditions, elective procedures and things like food and grooming.
Pet insurance plans can be quite complicated, but with a bit of research, owners can confidently compare pet insurance plans until they find one that suits their needs. Information was correct at time of publication; however, AFS – PetMed may change its prices or services so it is important to visit their website for current prices if considering joining. All prices listed are in Australian dollars.