HomeCat HealthIs Pet Health Insurance Worth the Cost?


Is Pet Health Insurance Worth the Cost? — 5 Comments

  1. We don’t have “Pet Insurance” in India, the most popular Insurance for animals being for “Race-Horses”.Thanks to “P.O.C” have got to learn the economical maintenance statistics of domestic pets in First world Country’s. 16 U.S $’s/month for a cat and 25 US $’s/month for a dog is astronomical luxury premiums by Indian standards although veterinary treatment is expensive. Although ownership of pet dogs and cats in metropolitan City’s of India has increased by leaps and bounds in recent years, the idea of “Pet Insurance” hasn’t yet evolved unlike human insurance policies.Hope “Pet Insurance” becomes effective in India in the future with premiums on par with the Indian cost of living as also a “Cat Club” affiliated to either “T.I.C.A” or “C.F.A”.

  2. I agree Dan. I cringe when I see how far some people will go to keep a suffering animal alive even when there’s no chance at recovery. I studied dog policies for 6 hours before deciding on the one for Cujo. We’re concerned with hip dysplasia common in Maine Coons. Furby has a weird gait to his walk and hip surgery may be needed down the road so I’m glad he has the insurance.

  3. My mom worked insurance for a decade or so. They key is to get as little insurance as possible, but make sure it’s enough to cover what you need. Think, how many cats do you know that live to a ripe old age? I met a 20 year old cat once and the world record is 34 years old. I don’t believe in keeping cats alive (or people) on machines or anything like that, but if you love someone and you know you’re going to try every avenue to help them health wise, health insurance may be a good investment.

    With that said, I’m not gonna buy it unless I find my cat(s) are going to require lot’s of work on them. The reason? It’s just to new. I like to wait until an industry (or product) gets itself figured out.

  4. I tried my hand at selling health and life insurance around 25 years ago. I was horrible at it but I learned how not to be taken in by a salesman. I just knew Furby was going to be “trouble” as will Cujo. None of the others have insurance and haven’t needed it.

  5. Thanks for the post Elisa. It is a good subject and a tricky one. I have not taken out pet health insurance – ever. But that does not mean I am correct.

    It is about risk, ultimately. If you have a purebred cat that is habitually sick, insurance is great.

    If you care for a robust moggie who is never ill, health insurance is a waste of money except that is does provide peace of mind and control over your finances.

    Expenditure becomes predictable when you have pet health insurance. People place a lot of value on that.

    The trouble is I don’t like insurance companies. They are like banks and can be part of a bank. They are guaranteed to make a profit because all they need to do it put up the premiums and the contract allows them to do that.

    I love seeing dogs and cats together. Nice picture.

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