Pets make for the perfect companion to those who live alone or want to expand their family. But the sad truth is that they can be costly to care for, especially when an unexpected illness creeps up. If you have a pet, you’re probably already aware of this and are considering buying pet insurance before taking your furry friend to the vet.
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Pet insurance wasn’t always an option for pet owners. But, with the cost of pet care being as expensive as it is, and only rising higher, insuring a pet is sounding more appealing to many. If you’re on the fence about buying pet insurance before heading to the vet, we’ve outlined below a few important things to consider.
Should I get pet insurance before going to the vet?
It may be a good idea to purchase pet insurance before going to the vet, but you’ll need to consider the reason for your visit and the time between starting a policy and the appointment date. Just like traditional health insurance policies, pet policies often carry waiting periods and exclusions depending on the company you purchase from.
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For example, most pet insurers impose a 14 or 15-day waiting period before coverage actually begins. So, if you purchased a policy today and the insurer has a 15-day waiting period, you’ll need to wait out those 15 days before you can submit a claim.
Now, there are some companies like MetLife that offer accident and wellness coverage the same day you purchase your policy. Others, like Healthy Paws, do subject pet owners to a 15-day waiting period, which means you’ll have to wait until after it expires to submit a claim for an accident or illness.
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