Cat insurance is essential to ensure you cat’s health and wellbeing throughout their life. The two objections to cat insurance we hear most commonly are: “It’s a rip off as it never pays out” “I prefer to save the money each month” “It’s a rip off as it never pays out” It’s true, some insurance… Read more »
Cat insurance is essential to ensure you cat’s health and wellbeing throughout their life.
The two objections to cat insurance we hear most commonly are:
- “It’s a rip off as it never pays out”
- “I prefer to save the money each month”
“It’s a rip off as it never pays out”
It’s true, some insurance companies will avoid paying out when they can. However, by doing a lot of research and taking advice from professionals, such as your vet, this is very rare.
Working within the veterinary industry gives us the opportunity to have a great knowledge of how pet insurances work. We are not able to advise as we’re not regulated by the Financial Conduct Authority but we can certainly give you the best tips to look for to ensure the cover meets you and your cat’s needs, and help to reduce any problems with claims in the future. Simply basing the product on price isn’t enough when it comes to insurance.
It’s also important to take advice from your vet as there are some insurance companies they can work with to make direct claims which means you only have to pay an excess up front. This can be important as it could save you finding a lot of money very quickly, and it ensures your cat can have the best treatment straight away.
“I prefer to save the money each month”
If the average insurance policy premium is £20 per month, many people prefer to save this amount themselves, rather than paying insurance. Although saving is very important, there is something you need to consider.
If your newly homed kitten of 8 months old has an accident falling from a tree and needs a fracture repair of a leg, realistically you need to set aside £4,000. By saving the insurance premium yourself, rather than through a policy, and assuming you’ve had the kitten since 3 months of age, you would have £100 to put towards the treatment. We know from experience that any major trauma like this is extremely worrying for owners, and to be faced with making decisions based on money is very hard.
By investing your £20 per month with a good, lifetime, insurance policy, you wouldn’t need to worry. You would pay the excess, and everything else would be covered*. A big relief for you, and immediate treatment for your cat.
As a cat only vet, we have a recommended insurance provider which you can find out more about here.
*check T&Cs of policy, and excluding any pre-existing conditions.