What is Pet Insurance?
Pet insurance is a form of insurance that is
often overlooked by pet owners. But, it can help save you from unexpected costs
when your cat or dog has an emergency. Pet Insurance is a health care policy
for your pet that will provide reimbursement for specific health expenses that
are covered by the policy. While pet insurance can help protect your finances,
not all pet insurance policies are created equal — you must understand what is
covered before choosing a policy for your pet. Two common types of pet
insurance are dog insurance and cat insurance.
What is pet insurance?
Pet insurance is
health insurance that pays a portion of your pet's medical bills based on your
coverage. No one plans to be injured or sick and neither do cats or dogs. As
illness or broken bones can be painful, it never hurts to prepare for the
unexpected when it comes to your pets. While the love of your cats or dogs is
priceless, veterinarian visits are not. Pet insurance can help make these bills
more manageable.
Get your free pet
insurance quote today.
How does pet insurance
work?
Pet insurance works on a reimbursement basis.
You'll pay the vet directly when you take your pet and then submit your bill
for reimbursement. Once the bill is reviewed and approved, the reimbursement
amount will be based on the options you selected for your policy. These options
include:
- Maximum
annual payout: the total amount the policy will pay for all claims
submitted in a policy year.
- Reimbursement
percentage: the percentage of the bill the pet insurance policy will pay,
after the deductible is met, up to the maximum annual amount.
- Deductible:
the amount you are responsible for paying before the company starts
reimbursing you.
Do I need pet insurance?
Pets are a part of your family. Like every
member they may get sick or injured. However, just because cats have nine lives
doesn't mean you should have to work like a dog to pay the vet bills. That's
where pet insurance comes in.
What does pet insurance
cover?
Embrace Pet Insurance has teamed up with the
GEICO Insurance Agency to help make pet insurance easy. That means a plan that
is simple, comprehensive, and allows you to use any licensed veterinarian you
choose.
Choose your annual maximum,
deductible, and reimbursement percentage while your pet enjoys coverage for:
- Breed-specific
conditions
- Cancer
treatment
- Diagnostic
testing and imaging (e.g. X-ray, Ultrasound, MRI)
- Surgery,
hospitalization, and nursing care
- Complementary
therapies and rehabilitation
- ER
and specialist care
- Veterinary
exam fees
- Prescription
drug coverage (optional)
Is routine care covered?
Wellness Rewards* is an optional add-on to
your pet insurance coverage that provides a flexible routine care plan.
Wellness Rewards reimburses everyday veterinary care for your cat or dog not included
in your pet insurance. You can start using Wellness Rewards the day you sign
up.
Wellness Rewards Reimburses
For:
- Annual
check-ups
- Spay/Neuter
procedures
- Vaccines
- Heartworm
preventatives
- Teeth
cleaning and more
How much does pet insurance
cost?
The GEICO Insurance Agency can help you get a
customizable plan to fit your budget without sacrificing coverage. Along with
the deductible, percent of reimbursement, and annual maximum reimbursement you
choose, pricing is based on your location, and your pet's species, breed, sex,
and age.
Get your free pet
insurance quote to see how affordable it is.
When does my coverage
begin?
The waiting period for accidents is 2 days.
The illness waiting period is 14 days. For coverage to start, each pet you are
insuring must have visited a vet within the past 12 months. If you have a new
pet or your pet hasn't seen a vet in the last 12 months, you can take your pet
in during the waiting period without any loss of coverage.
Will my pet be covered for
life?
Yes. If your pet is eligible for accident and
illness coverage when enrolling, then that level of coverage will continue as
long as your pet remains insured through Embrace Pet Insurance.
What is not covered?
There are exclusions including pre-existing
conditions, routine care costs, prosthetic limbs, and pet training sessions
