Most of us love pets a lot, actually home without a pet is very rare. Pets give us companionship. Many people have unconditional love towards pets and consider them as family members, so to protect these animals and give medical care it is important to avail Pet Insurance.
Like all insurance pet insurance is a safety net, it helps to protect you against unexpected costs related to your pet. It provides a helping hand to cover veterinary bills. Customized pet insurance plans are available for pets such as dogs, cats, birds, etc.
There are many risks associated with pets. Different pets carry different risks.
Loss or theft of the pet
Accident while in transit
What pet insurance policies cover?
Pet insurance policies can vary widely like other insurances. It is very important to get the right cover for your pet. Along with veterinary bills, the following will be included in the pet insurance policy.
- Loss and theft of your pet: This covers your pet's purchase price. You need to produce proof for claiming it. Otherwise, your insurer might pay the market value of your pet.
- Treatment for behavioral problems
- Death by illness or injury
- Liability cover: This is available for dogs only. This will cover any costs you're legally responsible for paying if someone is injured or property gets damaged in an incident involving your dog.
Pet insurance in India
As the concept of pet insurance is a relatively new concept, very few takers for pet insurance in India. There were many companies that offered pet insurance in the past, but it was restricted it to just cattle insurance. Most of the insurances for pets in India are only limited to dogs.
Pet insurance companies
List of Companies Offering Pet Insurance are:
New India Insurance
New India insurance company identify the insured dogs will be suitably identified by tattooing, nose Print, photograph, etc. It offers dog insurance schemes for dogs in the age group of 8 weeks to 8 years are insured. The pet will then be covered against diseases contracted during the period of insurance and death due to the accident. Main pet insurance schemes offered by the company are sheep and goat insurance, cattle insurance, pig insurance, camel insurance, poultry insurance, duck insurance, rabbit insurance, elephant insurance, inland fish insurance, etc.
United India Insurance
All indigenous, cross breed or exotic animals are covered by the United India Insurance company. Animal owners, private dairies, cooperative dairies or NDDB owned dairies can avail pet insurance policy from here. The policy covers your pet against permanent total disability and death due to the accident.
This Indian insurance provider offers insurance coverage for horse, dogs, and elephants, etc. Dogs between the ages of 8 weeks to 8 years can be insured under it's dog insurance scheme. The premium ranges from Rs. 200 - Rs. 10,000.