BUSTING THE INSURANCE JARGON

ALTHOUGH some pets may go through life without any major problems, others may find themselves in need of emergency or ongoing veterinary care. One way to prepare for unexpected bills is to take out pet insurance. But which one is best? Here, the PDSA cuts through the jargon…

ACCIDENT ONLY INSURANCE: These policies only cover your pet for accidents, NOT illnesses, but premiums are usually cheaper as a result.

EXCESS: The amount you pay when you make a claim. This could be a set figure or a percentage of the total claim (known as co-insurance) or both. There can be ‘compulsory excess’ (set by the insurer) and ‘voluntary excess’ (where you decide the amount).

ELECTIVE PROCEDURE: Treatment that isn’t absolutely necessary for your pet’s wellbeing, it’s chosen rather than ‘essential’. For instance, neutering a healthy pet would usually be considered ‘elective’.

EXCLUSION PERIOD: This refers to the time between the start date of the policy and the date from which you’ll be able to make a claim. This is usually between 10-14 days, but could be longer.

LIFETIME COVER: This type of policy will usually cover your pet against any new accidents and illnesses for their entire life (as long as the policy is active). As a result, it will generally cost a bit more, but will offer you full peace of mind. Check for restrictions.

MAXIMUM BENEFIT: This means a set limit on claims for each illness or injury. There are no time restraints, but once you reach the stated limit, the insurer won’t pay any further claims for that particular condition.