When should you buy pet insurance?

Arguably the best time to buy a pet insurance policy is when your dog or cat is a puppy or kitten.

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When it comes to financial products and services, the timing of the purchase is almost as important as what is actually purchased. This timing can affect the quality of the service, the amount (or lack thereof), the corresponding cost, and more. If an application for an insurance policy is made, for example, at the wrong time, the applicant can also risk being denied outright.

With this in mind, it is generally better to purchase services such as insurance sooner rather than later. That’s right for life insuranceAnd travel insurance and even Pet insurance For cats and dogs. But when exactly is “close” and are there better times to buy pet insurance than others? when ought to You buy pet insurance, exactly?

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When should you buy pet insurance?

Although pet insurance works differently than, say, health insurance for humans, the timing surrounding purchasing a plan is pretty traditional. Here are three times you should seriously consider purchasing pet insurance.

When your pet is young

Arguably the best time to buy a pet insurance policy is when your dog or cat is a puppy or kitten. You will never pay less for coverage than you will when your animal is young and healthy. As your pet gets older, his health issues will increase, making it more risky to insure him. This risk will be reflected back to the owner in the form of higher premiums to be paid each month.

But if you act now, when your pet is as young as ever, you could be setting yourself up for a race for low-cost coverage. You’ll also likely get stronger protection than if you waited until your pet was older.

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When your pet is susceptible to certain medical conditions

Another reason to buy pet insurance early besides cost? coverage. Or in other words: If you wait, you’ll risk coverage limits or exclusions. That’s because pet insurance providers don’t operate in the same way as health insurance providers for humans. They can, and will, refuse your pet to be covered if they are suffering from it Pre-existing medical conditions.

A pre-existing condition is anything that occurs before enrollment or during the waiting period. Fetched by the dodo Explain. “Like other providers, we do not cover pre-existing conditions.”

Instant pet insurance also does not cover these types of medical issues.

A pre-existing condition is any injury or illness that occurs or shows symptoms before coverage begins or during the waiting period. their website. “A condition is considered pre-existing whether or not it has been formally diagnosed or treated; all that matters is when it occurred or when symptoms first appeared.”

With this said, it’s easy to see what medical conditions your animal is likely to face as it ages. Your vet can also advise you if necessary. Accordingly, you must act now, before these issues arise, and you put your pet insurance coverage at risk.

When money is tight

It may seem contradictory to spend money on something extra when your budget is tight. But pet insurance can actually help you save money in the long run. By signing up with a provider, you can rest assured knowing that your pet has secured medical care — and that you’ll have financial support to get through any illnesses or emergencies. Without pet insurance, every trip to the vet is stressful. You don’t know the final cost and whether you can afford it – leaving you and your pet in a position to choose between care and costs.

Fortunately, pet insurance helps eliminate this question so that you can focus solely on helping your furry friend. Even if you buy a basic accident-only policy (one of the cheaper types of insurance), it’s still better than no protection at all.

bottom line

Pet insurance benefits owners at many stages in their animals’ lives. But it is arguably the most valuable early on. So when should you buy pet insurance? It is generally best to purchase it when your pet is young and before any predictable medical conditions. It is also preferred to buy when money is tight and the ability to provide for care is a concern.

Get started by getting a free online quote now to find out the cost.

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