Should You Buy Pet Insurance?

OnetOpici've learned to avoid with new acquaintances (along with politics and religion) is where they stand on the treatment of pets. Some people when their dog gets sick or badly injured say, "it's an animal - that's just part of the circle of life." Others consider Rover a...

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Bibliographic Details
Published inBaltimore Jewish times Vol. 336; no. 7; p. 39
Main Author Alderman, Jason
Format Magazine Article
LanguageEnglish
Published Baltimore Baltimore Jewish Times 14.02.2014
Subjects
Consumer education
Guidelines
Insurance
Pets
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Summary:OnetOpici've learned to avoid with new acquaintances (along with politics and religion) is where they stand on the treatment of pets. Some people when their dog gets sick or badly injured say, "it's an animal - that's just part of the circle of life." Others consider Rover a close family member and would take out a second mortgage to save his life. First, ask yourself: Do you regard pet insurance as a financial investment, where you expect to get back more in benefits than you paid out in premiums over the pet's life? Or is it more like auto or homeowner's insurance, where you hope nothing ever goes seriously wrong, but you want coverage in case there's a catastrophe? * if your pet suffers a particular disorder one year, don't be surprised if that condition is excluded at renewal - or if you're required to pay an additional fee for future coverage.
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ISSN:0005-450X