December 21, 2020

New pet for Christmas? Here’s why it’s worth waiting until Jan to insure it

By haziqbinarif

Research by Bought By Many, the pet insurer, said poisoning, perhaps from a poinsettia or chocolate left lying around could cost owners £345 in vet bills, whilst swallowing a loose object, such as a bauble could set you back £637.

Getting the right insurance is also a key consideration. For new pet owners looking to insure their animals this Christmas, there are four main options. 

Accident-only cover pays for the cost of treatment if your pet is involved in an accident but  does not cover illnesses, diseases or pre-existing conditions. Time-limited insurance policies cap how much you can claim and how quickly you can make another.

Lifetime insurance pays for new injuries or illnesses but there is usually a limit on the amount you can claim in a year, while maximum benefit provides an annual sum to claim on throughout the year.

Isabella Von Mesterhazy of Petplan, the vet, said: “When shopping around check the veterinary cover provided by each policy carefully as not all pet insurance is the same.”

The type of cover, breed and age of pet and where you live are the four main factors taken into account  by insurers when setting premiums.

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